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...
Data for Thanksgiving weekend shows consumers shopped at encouraging levels, but underlying details about spending patterns suggest this may not have been the economic boon the administration believes. According to Adobe Analytics, U.S. consumers spent $6.4 billion on Thanksgiving Day...
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...
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...
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 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...
The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures (PCE) price index was up 2.7% in August from a year earlier, a tick higher from...
Is Jerome Powell a lame-duck as chair of the Federal Reserve? The central bank’s meeting this week could give us the answer as he tries to steer a divided monetary-policy committee. Barron’s
...Mortgage rates edged toward a new yearly low in the wake of weak job market data and ahead of a key Fed meeting. The average rate for a 30-year fixed mortgage was 6.35% in the week through Wednesday, according to...
The U.S. dollar fell against the yen on Tuesday after the government estimated the world’s largest economy created nearly a million fewer jobs from April 2024 to March 2025, suggesting a far weaker labor market than what initial numbers showed...
