US stock futures moved lower late Wednesday as investors grappled with rising oil prices following a second straight mostly down day on Wall Street. Futures tied to the Dow Jones Industrial Average (YM=F) dropped around 0.6%. Contracts linked to the...
BlackRock Inc. curbed withdrawals from one of its biggest private credit funds after client requests for redemptions spiked, the latest sign of investor anxiety about the $1.8 trillion private credit industry. The firm’s $26 billion HPS Corporate Lending Fund, one...
A weak jobs report for February quashed the notion that the labor market is stabilizing, but it likely won’t push the Federal Reserve to cut interest rates this month, given the oil price shock from the Iran war poses a...
Mortgage rates dipped into the 5% range for the first time since 2022 as Treasury yields continued to fall. The 30-year fixed mortgage rate fell three basis points for the week ending Wednesday to 5.98%. That’s the lowest level since...
Friday’s landmark Supreme Court ruling struck down President Trump’s blanket tariffs but left open a key question around whether companies that already paid the duties will be able to get refunds. The court’s majority opinion was silent on that top-of-mind...
Two new voting members on the Federal Reserve this year said Tuesday they would prefer to hold rates steady for now because of concerns about inflation. “I believe monetary policy is in a good place to stay on hold as...
Gold (GC=F) and silver (SI=F) appeared to steady on Monday following a dramatic crash and a reversal of a parabolic rally that stunned Wall Street. “The dam broke,” Tom Essaye, founder of Sevens Report Research, told Yahoo Finance on Monday....
Much-expected January payrolls, originally scheduled for Friday, are delayed because of the partial government shutdown. Strong growth and above-target inflation mean Capital Economics expects only one Fed rate cut of 25 basis points this year. The Wall Street Journal
...The Federal Reserve is widely expected to hold interest rates steady at its policy meeting this week, following three successive cuts at the end of 2025. So all eyes will be on how long officials signal they plan to hold...
President Donald Trump indicated he’s comfortable with the dollar’s recent decline, helping send the currency to its lowest level since early 2022. “No, I think it’s great,” Trump told reporters in Iowa on Tuesday when asked if he was worried...
The U.S. Federal Reserve will hold its key interest rate through this quarter and possibly until Chair Jerome Powell’s tenure ends in May, according to a majority of economists polled by Reuters, a shift from last month when most expected...
You just don’t see a lot of drama in the Federal Reserve. In normal times, that is. But 2025 wasn’t normal. That is: normal in the way that, say, 2023 and 2024 were normal. In 2025, Donald Trump started a...
The Conference Board’s consumer confidence reading hit 89.1 in December, declining for the fifth consecutive month. Consumers are ending the year on a dour note. The Conference Board’s reading for consumer confidence ticked 3.8 points lower in December to reach...
It was a tough year to be looking for work — and the job market is not expected to get much better. Americans looking for work in 2025 have faced a challenging environment. And 2026 may not be much better....
US stocks fell on Monday as Wall Street awaited the Federal Reserve’s final policy meeting of the year, while the deal drama between Netflix (NFLX) and Warner Bros. Discovery (WBD) escalated to a new level. The Dow Jones Industrial Average...
