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U.S. interest rate hikes
Major Banks See Federal Reserve Raising Interest Rates Beyond 5 Percent as Inflation ‘Refuses to Soften’
Goldman Sachs, Deutsche Bank, the Bank of America (BofA), and other financial institutions are expecting the Federal Reserve to extend its interest-rate hikes as elevated inflation and strong employment maintain ...
February 17, 2023
BY
Naveen Athrappully
How Stocks Tend to Perform If Midterm Elections Lead to Divided Government
The U.S. midterm elections are not only an event that decides the fate of political power in Congress ...
November 8, 2022
BY
Naveen Athrappully
Investors Rush to Safety of Cash at Fastest Pace Since Pandemic Stock Rout
With the Federal Reserve maintaining a hawkish stance, investors have been fleeing toward the safety of cash at ...
November 5, 2022
BY
Naveen Athrappully
Mortgage Demand Slumps Again Despite Rates Easing as Housing Downturn Intensifies
Even though mortgage rates eased down a bit, demand for mortgages fell for the week ended Oct. 28, ...
November 2, 2022
BY
Naveen Athrappully
Fed Playing a ‘Dangerous Game’ That May Lead to ‘Significant Recession’: Invesco Strategist
As the Federal Reserve keeps raising interest rates in its attempt to bring down inflation, it’s running the ...
October 22, 2022
BY
Naveen Athrappully
Ex-Treasury Secretary Says ‘We’re in New Financial Territory’
Lawrence Summers, the former Secretary of Treasury under the Clinton administration, has warned that home mortgage rates are ...
September 28, 2022
BY
Naveen Athrappully
US Economic Growth Forecast Slashed as Inflation to ‘Remain at High Levels’: OECD
The Organization for Economic Co-operation and Development (OECD) now expects the United States to grow slower this year ...
September 26, 2022
BY
Naveen Athrappully
Mortgage Rates Jump to 14-Year High as Fed Delivers Jumbo Rate Hike
U.S. mortgage rates spiked to record highs for the fifth straight week following the Federal Reserve’s decision to ...
September 23, 2022
BY
Naveen Athrappully
Inflation Can ‘Take Years, Not Months,’ to Cool Off: Former CBO Director
Former Congressional Budget Office Director Douglas Holtz-Eakin has warned that the high inflation rate troubling American citizens isn’t ...
August 30, 2022
BY
Naveen Athrappully
Unemployment Claims Rise More Than Expected as US Sinks into Recession
Unemployment claims registered a fall for the most recent week, but still remained higher than expected, according to ...
July 29, 2022
BY
Naveen Athrappully
Odds Rise for Massive Fed Rate Hike as June Inflation Jumps Over 9 Percent
The odds that fed funds futures will face a 1 percent interest hike, according to the CME Fed ...
July 15, 2022
BY
Bryan Jung
US Retailers Facing a Potential Wave of Bankruptcies
The U.S. retail industry might be at the precipice of a massive wave of bankruptcies, according to multiple ...
June 24, 2022
BY
Naveen Athrappully
Wall Street Futures Drop in Early Trading on June 22, Investors Fear Looming Recession
The Dow Jones Industrial Average and S&P 500 futures were in the red during early trading on June ...
June 22, 2022
BY
Naveen Athrappully
Fed Promises ‘Unconditional’ Commitment to Fighting Inflation
The Federal Reserve has promised to fight inflation unconditionally while also warning about a rise in inflation expectations ...
June 19, 2022
BY
Naveen Athrappully
Corporate Junk Bond Spreads Exceed 500 Basis Points For First Time in Over 18 Months
Spreads on U.S. junk-rated corporate bonds have surpassed 500 basis points for the first time since November 2020. ...
June 19, 2022
BY
Naveen Athrappully
US Manufacturing Slows Down, Leading Economic Index Falls for Third Straight Month
Manufacturing output in the United States declined in May after three months of averaging almost 1 percent growth, ...
June 18, 2022
BY
Naveen Athrappully
Biggest Interest Rate Hike Since 1994; Are Home Prices Coming Down? | NTD Business
The Federal Reserve is delivering the biggest rate hike since 1994. It’s trying to cool down the economy ...
June 15, 2022
BY
Paul Greaney
Fed to Raise Interest Rates Without ‘Hesitation’ Until Inflation Eases, Says Powell
Federal Reserve Chairman Jerome Powell said that the central bank is committed to combating elevated inflation by raising ...
May 18, 2022
BY
Naveen Athrappully
Analysts Expect Dollar to Remain Strong Over Next 6 Months, Fed Raises Interest Rates
The U.S. dollar is expected to retain much of its recent gains for at least the next six ...
May 5, 2022
BY
Naveen Athrappully
Gold Gains Over 1 Percent, but Set for Monthly Decline
Gold prices rallied 1 percent on Friday on the back of a retreat in the dollar, but the ...
April 30, 2022
BY
Reuters
TOP NEWS
US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
2hr
By
Kimberly Hayek
Here’s Who Won Key House Primaries in Arizona
3hr
By
Nathan Worcester
FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
5hr
By
Kimberly Hayek
Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
6hr
By
Travis Gillmore
124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
7hr
By
Arthur Zhang
Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
7hr
By
Epoch Video
The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
7hr
By
Sheramy Tsai
Senate Panel Advances Bill to Make Hospitals Compete on Price
8hr
By
Lawrence Wilson
House Adopts Budget Blueprint for $95 Billion Reconciliation Package
9hr
By
Jackson Richman
House Passes Congressional Stock Trading Ban
9hr
By
Jackson Richman
and
Nathan Worcester