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Tag: Federal Reserve

The Marriner S. Eccles Federal Reserve Board building is seen in Washington, DC, March 16, 2022. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

Fed expected to deliver quarter-percentage-point rate cut next week

U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction.

Read More Fed expected to deliver quarter-percentage-point rate cut next week
NEW YORK, NEW YORK - MARCH 10: A person shops for groceries at Lincoln Market on March 10, 2022 in the Prospect Lefferts Garden neighborhood of Brooklyn borough in New York City.The Labor Department reported that consumer inflation rose 7.9% over the past year, the largest rise since 1982, raising the prices of gas and consumer goods. Grocery costs rose to 8.6%, the biggest year-over-year increase since 1981, and gas prices increased 38% all within a 12 month period ending in February. (Photo by Michael M. Santiago/Getty Images)

Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed

Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week. 

Read More Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed
FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

Nasdaq, S&P gain on megacap boost in lead up to inflation report

The S&P 500 and the Nasdaq rose on Tuesday as most megacap stocks gained, with focus now moving to key inflation data later this week.

Read More Nasdaq, S&P gain on megacap boost in lead up to inflation report
LOS ANGELES, CALIFORNIA - JUNE 02: A 'Now Hiring' sign is displayed outside a check cashing shop on June 2, 2023 in Los Angeles, California. Today’s U.S. labor report shows that employers added 339,000 jobs in May with sectors including construction, healthcare, business services and transportation adding jobs with wages showing 4.3 percent growth over the same period last year. (Photo by Mario Tama/Getty Images)

U.S. Economy Added 142K Jobs In August, Falling Below Expectations

The latest job growth report showed that job additions in August increased but missed economists’ estimates, with the unemployment rate staying nearly the same. 

Read More U.S. Economy Added 142K Jobs In August, Falling Below Expectations
The Federal Reserve building stands in Washington April 3, 2012. REUTERS/Joshua Roberts/File Photo

Traders see Fed starting with 25 bps cut in Sept

Traders priced in a quarter-point Federal Reserve interest-rate cut this month with a bigger move expected at its next meeting.

Read More Traders see Fed starting with 25 bps cut in Sept
TYSONS, VA - AUGUST 22: A hiring sign is displayed in front of Abercrombie & Fitch at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. According to reports, over 800,000 fewer jobs were created within the U.S. economy than originally reported in the 12-month period, 30% less than the previously reported 2.9 million from April 2023 through March, 2024. (Photo by Anna Rose Layden/Getty Images)

Report: Job Openings Fall To Lowest Level Since Biden Took Presidency

Job openings across America spiraled down to their lowest level since the beginning of 2021, a very concerning notion that the labor market is cooling. 

Read More Report: Job Openings Fall To Lowest Level Since Biden Took Presidency

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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