Topline The stock market jumped on Wednesday after the Federal Reserve raised interest rates by 75 basis points for the second consecutive month in a row, with Fed Chair Jerome Powell hinting that the...
Tag: Q2 GDP
Stocks Rally Ahead Of Fed Decision, Microsoft And Alphabet Rise After Earnings
Topline The stock market moved slightly higher on Wednesday morning thanks to a boost from Big Tech stocks like Microsoft and Alphabet, which both rallied despite missing earnings estimates, while inv...
U.S. Recession Already Six Months Old, Says Fed Model
NEW YORK, NEW YORK – JUNE 14: Traders work on the floor of the New York Stock Exchange (NYSE) on … [+] June 14, 2022 in New York City. The Dow was up in morning trading following a drop on...
The Economy May Be Slowing, But Recession Fears Are ‘Overblown’ These Experts Argue
Topline Despite the stock market taking a hit in recent months from growing recession fears, some experts still remain cautiously optimistic about the economy’s prospects, predicting that a downturn c...