Fed to Hold Interest Rates Steady But Start Considering Cuts
The U.S. Federal Reserve yesterday completed its two-day policy meeting and will likely hold interest rates steady for a fourth straight meeting but avoid signaling an imminent interest-rate cut.
Inflation Hotter Than Expected In December—But Core Inflation Falls To 2.5-Year Low
U.S. inflation moderated less than expected last month.
What to Know about Investing in Hydrogen
Hydrogen is an energy source that emits no greenhouse gases when burned.
Yellen Says U.S. Economy is in ‘Soft Landing’
Treasury Secretary Janet Yellen said Friday the U.S. economy is achieving a “soft landing” as inflation continues to ease without showing signs of a significant economic downturn.
U.S. Corporate Bankruptcy Filings Hit the Highest since 2020. More Likely on the Horizon
Investors appear convinced that major Western central banks are close to a much awaited pivot, from raising interest rates to cutting them.
Fed’s Favorite Inflation Gauge Shows Prices Rose at 3.2 Percent Annual Rate in November, Less than Expected
The U.S. core personal consumption expenditures price index, PCE, rose just 0.1% in November and was up 3.2% from a year ago, both close to expectations.
Almost Half of Warren Buffett-led Berkshire Hathaway's $365 Billion Portfolio Is Invested in Only 1 Stock
Scouring Berkshire's equities portfolio for potential investments might be a smart idea for the average investor.
Memecoin Industry Has Exploded, Reaching Marketcap of $23.8 Billion
Memecoins have surged over the past month, adding $6.7 billion, or more than 39%, since November 8.
Brazil Set to Join the Influential OPEC+ Oil Producers' Alliance
According to Brazilian Energy Minister Alexandre Silveira, Brazil will join the influential OPEC+ oil coalition that unites some of the biggest crude-producing nations in the world.
An Imperfect World: Morgan Stanley’s 2024 Investment Outlook and Ideas
Morgan Stanley’s recommended portfolio construction has a lower risk profile than our cross-asset benchmark, largely due to strategists’ recommendations for lower-than-average allocations in commodities and emerging-market stocks.
Goldman Sachs' 2024 Equity Outlook: Winning Stocks to Watch
Goldman Sachs projected a bullish scenario for stocks in 2024, with the S&P 500 expected to hit 4,700, signifying a 12-month price gain of 5% and a total return of 6%, inclusive of dividends.
U.S. Debt in Danger of Downgrade by Moody’s as Shutdown Looms
Moody’s Investors Service on Friday put the U.S. government’s pristine credit rating on a negative outlook, raising the possibility of another downgrade of American debt.
Block’s Q3 Earnings Show $2.42 Billion Bitcoin Revenue, Marking 37 Percent Annual Growth
Block Inc. (SQ, formerly Square) reported an increase in Q3 earnings of 55 cents per share, beating the Zacks consensus estimate of 44 cents, with total net revenue climbing to $5.62 billion, marking a 24% YoY growth.
The Federal Reserve May Not Hike Interest Rates This Week, but Consumers Unlikely to Feel Any Relief
The U.S. Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting next week, even though the central bank's preferred inflation indicator remains well above the 2% target rate.