We’ve all got it by now that President Donald Trump can’t fire Federal Reserve Jerome Powell. But the rest of the board? They’re fair game. And he knows it.
In New Orleans, Celebration Is Followed by Terror in the French Quarter The attack left 15 dead and about three dozen injured. The authorities described it as an act ...
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The Australian sharemarket surged in 2024, adding nearly $200bn to the value of the benchmark ASX 200 index, despite a retreat in December.
The S&P 500 (SP500) on Tuesday notched a whopping +23.3% advance for 2024, posting gains in nine out of twelve months. Read more here for a breakdown of its annual performance.
As the chart shows, the AI-fueled Magnificent Seven stocks—Nvidia, Microsoft, Meta, Amazon, Apple, Alphabet and Tesla—this year vastly outperformed the benchmark S&P 500 as well as the tech-heavy Nasdaq Composite.
"It's not just the Fed, but Donald Trump's trade and fiscal posture have also scared investors away from extending duration," David Rosenberg wrote.
Heading into a new year with a new administration, policymakers project fewer cuts and somewhat more stubborn inflation.
Foreign-exchange veteran Karthik Sankaran says he’s worried about a “trifecta of bad things” that could drive investors out of the U.S.
Increases in Delaware, Illinois and Rhode Island will bring those states' minimums to $15 an hour, meaning 10 states and Washington, D.C., will now have $15 or higher minimum wage.
Treasury yields have soared as bond market vigilantes fear "reckless" fiscal and monetary policies under Donald Trump and Fed chief Powell, according to market strategist Ed Yardeni.
Trump's plan for tariffs, tax cuts, reduced regulation and a crackdown on immigration could lead to inflation rising by 2.7% by the end of 2025, JPMorgan hedged, with the fed fund rate rising back to 3.75 to 4% as a result.