US debt rises to $33 trillion as government shutdown looms
As the US national debt passes $33 trillion and a government shutdown looms, Wall Street feels defensive.
2023-09-20 20:27
Ex-US congressman sentenced to 22 months for insider trading
Former U.S. Congressman Stephen Buyer was sentenced to 22 months in prison on Tuesday for trading on inside
2023-09-20 03:55
Banks scramble to find leaders equipped for today's economic realities
Wall Street has a knowledge hole.
2023-09-19 19:51
US gas prices are unusually high. Here's why you shouldn't worry
Falling leaves typically coincide with falling gas prices as the summer driving season comes to a close and demand at the pump wanes. Instead, gasoline prices are getting more expensive and are just pennies away from their highest level so far this year.
2023-09-18 19:50
The latest data signals the Fed will pause next week and keep future rate hikes on the table
With less than a week to go before the Federal Reserve announces its next interest rate decision, Wall Street has reviewed a bevy of economic indicators released this week.
2023-09-15 19:50
Wall Street's mood is improving — but it's far from upbeat
Wall Street's optimism has edged up in recent weeks after an August slump to levels not seen since the collapse of several regional banks earlier this year.
2023-09-14 20:22
Fed economists sound alarm on hedge funds gaming US Treasuries
By Davide Barbuscia NEW YORK Researchers at the Federal Reserve have issued warnings in recent weeks about possible
2023-09-13 23:24
This week's US inflation data is very important. Here's why
Markets hate uncertainty, and there's a lot of it this fall: The United Auto Workers union may strike on Friday, the federal government is heading toward another potential shutdown in October, geopolitical tensions with China remain heightened and oil prices could stay elevated through December. There's also the looming question about whether the Federal Reserve will hike interest rates again.
2023-09-12 20:55
What China's new smartphone means for Wall Street
Stock prices of chipmakers have soared over the last year as AI became the story of 2023. But in recent weeks, there's been a notable drop in those shares as growing tensions between the US and China cloud their outlook.
2023-09-11 20:20
Why stocks could avoid a steep selloff this September
US stocks typically see their worst performance of the year in September, but there are signs the market could avoid a steep downturn this time around.
2023-09-07 22:55
US SEC set to approve new fee rules on trading market data system
Wall Street's top regulator on Wednesday was set to approve new rules on funding a market surveillance system
2023-09-06 22:26
How big banks won the banking crisis
The collapse of Silicon Valley Bank and the US regional banking crisis that followed earlier this year had major economic and regulatory repercussions for lenders across the globe, some of which may be felt for years to come. But now that the more immediate threat of the crisis has dissipated, some clear winners have emerged.
2023-09-05 19:59