A midweek rally followed robust bottom line results from JPMorgan Chase, Wells Fargo, Bank of America and several other large banks. But further interest rate cuts may be needed to sustain momentum.
The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald ...
According to S&P Global Market Intelligence, 20 of the 48 analysts covering the Magnificent 7 stock that it tracks rate TSLA ...
With the Federal Reserve touting a slower pace of easing, markets are expecting a longer pause. But Gov. Christopher Waller said the next interest rate reduction could come as soon as March because of ...
Yields on U.S. government bonds ended at their lowest levels in weeks on Thursday after one key policymaker spoke about the possibility of multiple 2025 interest-rate cuts by the Federal Reserve.
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December's CPI print finally showed some relief in core inflation. But the threat of sticky prices is still a reality for ...
Treasury secretary nominee Scott Bessent told Senate lawmakers Thursday that the Federal Reserve should remain independent, ...
A former partner of a major hedge fund and one of the donors to Donald Trump’s campaign, Scott Bessent fielded questions from ...
Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury secretary ...
Inflation rates have had a huge impact on almost all aspects of our daily lives — from mortgage rates to the price of groceries. While the U.S. inflation rate has hit a 40-year high after the pandemic ...
2024 was a stellar year for banking giants in the United States. According to a report in the Financial Times, the seven ...
A new presidential administration is expected to change how the financial services industry is regulated.
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