Nick Rummell, Courthouse News

Nick Rummell

Courthouse News

New Jersey, United States

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Past articles by Nick:

As markets stability endures, sticky inflation frustrates investors anew

Inflation continues to stupefy investors, who are now beginning to fear the Federal Reserve may return to higher interest rate hikes, though markets themselves haven’t tumbled yet. → Read More

Massive jobs report stymies markets, treading water now on Fed fears

The Federal Reserve began its reduction in interest rate hikes this week, but a surprising jobs report has Wall Street worried the central bank isn’t done yet. → Read More

First stumble of 2023 invites review of recessionary data

After two weeks of positive gains to kick off January, markets suffered their first real loss of the new year as more companies announce layoffs. → Read More

Troubled by job data, markets kick off 2023 with mild gains

Investors were disappointed early in the week as ADP’s jobs report showed higher-than-expected gains, which indicates the Federal Reserve will continue to hike interest rates. → Read More

Should auld Fed chairmen be forgot? Investors carry recession fears into new year

Failing to build on the rally of 2021, Wall Street gave up most of last year’s gains as persistent inflation crashed against the fears of a Fed-driven recession. → Read More

Wall Street falters in bid to put September in the rear view

With sizeable gains on Monday and Tuesday, markets looked primed to claw back most of the losses in recent weeks. But after a cooling jobs report that promises higher interest rates next month, equities slid back down. → Read More

Markets crap out again to close out horrific September and quarter

Driven by inflation and the Federal Reserve’s response to it, bears are multiplying while the bulls die out. → Read More

Federal Reserve freaks out markets as Wall Street tests new lows

It shouldn’t have been a surprise, given the central bank’s plans have been written large on the proverbial wall, but investors still fled equities after this latest rate hike as worries about the Fed’s approach are increasing. → Read More

Second Circuit primed to, once again, decertify class action against Goldman Sachs

Hoping that the third time's the charm, pensions and other investors suing Goldman Sachs argued before the Second Circuit for the third time in 12 years in order to get their claims of securities fraud certified. → Read More

Wall Street suffers one of its worst weeks in years as recession worries loom

Inflation is not cooling as quickly as hoped, while growth is slowing, leading many investors to take on a bearish gait heading into next week when the Federal Reserve is expected to hike interest rates again. → Read More

Wall Street suffers worst day of 2022 as inflation defies forecasts

Inflation didn't recede in August as economists had predicted, it kept going up, which spurred Wall Street's worst day since the year began. → Read More

Markets falter, then recover, then falter again with slowing jobs data

Investors are unmoved by another positive jobs report, capping 20 months of significant job gains, as Wall Street losses from August bleed over into September. → Read More

After four weeks of gains, market pulls back slightly

Investors have had a good run for the past several months, particularly in the last four weeks, but that good run has come to a whimpering end. → Read More

Booming jobs data doesn’t lift Wall Street, which remains worried about Fed

Equity markets mostly stayed put this week despite a blockbuster jobs report. The reason, many experts believe, is that Wall Street still fears a hawkish Federal Reserve. → Read More

Markets race past dropping GDP and higher inflation

By some accounts, the U.S. economy is officially in a recession, though investors largely discounted that analysis and have rallied to end the week on a positive note. → Read More

Awaiting key earnings and next Fed rate hike, Wall Street continues win streak

Even though markets pulled out another winning week, recession and inflation worries are still nipping at investors’ heels. → Read More

Markets coast with small dip in face of red-hot inflation

Despite another booming inflation report this week, Wall Street managed to rally and end Friday with only slight losses. → Read More

Markets creep forward after jobs report assuages recession concerns

Wall Street digested another positive jobs report without related gains, as the good news for employment likely means the Federal Reserve will remain aggressive on interest rates. → Read More

FIFA official charged in bribery scheme changes plea to guilty

The Salvadoran soccer official had denied culpability months earlier in connection to the massive FIFA scandal. → Read More

Wall Street recovers in face of midweek selloff, shadow of virus

Many investors bought back into markets after bad retail numbers caused a violent reaction on Wall Street with trading volume down due to August vacations. → Read More