MARKET
Fed set to cut interest rates in September, FOMC minutes show, as some officials even favored a July move
Most top Federal Reserve officials believed they should cut interest rates in September if inflation continued to slow and the labor market got any weaker.
Stock market’s ‘fragile’ bounce at stake as Powell prepares Jackson Hole speech
The stock market’s reaction to the Fed chair’s speech at the Jackson Hole Economic Symposium has historically been muted, albeit mostly positive. This year may
Rising layoffs? The surge in jobless claims may have been a mirage.
Remember that spike in jobless claims — aka layoffs — since the end of the school year? Not to worry, the most recent reports suggest.
A feared Iranian attack on Israel a top threats to stocks in a busy week
Geopolitics threatened to deal a fresh blow to investor confidence on Monday just as stocks appeared to be shaking off the most chaotic stretch of
Canopy Growth stock drops on wider-than-expected loss but company sees growth opportunities in U.S. markets
The cannabis company says its gross profit grew as it cut expenses, but its stock falls 7%. Source link
This Wall Street bear says it’s too soon to jump back into stocks after the selloff. Here’s why.
The risk of a bear market still remains if the economic slowdown becomes a recession in the second half of 2024, says Stifel’s Barry Bannister.
‘I am an only child’: My father left his $50 million estate to my stepmother in an irrevocable trust. I inherited $1 million. Is this reasonable?
“Is it common for entire estates to be left to the second spouse instead of being divided among the children?” Source link
Fed holds rates steady, wanting to see more progress on inflation before cutting
Fed holds rates steady, wanting to see more progress on inflation before cutting Source link
Fed’s next moves could seal the fate of tech stocks and small-caps
July’s FOMC meeting is on deck and could influence whether investors keep selling large growth stocks to buy small-cap stocks. Source link
NASA ‘not quite ready’ to bring Boeing Starliner astronauts home
Boeing’s Starliner spacecraft carrying NASA astronauts Butch Wilmore and Suni Williams reached the International Space Station on June 6 Source link