S&P books record as Fed's preferred inflation measure surges by most since 1992
The S&P 500 rallied to a record high Friday as investors grappled with the hottest annual reading of the Federal Reserve's preferred inflation measure in nearly 30 years.
Mortgage rates cross 3% for first time in 2 months
Mortgage rates have climbed past 3% for the first time in over two months, according to Freddie Mac.
Banks pass Fed’s stress tests results with flying colors
The Federal Reserve has blessed the nation's largest banks with a clean bill of health paving the way for a flood of dividends and buybacks.
Durable goods jump as transportation orders rebound
Durable Goods pop fueled by transportation purchases after two straight monthly declines.
Bank of America, Wells Fargo eye dividend boost as Fed’s stress tests loom
Passing the Fed's stress tests will allow big banks to unleash billions to buy back stock and boost dividends.
Powell says Fed will wait for 'actual inflation' before raising interest rates
Federal Reserve Chairman Jerome Powell said Tuesday the U.S. central bank will not raise interest rates from rock-bottom levels too quickly due to recent inflation fears, reiterating policymakers' commitment to a "broad and inclusive" job-market recovery.
Fed's Powell faces rate-hike questions on Capitol Hill amid recent inflation surge
Federal Reserve Chairman Jerome Powell is slated to tell lawmakers on Capitol Hill that while inflation has risen "noticeably" in recent months, the U.S. economy has shown "sustained improvement" from the coronavirus pandemic.
Powell says economy growing rapidly, inflation up ‘notably’
The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says in written testimony to be delivered Tuesday at a congressional oversight hearing.
Regulators tell Biden U.S. financial system in good shape - White House
Financial regulators assured President Joe Biden on Monday that the U.S. financial system is in good shape and that financial risks are being mitigated by strong liquidity in the banking system, the White House said.
Dow jumps 586 points, snapping five-day losing streak
U.S. equity markets soared Monday with the Dow Jones Industrial Average snapping its five-day losing streak and bouncing back from its worst week since October.
Stock market's most popular trade faces 'perfect storm'
Wall Street’s favorite trade of the year is facing a “perfect storm” as the Federal Reserve prepares to exit the emergency measures put in place during the pandemic, according to Bank of America.
Copper gutted as China, Fed pressure metals
Copper is getting crushed in the worst week since March of 2020.
Fed keeps interest rates at 0% - how your loans are affected
The Federal Reserve kept interest rates steady at its latest meeting, but they could be going up soon. Here's what will happen then, and what you should do with your finances to prepare.
Stock futures trade mixed to end the week
U.S. equity futures are trading mixed ahead of the final trading day of the week.
Nasdaq nears record as Fed rate hikes seen far out on horizon
The Nasdaq Composite neared a record high Thursday as investors rotated into growth stocks after digesting the Federal Reserve’s plan to exit from the emergency measures put in place during the COVID-19 pandemic.
Fed's Powell says all Americans will have job opportunities as economy recovers
Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. is on a path to a “very strong labor market” as he noted that Americans will have opportunities to return to work.
Stock futures add to declines after Fed's interest rate outlook
U.S. equity futures were trading lower after Federal Reserve officials indicated they expect higher interest rates by late 2023.
Fed's Powell uses lumber prices to explain inflation path
Federal Reserve Chairman Jerome Powell on Wednesday used the recent plunge in lumber prices as an example of why the central bank thinks the recent surge in inflation will be transitory.
Fed's Powell predicts 'transitory' inflation, but warns it could be 'higher' than expected
Federal Reserve Chairman Jerome Powell maintained that a recent surge in consumer prices is likely transitory – but warned the increase may ultimately be “higher and more persistent” than expected.
Stocks tumble as Fed keeps policy on hold, raises inflation outlook
U.S. equity markets tumbled Wednesday after the Federal Reserve reiterated its belief that inflation is "transitory," but said that rate hikes will likely begin in 2023.



















