For the second time in four months, a federal government shutdown has resulted in the cessation of critical economic data. The Bureau of Labor Statistics has postponed the release of the January jobs report and other significant labor market data Read More …
The major U.S. index futures indicate a lower opening on Monday, suggesting that stocks are poised to decline after the mixed performance observed in the previous week. A notable decrease by shares of Nvidia may weigh on the markets, as Read More …
In June 2008, inflation was elevated — significantly exceeding the Federal Reserve’s 2% target — amid a sharp increase in oil prices. However, an additional issue arose: a subprime housing crisis driven by toxic mortgage assets. The crisis was of Read More …
President Donald Trump has initiated legal action against the US Internal Revenue Service and the Treasury Department, seeking a minimum of $10 billion in damages. He alleges that the agency improperly disclosed his tax returns during his initial term in Read More …
President Donald Trump announced on Friday his nomination of Kevin Warsh to succeed Jerome Powell as the 17th chair of the Federal Reserve, following the conclusion of Powell’s term in May. “I am pleased to announce that I am nominating Read More …
President Donald Trump is set to reveal his selection for the next chair of the Federal Reserve on Friday morning. Among the finalists is an individual who fulfills numerous criteria: BlackRock executive Rick Rieder. The prominent investor commands the respect Read More …
The major U.S. index futures are showing a slight increase, suggesting that stocks may trend upward following a previous session that concluded with minimal movement. A favorable response to earnings news from Meta Platforms could result in initial strength on Read More …
The Federal Reserve on Wednesday opted to maintain interest rates at their current levels, as the central bank seeks to preserve its autonomy in setting monetary policy free from political pressures. Officials maintained their benchmark lending rate within a range Read More …
The major U.S. index futures are indicating a higher opening on Wednesday, suggesting that stocks may continue the upward trajectory observed in the preceding two sessions. Semiconductor stocks are likely to maintain their upward trajectory, having delivered some of the Read More …
The major U.S. index futures indicate a higher opening, suggesting that stocks may experience additional gains following the robust performance observed in the prior session. Tech stocks could potentially spearhead an early rally on market, as indicated by the 0.6 Read More …