Topline Federal Reserve Chairman Jerome Powell confirmed in testimony before Congress on Wednesday that the central bank would begin raising interest rates in two weeks amid growing urgency to combat ...
Tag: fed interest rates
Economic Fallout From Russia’s Invasion Will Be ‘Modest’—But Inflation Will Surge Higher, This Expert Predicts
Topline While Russia’s invasion of Ukraine is taking a “massive” human toll, the global economic fallout is likely to remain “modest,” according to a recent note from Moody’s Analytics chief economist...
Dow Falls 400 Points As Investors Weigh Latest Sanctions On Russia
Topline Stocks fell on Monday, with the Dow dropping roughly 400 points, as a fresh round of Western sanctions slammed Russia’s financial markets, though the market’s losses were tempered by reports t...
Dow Jumps 800 Points After Russia Says It’s Open To Talks With Ukraine
Topline The stock market jumped on Friday, with the Dow surging roughly 800 points—on track for its best day so far in 2022—amid reports that Russia is open to negotiating with Ukraine, even as Russia...
Dow Drops 700 Points, Nasdaq Falls Into Bear Market After Russia Invades Ukraine
Topline The stock market plunged on Thursday, with all three major indexes opening more than 2% lower after Russian troops invaded Ukraine, a move which caused oil prices to rise to over $100 per barr...
S&P 500 Falls Deeper Into Correction Territory As Ukraine Declares State Of Emergency
Topline The stock market plunged again on Wednesday—with the S&P 500 falling deeper into correction territory—after the Pentagon warned a full-scale Russian invasion of Ukraine could happen immine...
The Federal Reserve’s ‘War On Inflation’ Is More Important For Stocks Than The Russia-Ukraine Conflict
Topline While worries over a Russian invasion of Ukraine, which Western officials say has “already begun,” drag stocks lower in the short-term, markets face a bigger problem on the horizon with the Fe...
Stocks Plunge, Oil Prices Surge After Putin Orders Troops Into Eastern Ukraine
Topline The stock market was down in volatile trading on Tuesday after Russian President Vladimir Putin ordered troops into two breakaway regions in eastern Ukraine, a move that was met with a new rou...
Recession Risks Are ‘Rising’ As Federal Reserve Scrambles To Fight Inflation, Experts Say
Topline With the Federal Reserve set to aggressively raise interest rates and tighten monetary policy as it scrambles to confront decades-high inflation, Wall Street experts are now warning that doing...
Stock Market Losses Grow As Russia-Ukraine Tensions Reach A ‘Crucial Moment’
Topline Markets plunged yet again on Thursday as top federal officials warned that tensions between Russia and Ukraine had reached a “crucial moment” with an invasion likely “imminent,” leading nervou...
Billionaire Investor Charlie Munger Calls Crypto A ‘Disease’ And Praises China For Banning It
Topline Famed investor Charlie Munger, vice chairman at Berkshire Hathaway and longtime business partner of Warren Buffett, shared his investing thoughts at an annual address on Wednesday, in which he...
Dow Plunges Over 400 Points, Oil Prices Surge Amid Fears That Russia Will Soon Invade Ukraine
Topline Markets plunged Friday after the White House said Russia could invade Ukraine “any day now,” including during this month’s Winter Olympics, a prospect which led panicked investors to dump stoc...
Two Senior Federal Reserve Staffers Made Trades Amid Central Bank’s 2020 Stimulus
Topline Two senior Federal Reserve staffers reported a series of financial trades as the central bank was putting in place historic levels of stimulus to prop up the economy at the onset of the Covid-...
Dow Plunges 500 Points As ‘Market Anxiety’ Returns After Latest Inflation Surge
Topline The stock market plunged on Thursday after a worse-than-expected inflation reading—with consumer prices spiking 7.5% in January—raised investor concerns that the Federal Reserve could tighten ...
‘Market Anxiety’ Returns After Latest Inflation Surge, 10-Year Treasury Jumps Above 2%
Topline The stock market fell in volatile trading on Thursday after a worse than expected inflation reading—with consumer prices spiking 7.5% in January—raised investor concerns that the Federal Reser...
Stocks Jump After U.S. Economy Adds Back 467,000 Jobs In January
Topline The stock market jumped on Friday while bond yields surged after the U.S. economy added back a much higher-than-expected 467,000 new jobs in January, a sign to investors that the Federal Reser...
Stocks Fall, Bond Yields Surge After U.S. Economy Adds Back 467,000 Jobs In January
Topline The stock market fell on Friday while bond yields surged after the U.S. economy added back a much higher-than-expected 467,000 new jobs in January, a sign to investors that the Federal Reserve...
Here Are The Biggest Losing Stocks In The Market’s Worst Month Since March 2020
Topline The stock market is having one of the worst starts to a year ever—with big names like Moderna and Netflix leading declines—as many of the pandemic-era’s top stocks continue to fall out of favo...