Jerome Powell

Finance

Do McKinsey Layoffs Signal Trouble for Consulting Industry?

Photo via Davide Bonaldo/ZUMAPRESS/Newscom

Fellow professional services firms such as Deloitte, Ernst & Young, and KPMG have already undergone significant layoffs.

1 min read

Photo by Jeremy Edwards via iStock

Advisor Upside

What Do Advisors Think of a White House-Aligned Fed Chair?

Wealth managers have reservations on whether the next chair will remain independent of political influence.

2 min read
Photo via BONNIE CASH/UPI/Newscom

Indicators

Will Fed’s Latest Rate Cut Be Powell’s Last?

The latest reading of policymakers’ preferred inflation gauge is still coming in well above officials’ 2% target at 2.8%.

2 min read
Photo via BONNIE CASH/UPI/Newscom

Economics

Can the Fed Get Missing Economic Data in Time for Rate-Cut Decision?

While a stop-gap funding deal is in place, the government still has some work to do to fill in its backlog of missing economic data.

2 min read

Economics

Banking on a Fed Rate Cut Today, Investors Look for Hints of What’s Next

Photo via Annabelle Gordon/Sipa USA/Newscom

In September, Fed Chair Jerome Powell said that nine of the Fed’s 19 policymakers favored no more than one additional rate cut this year.

1 min read

Real Estate

Homebuilders Offer Best Incentives Since COVID

Photo via Eduardo Barraza/ZUMAPRESS/Newscom

A full 37% of homebuilders have slashed prices this month, down ever so slightly from a record 38% in July.

2 min read

Inflation & Prices

Just How Much Data Does the Fed Need to Cut Rates?

Photo via Aaron Schwartz/CNP/ Polaris/Newscom

Despite new data this week showing inflation has cooled, Powell and the Federal Reserve are still expected to hold off on rate cuts.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.