Bond investors are demanding higher yields, essentially raising the cost of borrowing no matter what the Fed decides to do in September.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Wealth managers are looking beyond fixed income products into private markets and exchange-traded funds.
The CME FedWatch Tool shows the market is pricing in a 60% chance the Federal Reserve holds interest rates steady in September.
Many COVID real estate hot spots, such as Austin and Boise, have watched their housing markets flatten or reverse in the years since.
SGOV from iShares may become the first ETF in its class to reach $100 billion in assets.
Consumer prices jumped 3.5% in June. That’s higher than the Fed’s preferred 2% inflation rate, but lower than the 4.2% May rate.
Wealth managers are keeping an optimistic, but realistic, outlook for the second half of the year.
Labor-intensive services such as gardening, home healthcare and day care and preschool were all significant drivers of inflation.
After a dry spell amid high interest rates and inflation uncertainty Q1 saw 35 IPOs raise $9.9 billion, according to Renaissance Capital.
Prices for the fruits soared nearly 40% in April from a year ago, according to the latest figures from the Bureau of Labor Statistics.
During his confirmation hearing last week, Warsh hinted at an out-with-the-old-in-with-the-new approach to monetary policy.
The Roundhill Magnificent Seven ETF, which tracks Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla, has slid roughly 11% this year.
Just 28% of workers say it’s a good time to find a quality job, down from 70% in mid-2022, according to data from Gallup.
Hiring in January was not just slower than expected, according to ADP. It was way, way, way slower than expected.
2026 presents a catch-22 for the Fed. It normally cuts rates to buoy hiring, which tightened last year, but that could drive up inflation.
The downturn comes at an interesting time: There are now 47% more sellers than buyers on the market, according to RedFin.