US Stocks Have Already Reversed a Third of Post-Election Rally
A pullback in the S&P 500 that’s already trimmed about a third off the index’s post-election rally is set to continue Friday, ...
Boston Fed President Says December Rate Cut Isn’t a ‘Done Deal’
Another rate cut in December is “certainly on the table, but it’s not a done deal,” said Boston Fed President Susan Collins ...
Global stocks mixed with US inflation and Republican sweep in focus
The FTSE 100 is expected to remain a battleground between buyers and sellers on a busy day for corporate reporting.
Dollar rallies as Fed's Powell nixes rate cut bets
The dollar was set for its biggest weekly gain in over a month on Friday, supported by expectations of fewer Federal Reserve ...
European Midday Briefing: Powell Rate-Cut Caution Drags on Stocks
It said stability in the short end of the Treasury yield curve contrasts with volatility in the long end. With less than 75 basis points of Fed rate cuts priced for the upcoming year, the 2-year ...
Voters blamed Biden and Harris for rising costs. Was that fair? We asked economists.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
West Hawaii Today50m
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target mean the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, ...
CBS19 News55m
Markets struggle at end of tough week
Asian markets stuttered Friday as data showing a pick-up in Chinese consumption was offset by concerns about US interest ...
What evidence tells us about the Fed’s independence and Trump
Powell has been robust with the president-elect, but the inflation-reducing benefits of independence are not entirely safe in the US ...