Scenes from the April jobs report: The Fed just can’t kill the jobs beast
– by a New Deal Democrat Record job growth in April defies the Fed’s efforts There is no economic news this morning, so let’s take a closer look at some…
Bitcoin is going up
Including cryptocurrency prices Bitcoin drifted a bit higher the saturday before eventful macro week for markets. Long-awaited inflation data and a likely rate hike from the Federal Reserve will be…
Put Your Money to Work: 3 Strategies for Making the Most of High Income
Cash has been a safe haven in this volatile year as stocks, bonds and cryptocurrencies tumbled — especially as savers can now earn some of the highest returns in more…
Dow loses 400 points as strong data reinforces fears Fed will need to be more aggressive
U.S. stocks fell on Monday after a hotter-than-expected reading for the U.S. services sector added to concerns that the Federal Reserve may need to be even more aggressive in its…
China Stocks Rally Covid, Powell; Dollar Slides: An Overview of the Markets
(Bloomberg) — Stocks extended gains in Asia after China appeared to soften its stance on Covid and Federal Reserve Chairman Jerome Powell signaled a slowdown in the pace of interest…
Stocks rally, Dow rises over 550 points in final hour after Powell signals smaller rate hikes ahead
US stocks rose in the final hour of trading on Wednesday after Federal Reserve Chairman Powell said the pace of interest rate hikes by the central bank could slow as…
Jerome Powell will offer a new mantra: Slow and steady
Federal Reserve Chairman Jerome Powell will have an opportunity on Wednesday to lay the groundwork for where the central bank is headed when policymakers meet next month — and he’s…
US stocks have worst day in nearly three weeks as Fed talks hawkish, China worries rattle markets
U.S. stocks suffered their worst day in nearly three weeks on Monday as protests in China raised risks to global growth and Federal Reserve officials said more interest rate hikes…
US stocks rise as traders process economic data, await Fed minutes
U.S. stock indexes rose on Wednesday as investors digested a package of economic data and awaited the final minutes of the Federal Open Market Committee meeting. How are stock indices…
The PC boom has busted and we’re about to see the results before Black Friday
Fueled by the pandemic the personal computer boom is overso how will this affect demand and prices for computers and the retailers that sell them this holiday season? A sense…