Will inflation come down this year? We're about to get a big clue
This week kicks off the second quarter earnings season, when firms in the US report on how much money they made (or didn't make) from April through June of 2023. It also brings a slew of new inflation data.
2023-07-11 19:16
How the Fed's new instant money program could lead to another regional banking crisis
FedNow is coming...now-ish. And that means money transfers are expected to get a whole lot faster.
2023-07-10 20:18
Some investors are shunning Wall Street's tech frenzy
While many on Wall Street have chased the monster rally in mega-cap tech stocks this year, exchange-traded fund (ETF) investors seem to be bucking the "all-in on tech stocks" trend and opting for a more diversified strategy.
2023-07-07 19:51
Does the Fed have the labor market all wrong?
The labor market just won't quit, but this could be another case of "good news is bad news" for the Federal Reserve.
2023-07-06 19:58
The Fed can't decide how much money US households have left
There's just one thing keeping the US economy afloat: You.
2023-07-05 19:50
The credit crunch is getting worse and bankruptcies are on the rise
The strength and resiliency of the US economy during the first half of the year defied the expectations of economists who largely expected the country to fall into recession.
2023-07-03 19:45
Why Wall Street is bullish on beaten-down energy stocks
Some investors are turning bullish on energy stocks, despite their disappointing performance this year and some major challenges facing Big Oil.
2023-06-30 19:47
The Fed is secretly stress testing the US economy against nightmare scenarios
Federal Reserve Chair Jerome Powell seemed uncharacteristically relaxed yesterday at the European Central Bank conference in Portugal. The Fed head shed his reading glasses and wore his shirt collar open with no tie as he cracked jokes alongside a panel of his central banking contemporaries.
2023-06-29 19:59
Extreme weather is hitting parts of the US. That's bad news for the economy
We've all heard Wall Street bigwigs compare the looming recession to gathering storm clouds, hurricanes, and heavy fog. But what happens when those weather events are no longer just analogies?
2023-06-27 19:45
Why it might be time to get optimistic about the stock market
It's hard to remain cheery as economic conditions go soft, stocks bounce around with whiplash-inducing volatility and inflation remains stickier than superglue.
2023-06-26 19:50
Recession obsession, AI boom and wild markets: What Wall Street can expect for the rest of 2023
The first half of 2023 has been a strange and volatile one for markets. Investors have had to contend with the possibility of recession and war in Europe, interest rate hikes (and pauses), sticky inflation and a softening US economy.
2023-06-22 19:58
401(k) plans have never been hotter. That's changing the stock market
More Americans than ever are saving for retirement and more Americans than ever are doing that by investing in 401(k) plans. That's affecting equities.
2023-06-21 19:46