Wall Street Week Ahead: U.S. data deluge to underscore divide between roaring market, plunging economy
NEW YORK (Reuters) – A week packed with U.S. economic data is likely to provide investors with more evidence of…
Fed’s Powell: Monetary policy well positioned to support strong labor market
PROVIDENCE, R.I. (Reuters) – Monetary policy is “well positioned” to support the strong labor market, which is just now starting…
Wall Street stalls to end weak August as China tariffs loom ahead of U.S. holiday
NEW YORK (Reuters) – Wall Street ended the week with a lackluster session on Friday as investors were cautious ahead…
U.S. housing market mired in weakness; consumer sentiment ebbs
WASHINGTON (Reuters) – U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction…
Investors look for consumer pressure ahead of next tariffs
(Reuters) – As President Donald Trump prepares to slap new tariffs on Chinese imports, investors are bracing for signs of…
Take Five: The Fed and the rest
With President Donald Trump’s trade policies heightening fears of a U.S. recession, expectations of a Fed rate cut have dramatically…
Strong U.S. retail sales improve economy’s fortunes
WASHINGTON (Reuters) – U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a…
A Fed pivot, born of volatility, missteps, and new economic reality
WASHINGTON (Reuters) – The Federal Reserve’s promise in January to be “patient” about further interest rate hikes, putting a three-year-old…
U.S. consumer morale at two-year low; factory output surges
WASHINGTON (Reuters) – U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump’s was elected…
Upbeat employment report underscores U.S. economic strength
WASHINGTON (Reuters) – U.S. employers hired the most workers in 10 months in December while boosting wages, pointing to sustained…
Fed likely to lift rates, possibly end ‘accommodative’ policy era
WASHINGTON (Reuters) – With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on…