World News
Despite Treasury's Scott Bessent's remarks, financial tracker CME Fed Watch forecasts rate hike in December likely.
Business & Economy
Treasury yields moved higher as investor expectations for a December rate hike by the Federal Reserve gain strength.
Business & Economy
"The Fed is the real risk going out in the intermediate term," one strategist said.
Technology
The report comes with Wall Street on edge over high-flying AI hyperscalers, while communities are on alert for the rapid spread of data centers.
Business & Economy
The most recent inflation reading for October had beaten expectations, coming in at 0.4% for the month.
Property & Real Estate
There will be seven voting meetings next year, with the October session set up as extra time for policy deliberation without a formal vote or post-meeting statement.
The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.
Business & Economy
The consumer price index rose more than expected in October, raising alarm among Federal Reserve officials.
Business & Economy
Wall Street was recently able to put inflation worries on the back burner, as traders focused on the midterm elections and swings in tech stocks. That’s over now.
The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.
World News
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
US Treasuries slumped, pushing yields sharply higher, after hotter-than-expected inflation data and comments from a key Federal Reserve official fueled bets that the central bank would need to deliver more aggressive interest rate hikes to cool inflation.
Education & Youth
As high prices continue to strain household budgets, many consumers have turned to credit cards to help make ends meet.
Property & Real Estate
The rise in balances on HELOCs marks the 18th consecutive quarterly increase, according to a new report from the Federal Reserve Bank of New York.
Business & Economy
The report comes at a critical juncture for the Federal Reserve as it considers its next move regarding interest rates.
Business & Economy
CoreWeave and Nebius earnings, alongside key inflation reports that could shape the Fed's next interest rate decision, are the focus.
Business & Economy
The Fed’s October bank lending survey shows tighter standards for small firms and commercial real estate, while subprime borrowers face tougher credit.
World News
Fed Chairman Kevin Warsh said he plans to reduce the number of rate-setting votes, a move some economists say could delay relief for borrowers.