The September Producer Price Index (PPI) reading showed wholesale prices rose 0.3% for the month, in line with expectations. Stripping out the more volatile food and energy prices, the index rose less than expected. The report’s release was delayed by...
Retail sales data and earnings releases are giving us new insights into the American consumer. Raymond James chief investment officer Larry Adam says the data is pointing to a “weaker consumer.” He, along with Yahoo Finance Senior Reporters Jennifer Schonberger...
National Association of Home Builders (NAHB) CEO Jim Tobin joins Market Catalysts to take a closer look at the dynamics impacting the housing market and homebuilder confidence. Julie Hyman | Yahoo Finance
...US stocks retreated on Tuesday as worries about an AI bubble and the broader US economy continued to set markets on edge, with a pivotal Nvidia (NVDA) earnings report and shutdown-delayed jobs data on the horizon. The Dow Jones Industrial...
President Trump signed legislation Wednesday evening to end the federal shutdown after a record-long 43-day stoppage. Government employees began resuming work Thursday, though a full recovery from the stoppage is expected to take some time. “The federal government will now...
Boston Fed president Susan Collins said Wednesday that while she supported cutting interest rates at the last policy meeting, the bar for cutting rates further is “relatively high” and she sees holding rates at current levels for “some time.” “It...
Federal Reserve liquidity facilities caught fire on Friday as month-end pressures pushed a key lending tool to a record level of usage. The Fed’s Standing Repo Facility lent a total of $50.35 billion on Friday to eligible financial firms in...
A new TransUnion report finds more Americans are shifting to either extreme of the credit risk spectrum: Super prime and subprime. Looking for more evidence of a topsy-turvy, “K-shaped” economy? Check out what’s happening to credit scores. A report from...
The landscape of top artificial intelligence stocks continues to evolve. Amid worries over an AI bubble, investors need to be picky when looking at semiconductor, software and other plays. Among AI stocks in the spotlight are Oracle (ORCL), Nvidia (NVDA),...
Mortgage rates have been fluctuating over the past month, but all the changes have been small. This week, interest rates have finally made a more noticeable dip. According to Freddie Mac, the 30-year fixed mortgage rate dropped by eight basis...
A stablecoin is a cryptocurrency designed to maintain a consistent price relative to another asset, usually the U.S. dollar. Said another way, a perfectly effective stablecoin pegged to the dollar will always be worth $1. This behavior differs dramatically from...
It’s not too late. More than half of Americans age 50 and older worry that they won’t have enough money in retirement, and nearly as many wish they’d started saving earlier. Unfortunately, you can’t turn back the clock — but...
The median net worth of the top 1% is about 67 times higher than that of the typical American. “The 1%” is a common phrase used to describe the wealthiest Americans. But what does that mean exactly? And what does...
A Monday meeting in the Oval Office doesn’t appear to have lessened the chances of a partial government shutdown, with commentary from both sides into Tuesday suggesting no deal is in the immediate offing. “We have very large differences,” Senate...
A government shutdown brings many of the nation’s federal functions to a halt while lawmakers hash out an agreement to provide funding for services like passport processing, disaster aid, and small business loans. But if you’re among the 68 million...
