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This Is a Big Key to a Healthy Jobs Market, Fed’s Kashkari Says
If the U.S. wants to achieve the highest level of employment the economy can sustain, Minneapolis Federal Reserve Bank President Neel Kashkari says early childhood education is essential. Speaking at…
Will Strong Q4 Performance Recur? Analysts Eye Cyclical Stocks
With five trading days left in September, this year might defy the September curse. As of last Friday’s close, all three major indexes posted monthly gains. The $S&P 500 Index…
Microsoft Stock Gets a Rare Downgrade. AI Competition Is Heating Up
$Microsoft (MSFT.US)$ stock has rallied because the company has been seen as having a lead in artificial intelligence, but an analyst at D.A. Davidson said it should no longer trade…
Fed’s Goolsbee Wants More Rate Cuts. The Economy Could Nail a Soft Landing
Interest rates need to keep coming down for the economy to nail a soft landing, Chicago Fed President Austan Goolsbee told state treasurers on Monday. Inflation has come down significantly,…
Fed Rate Cut Fuels Market Rally Amidst Valuation Fears
Wall Street is rejoicing as the Federal Reserve’s half-point rate cut triggers a market rally, even amidst rising apprehensions about inflated valuations. What Happened: The Federal Reserve’s lenient approach has…
Trump Vs Harris: This Candidate Has The Edge In Latest Swing State Polls
With just over six weeks left until the presidential election, recent polling data reveals a neck-and-neck contest between Kamala Harris and Donald Trump. The data includes over 20 swing-state polls…
Electric Vehicles Are Suddenly the Best Deal in the Used-car Market as Sellers Confront Plummeting Prices
The average monthly payment on used electric vehicles, which are now cheaper than hybrids and gas-engine cars, is approaching affordable levels for middle-income households An interesting shift has happened in…
How Low Could Mortgage Rates Go Now That the Fed Has Finally Started Cutting? Economists Weigh In
Here’s what the Federal Reserve’s interest-rate cut means for mortgage rates The Federal Reserve announced Wednesday that it was cutting interest rates for the first time in four years. How…
Apple Rolls Out iPhone 16, Apple Watch Series 10, and AirPods 4 Globally
$Apple (AAPL.US)$ unveiled its highly anticipated iPhone 16, Apple Watch Series 10, and AirPods 4 on Friday, drawing crowds to stores worldwide. Apple shares were trading just over 1% higher…
With Meme Stocks in a Lull, Here’s Where Retail Investors May Turn Their Attention Next
The dynamics that fueled the meme-stock frenzy have not gone away, according to a new study Meme stocks were thrust into the spotlight once again this year as influential trader…