Fed Chairman Jerome Powell speaks Friday at 10 a.m. ET in a much-anticipated appearance at the Federal Reserve’s annual Jackson Hole, Wyoming, symposium.Fed watchers do not expect a new message from the Fed chairman...
Inflation remains hot. In July, U.S. consumer prices spiked 8.5% from a year earlier — down from 9.1% in June but still near a multi-decade high. The Fed has already raised interest rates multiple times this year to...
In some ways, things are starting to look up for the U.S. economy. A promising inflation report and low unemployment have many people feeling optimistic that perhaps the worst of this downturn is over. However, many...
It’s common for many people to wonder when they should invest and in what. They might think that they don’t have enough to invest yet if they only have, say, $1,000. Or they may think that for best results...
Stock futures slide on growth, inflation worries; week ahead: Powell set for key Jackson hole address; Tesla shares slide as musk unveils FSD price hikes; AMC entertainment plummets as Cineworld confirms chapter 11...
Stock futures were lower on Friday, dimming hopes that the S&P 500 could grind out another positive week. Futures for the S&P 500 fell 0.6%, while those tied to the Dow Jones Industrial Average dipped 162...
After a nearly 25% rally off the June lows, the Nasdaq Composite (^IXIC) took a step back Wednesday with its worst day in nearly three weeks. And while it’s too soon to throw in the towel on this two-month rally...
KEY POINTS Supply chain issues continue to plague the industry.Production, deliveries, and demand are all up.The company has considerable cash on hand to keep production afloat. Rivian’s earnings provided some...
In the last month, both the S&P and the NASDAQ climbed back out of bear territory, and are registering 10% and 13% gains respectively. It’s enough to make investors’ heads spin. Let’s not forget, the...
In the last month, both the S&P and the NASDAQ climbed back out of bear territory, and are registering 10% and 13% gains respectively. It’s enough to make investors’ heads spin. Let’s not forget, the...