Fed’s Harker calls for ‘action on inflation,’ sees 3 or 4 rate hikes likely this year
Philadelphia Fed President Patrick Harker said Thursday he foresees three or four interest rate hikes this year as likely to …
Market & Economy
Inflation-fighting rate hikes could increase rich-poor divide
Central banks’ interest rate hikes aimed at combating inflation could exacerbate a deepening, “dangerous divergence” between advanced and […] Read …
GDP numbers show economy back at pre-COVID size but deep pain in lower rungs
The first advance estimates of GDP, always announced three weeks before the Budget, are an important first step in the …
Top 5 Things to Watch in Markets in the Week Ahead
The coming week will bring closely followed inflation figures, while Federal Reserve Chair Jerome Powell and Vice Chair Lael Brainard …
A Stanford Economist Who Studies Remote Work Says Half of All Workers Will Make This Big Change In 2022
Economists who study remote work and productivity used to have a big problem: finding groups of workers to study . …
Happy new year? Five economic flashpoints to beware in 2022
After the turmoil of the past two years, the consensus among economic pundits is that 2022 will be calmer. But …
Stocks may be entering an optimal period in the Thanksgiving holiday week
If history is a guide, the market should do well in the upcoming Thanksgiving holiday week. The S&P 500 was …
Week Ahead: Retail Data, Sector Earnings In Focus; Dollar, Gold Rising In Unison
After consumer spending plunged, retail sales will be monitored to determine inflationary impacts Stocks and Treasuries sell-off together, gold and …
Dow Jones Futures: Market Rally Hits High On Fed Decision, But This Risk Returns
Dow Jones futures were little changed late Wednesday, while S&P 500 futures and Nasdaq futures rose slightly. The stock market …
Tech Disappoints, US Growth Slows, Inflation Concerns
Monday kicked off on a cautious as a fresh Covid-19 outbreak in China fuelled worries over slowing growth in the …
Fed’s Powell says ‘premature’ to up rates despite inflation risk
Federal Reserve Chair Jerome Powell has said the US central bank is ready to act to restrain inflation, if necessary. …
Hyperinflation is an impending threat to the US economy
Jack Dorsey onstage at a bitcoin convention on June 4, 2021 in Miami, Florida. Joe Raedle/Getty Images Twitter CEO Jack …
Top Wall Street analysts are standing by these stocks amid market volatility
In this article Shannon Stapleton | Reuters Rising oil prices, the prospect of the Federal Reserve dialing back its easy-money …
