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Tag: Federal Reserve

The Federal Reserve building in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts//File Photo

S&P 500, Nasdaq fall as investors scale back bets on Fed rate cuts in 2025

Stocks dropped on Monday, with the benchmark S&P 500 at a two-month low as bond yields surged after robust payroll numbers last week.

Read More S&P 500, Nasdaq fall as investors scale back bets on Fed rate cuts in 2025
Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims fall to 11-month low as labor market remains stable

The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a stable labor market.

Read More US weekly jobless claims fall to 11-month low as labor market remains stable
A street sign marks Wall Street outside the New York Stock Exchange (NYSE) in New York City. REUTERS/Caitlin Ochs/File Photo

Wall St rises in first trading session of 2025; Tesla slides

Wall Street’s main indexes rose in the first trading session of 2025 as investors pinned their hopes on a fresh political landscape and more interest rate cuts.

Read More Wall St rises in first trading session of 2025; Tesla slides
SAN ANSELMO, CALIFORNIA - FEBRUARY 07: In this photo illustration, Visa credit cards are displayed on February 07, 2024 in San Anselmo, California. According to a report by the Federal Reserve Bank of New York, credit card debt in the United States has reached $1.13 trillion. (Photo Illustration by Justin Sullivan/Getty Images)

Credit Card Defaults At Highest Level Since Great Recession In 2008

According to the Financial Times, U.S. credit card defaults increased to their highest level since the start of the 2008 Great Recession, which is a telling sign that lower-income Americans are struggling after dealing with years of high inflation. 

Read More Credit Card Defaults At Highest Level Since Great Recession In 2008
A shopper looks at frozen food in an Albertsons supermarket in Seattle, Washington, U.S. December 10, 2024. REUTERS/David Ryder/File Photo

US core capital goods orders rebound as economy eyes strong end to 2024

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
Apple logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

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

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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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