News

Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock
At the same time, the Bureau of Labor Statistics this week reported that both producer and consumer prices increased just 0.1 ...
Fed to release 2025 bank stress test results on June 27
The Federal Reserve announced on Friday that it would publish the 2025 results of its annual big bank stress tests on June 27 ...
The Fed’s ‘Mission Impossible’ is now ‘Mission Accomplished’
In a big moment for the US Federal Reserve, pandemic inflation has been brought under control. While the Fed’s mandate of ...
Israel’s attacks on Iran may keep Fed rate cuts on hold, just as inflation was looking better
Treasury yield jumped 6.9 basis points on Friday to $4.426, reversing a dip in the immediate aftermath of the attacks.
US equities fall to session lows as Iran retaliates
The S&P 500’s rebound from an opening drop proved fleeting as investors rushed to sell as the conflict between Israel and ...
Middle East conflict threatens to exacerbate inflationary pressure on some things
If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and ...
Consumer sentiment rises for 1st time this year as inflation remains tame
WASHINGTON (AP) — Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ ...
Oil prices surge while global shares retreat after Israel’s strike on Iran
FRANKFURT, Germany (AP) — Oil surged, stocks fell and investors sought safety in the U.S. dollar and government bonds Friday after Israel struck Iranian nuclear and military targets in an attack that ...