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"The Fed still has clear inflationary pressures to battle against," warns one economist. → Read More
"The nature of this particular dive feels different than was the case in March," says one analyst who warns of the implications for the regional bank sector → Read More
The "extreme concentration" in stocks right now supports a "bearish outcome for the market," JPMorgan is warning. → Read More
There are "nascent signs of trouble brewing" in the world of consumer credit card debt, one analyst cautions. → Read More
"The stakes are so high," says one economist of the sudden bank-spurred plunge ahead of a key jobs report. → Read More
U.S. employers are slashing jobs at the fastest pace since the Great Recession despite strong growth in the overall labor market. → Read More
After his comments fueled one of the year's biggest stock market plunges, Powell is set to testify before lawmakers again on Wednesday. → Read More
The recent bounce in housing activity is likely a "mirage," says one economist. → Read More
Consumers are already making a large dent in savings and seeing a "concerning rise" in delinquencies, but inflation is barely budging. → Read More
After two bouts of worse-than-expected inflation data this week, investors are fearing the Fed could be forced to raise rates several times this year. → Read More
"AI is the most profound technology we are working on today," Alphabet's CEO said as he announced the new chatbot this week. → Read More
"AI is the most profound technology we are working on today," Alphabet's CEO said as he announced the new chatbot this week. → Read More
Despite waves of layoffs hitting some of the nation’s largest employers, the labor market overall is still faring much better than expected. → Read More
In an announcement, Fed officials acknowledged inflation has "eased somewhat,” but cautioned it remains “elevated," and that additional rate increases "will be appropriate" in order to further ease rising prices. → Read More
After Silicon Valley’s years-long spending spree, tech firms are starting to cut back, and investors are rallying around the grim news. → Read More
After Silicon Valley’s years-long spending spree, tech firms are starting to cut back, and investors are rallying around the grim news. → Read More
“Everything is on the table,” John J. Ray III, the veteran bankruptcy attorney leading the embattled crypto firm through its restructuring, said in a WSJ interview Thursday. → Read More
"Failure to meet the government's obligations would cause irreparable harm to the U.S. economy," Yellen wrote in a Friday letter to lawmakers. → Read More
On a monthly basis, consumer prices last month fell for the first time since April 2020—but inflation is still skyrocketing for some key goods and services. → Read More
"New and used car prices likely will decline through most of 2023," says one economist. → Read More