The S&P 500 and the Nasdaq Composite index suffered their worst weekly performance since June as investors remain concerned that the Federal Reserve will have to continue with its aggressive monet...
Tag: Fed
Stock Traders Face Off Against Hawkish Fed at Worst Time of Year
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg After a week to forget on Wall Street, the road gets even ...
Goldman Sachs Faces Fed Scrutiny of Money-Losing Marcus Consumer Unit
(Bloomberg) — Goldman Sachs Group Inc.’s six-year foray into consumer banking — the unit dubbed Marcus — is the focus of a new review at the Federal Reserve. Most Read from Bloomberg...
Fed Tilts Toward Third 75 Basis-Point Hike on Stubborn Inflation
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Federal Reserve officials are on track to raise interest r...
Put Away the Smelling Salts, the Fed Doesn’t Threaten Washington’s ‘Solvency’
Russia presently has total government debt of $190 billion. The U.S. can claim total debt somewhere north of $30 trillion. Are the Russians “Classical” in economic thought relative to the Keynesianism...
The Economy Is Slowing Down. What It Means for the Fed.
Fed Chair Jerome Powell has warned that the central bank’s tighter monetary policy will be painful. The latest data confirm he’s right. Ting Shen/Bloomberg Text size For Jerome Powell’s Fe...
Fed Leads 500-Basis Point Global Assault on Inflation: Eco Week
(Bloomberg) — The US Federal Reserve and a number of its global counterparts will launch a rapid-fire attack on inflation in the coming week as their commitment to bringing consumer prices under...
Robert Kiyosaki Warns Fed Rate Hikes Will Destroy US Economy — Says Invest in ‘Real Money’ Naming Bitcoin – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the Federal Reserve will destroy the U.S. economy with interest rate hikes. He advises people to invest in “real mon...
Pundit Predicts Strong Recovery For Bitcoin As The Fed Pumps Brakes On The Dollar ⋆ ZyCrypto
Advertisement     After plummeting for nearly a year, Bitcoin could soon find a bottom as the Fed turns its attention to suppressing the dollar’s ascent. Speaking to S...
Stock Market Closes Lower After FedEx Issues Warning; All Eyes On Next Week’s Fed Rate Hike
The stock market closed lower Friday after FedEx (FDX) issued a warning about its earnings and the economy. The tech-heavy Nasdaq composite led the downside. FedEx’s 21% decline and energy stock...
S&P 500 Dividend Standout Leads 5 Resilient Stocks Near Buy Points As Fed Looms
S&P 500 dividend standout Devon Energy (DVN) and top cybersecurity play Palo Alto Networks (PANW) lead this weekend’s watch list of 5 stocks holding near buy points, despite a dicey time for...
Can the Fed tame inflation without crushing the stock market? What investors need to know.
The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and v...
September Fed Meeting Expected To Deliver 75bps Hike
WASHINGTON, DC – JANUARY 29: The Fed will meet to set interest rates, announcing its decision on … [+] September 21, the markets currently expect a 75bps hike (Photo by Samuel Corum/Getty ...
Dow Jones Futures: Fed Meeting Due As Market Dives On This Reality; Five Stocks Holding Up
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures, with the Federal Reserve meeting in focus. X The stock market suffered damaging losses in the past wee...
How Long Will The Fed Hold Back Crypto Prices?
The crypto prices are in a major rut and a bear market ensues. Bitcoin fell below the $20,000 mark and is currently trading at $19,848. BTC prices have gone down by 5% in the last 7 days. A successful...
How Powell and the Fed may react to FedEx warning
CNBC’s Jim Cramer on Friday said that FedEx‘s warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation effort than expected — meaning the cent...
FedEx Warns On Global Growth, But How Good Is Its Forecasting Track Record?
NEWARK, NJ – DECEMBER 16: FedEx has warned on economic growth, but past pronouncements haven’t … [+] always been as bad as feared. (Photo by Andrew Burton/Getty Images) Getty Images ...
Fed Seen Raising to 4% in 2022 And Signaling Higher for Longer
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Federal Reserve officials will signal a more hawkish stanc...
‘Devastating Recession’— $1.5 Trillion Wipeout In Stock Market Can Be Just The Beginning As S&P 500, Nasdaq, And Dow Nosedive
Stock market AFP via Getty Images What’s up with the neck-breaking roller coaster in stocks? Last Tuesday, stocks broke a month-long bearish streak and launched into a rebound. Over a week, the S&...
Gold Plunges to Lowest in Two Years Amid Fed Rate-Hike Bets
(Bloomberg) — Gold fell to the lowest since April 2020 amid expectations of more aggressive interest-rate hikes by the Federal Reserve despite a fresh round of mixed US data. Most Read from Bloo...
Here’s What Happens To Stocks When The Fed Raises Rates By 100 Basis Points
Federal Reserve Chair Jerome Powell Brendan Smialowski/Pool via ASSOCIATED PRESS Stocks have continued to struggle for direction since a hotter-than-expected inflation report earlier this week dragged...
Ethereum reached this interesting milestone before Fed meeting
As the Federal Open Markets Committee (FOMC) meeting concluded a brutal Consumer Price Index (CPI) report, the crypto markets responded in a similar fashion. The top-ranked altcoin, Ethereum [ETH] sho...
Investors Face 2 Serious Headwinds As Stocks And Bonds Perform Poorly In 2022
Tired or stressed businessman sitting on the walkway in panic digital stock market financial … [+] background getty Sometimes stocks do well, and bonds underperform. Some years bonds do well, an...
The Fed Wants to Pave the Way for Crypto
The Fed has done a sudden reversal of the mind and is calling for Wall Street to put systems in place that will allow banks and other standard financial institutions to better deal with the growing cr...
Why Is The S&P 500 Down So Much?
SOPA Images/LightRocket via Getty Images Key takeaways The S&P 500 suffered its worst day since June 2020 on Tuesday, slumping 4.32%, along with the Dow Jones which fell 3.94% and the Nasdaq Compo...
Next Fed rate hike to spark dangerous game in economy: Peter Boockvar
The market’s violent reaction to hotter-than-expected inflation may usher in more losses. Investor Peter Boockvar believes Wall Street is coming to grips with a painful reality: Inflation isn...
Recession odds turn to ‘very high’ as sticky inflation persists, says former Fed Vice Chairman
With Consumer Price Index (CPI) numbers exceeding expectations, inflationary concerns and speculation of a recession are prevalent. The broader markets and their respective indices suffered large loss...
Dow Jones Futures: Stocks Dive On Call For Biggest Fed Rate Hike In 40 Years; Apple, Tesla Tumble
Dow Jones futures tilted higher overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally plunged Tuesday on a hotter-than-expected inflation report, with the major indexes ...
The biggest Fed rate hike in 40 years? It could be coming next week.
Desperate times call for desperate measures, and times are, arguably, increasingly desperate. The persistence of high inflation might force the Federal Reserve to resort to the biggest increase in a k...