U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street’s impressive rally.
Read More Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally
Tag: inflation
US single-family housing starts jump to more than 1-1/2-year high
Declining mortgage rates and incentives from builders are likely to draw potential buyers back into the housing market.
Read More US single-family housing starts jump to more than 1-1/2-year high
A $6 trillion cash hoard could fuel more U.S. stock gains as Fed pivots
Investors wondering whether markets can continue their torrid rally are eyeing a nearly $6 trillion pile of cash on the sidelines.
Read More A $6 trillion cash hoard could fuel more U.S. stock gains as Fed pivots
US retail sales beat expectations; weekly jobless claims fall
U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting.
Read More US retail sales beat expectations; weekly jobless claims fall
Federal Reserve Leaves Interest Rates Unchanged, Indicates 3 Cuts Coming Next Year
The Federal Reserve kept interest rate predictions the same on Wednesday for the third time in a row, which could point to signs that inflation could possibly begin to slow down.
Read More Federal Reserve Leaves Interest Rates Unchanged, Indicates 3 Cuts Coming Next Year
CPI Report Shows Inflation Not Cooling Down
with Dr. Dave Brat
Read More CPI Report Shows Inflation Not Cooling Down