Stocks Hold Steady as Fed's Powell Speaks
The S&P 500 and Nasdaq Composite were still on track for record closing highs as Federal Reserve Chair Jerome Powell took questions at the New York Times’ DealBook Summit. The S&P 500 was up 0.4%, ...
Election transforms economic outlook, Fed will see less need to cut rates, says Adams of Comerica
The 2024 presidential election has transformed the economic outlook and, as a result, the Federal Reserve is likely to see less need to cut interest rates than they had signaled in September, said ...
Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts
The economy is strong, and it’s stronger than we thought it was going to be in September,’ said the Fed chief.
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Tax Planning Opens a Door for Insurance Wealth Managers: KPMG Strategist
Dunham, KPMG's wealth and asset management strategy leader, said most studies suggest that people who are now 78 or older ...
Stock Market Today: Tech Stocks Lead Gains; Salesforce Rallies After Earnings
Live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
The Hidden Costs of Capping Credit Card Interest Rates
Interest rates on credit cards have been unusually high for a while and have become an occasional target of politicians. In ...
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could ...
Trump’s Treasury Pick to Meet With GOP Senators With Fed and Tariffs on Agenda
Incoming Senate Republican leader John Thune said he expects to discuss Treasury secretary nominee Scott Bessent’s views on ...
Powell remarks watched for sign of pushback or support of Fed rate cut
U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data due Friday, a "quiet" period for Fed ...
Ken Griffin Says America Is Open for Business Following Elections
Mr. Griffin, who had previously derided Donald J. Trump as a “three-time loser,” said he voted for the president-elect.
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Redfin Forecasts Modest Gains In 2025 Housing Market
Redfin’s 2025 housing predictions involve more home sales in 2025, driven primarily by pent-up demand. However, some ...
Refinance Rates Drop for a Fourth Straight Day
Refinance rates for 30-year loans fell for a fourth day Tuesday, shaving off another 5 basis points for a four-day decline of ...