New orders for key U.S.-manufactured capital goods surged in November, offering more signs that the economy is on solid footing as the year ends.
Read More US core capital goods orders rebound as economy eyes strong end to 2024
Tag: Federal Reserve
Apple approaches $4 trillion valuation as investors bet on AI momentum
Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements.
Read More Apple approaches $4 trillion valuation as investors bet on AI momentum
S&P 500, Nasdaq rise on optimism ahead of rate cut, economic data
The S&P 500 and the Nasdaq climbed while the Dow was flat on Monday, as investors looked ahead to an anticipated Federal Reserve interest rate cut later in the week.
Read More S&P 500, Nasdaq rise on optimism ahead of rate cut, economic data
Bitcoin tops $106,000, hopes grow for strategic reserve
Bitcoin hit a record high above $106,000 after President-elect Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve.
Read More Bitcoin tops $106,000, hopes grow for strategic reserve
U.S. Producer Prices Rise 0.4% In November Amid Job Market Signals Of Cooling
Dale Smothers, President and CEO of RDS Wealth Management joins Alicia Summers to share his insights on these trends, addressing concerns about inflation pressures ahead of expected Federal Reserve rate cuts next week.
Read More U.S. Producer Prices Rise 0.4% In November Amid Job Market Signals Of Cooling
US weekly jobless claims unexpectedly rise
More people continued to collect unemployment checks at the end of November relative to the beginning of the year as demand for labor cools.
Read More US weekly jobless claims unexpectedly rise