How China's economic turmoil could hurt your portfolio
China's economy is in trouble. That's bad news for US stocks, and potentially for your portfolio.
2023-08-17 20:18
What do 'Big Short' Michael Burry and Warren Buffett know that we don't?
The S&P 500 index is up nearly 17% year to date, and the Nasdaq composite is more than 30% higher. Americans keep spending money, unemployment is low, the Federal Reserve may soon pause its painful interest rate hikes as inflation rates steadily — albeit slowly — come down.
2023-08-16 20:23
Retail earnings this week could say a lot about the state of America's economy
Earnings season continues this week with Target, Walmart, TJ Maxx parent company TJX and other high-profile retailers set to release their quarterly results.
2023-08-15 19:25
Does it matter to stocks whether the Federal Reserve hikes or pauses rates in September?
After the Federal Reserve raised interest rates in July to the highest level in 22 years, Wall Street's focus is on whether September will bring another rate hike.
2023-08-14 19:16
Don't be fooled by rising consumer price data, take a peek behind the numbers
US consumer prices rose 3.2% for the 12 months ending in July, according to the latest Consumer Price Index, which landed Thursday. That compares to 3% in June.
2023-08-11 19:59
It's not the 1970s but stagflation is back in the picture
For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation's sibling: stagflation.
2023-08-10 19:28
What does Moody's downgrade mean for markets?
Moody's on Monday evening downgraded 10 US banks and put the credit ratings of six others on review, an indication that the agency could also eventually downgrade those institutions.
2023-08-09 19:59
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:17
Not everyone is convinced the US will avoid a recession
The case for no US recession is building, but some on Wall Street are cautioning against getting overconfident.
2023-08-07 19:23
Oil prices are up 20% and energy stocks are rebounding
Energy stocks are making a comeback after being left for dead earlier this year.
2023-08-04 19:48
America's credit rating got downgraded again. Here's what happened the last time
Fitch Ratings downgraded US long-term debt late on Tuesday from AAA to AA+, citing this spring's debt ceiling standoff as a major reason.
2023-08-02 19:50
Stocks are having their best run since 2021. Can they beat the August doldrums?
US markets just wrapped up a winning July, with the S&P 500 and Nasdaq both notching their fifth positive month in a row.
2023-08-01 19:46