Wall Street Nears Records as S&P 500 Climbs Toward 7,800 Ahead of Jackson Hole
American equities have climbed to within striking distance of all-time highs this week, with the S&P 500 approaching the 7,800 level a...
U.S. Inflation Cools to 3.5% in June as Energy Prices Plunge, Giving the Fed Room to Pause
American consumer prices rose at the slowest annual pace in months during June, with headline inflation falling to 3.5 percent and core me...
Fed Holds Rates at 3.50%-3.75% as Three Officials Dissent
The Federal Reserve held its target federal funds rate steady at 3.50 percent to 3.75 percent at its July meeting, though three officials ...
U.S. Labor Market Shocks With 23,000 Job Loss in July
The U.S. labor market delivered an unexpected shock in July, with nonfarm payroll employment contracting by 23,000 jobs and the unemployme...
Three Fed Presidents Dissent as Central Bank Holds Rates, Signaling Deep Committee Divide
The Federal Reserve's decision to hold interest rates steady at its July meeting masked an unusually sharp internal split, as three re...
Dow Closes at Record High as Big Tech Rally Powers Broad Market Gains
The Dow Jones Industrial Average closed at an all-time high on August 5, 2026, capping a three-week rally driven by resurgent technology s...
Wall Street Enters August With Caution as Seasonal Headwinds and Fed Uncertainty Loom
U.S. equities closed the first trading session of August modestly higher, but beneath the surface investors are bracing for a month that h...
U.S. GDP Growth Slows to 1.5% in Second Quarter as Economic Momentum Cools
The U.S. economy grew at an annualized rate of 1.5 percent in the second quarter of 2026, down from 2.1 percent in the first three months ...
U.S. GDP Growth Slows to 1.5% in Second Quarter as Consumer Spending Cools
The U.S. economy expanded at a 1.5 percent annualized pace in the second quarter of 2026, down sharply from 2.1 percent in the first three...
Fed Holds Rates Steady in July as Inflation Cools, Leaving Markets Guessing on Next Move
The Federal Reserve left its benchmark interest rate unchanged at 3.50 percent to 3.75 percent following its July 29-30 meeting, but polic...
Federal Reserve Holds Rates Steady for Fifth Straight Meeting
The Federal Reserve held its benchmark interest rate steady at 3.50% to 3.75% on Wednesday, marking the fifth consecutive meeting without ...
Federal Reserve Holds Rates in 9-3 Vote Under Warsh, Leaving Door Open for September Hike
The Federal Reserve held its benchmark interest rate steady in the 3.5 percent to 3.75 percent range at its July meeting, but a rare three...
Fed Faces Tough Choice as Inflation Stays Sticky Ahead of July Meeting
The Federal Reserve convenes Tuesday for its July policy meeting with markets pricing in a roughly one-in-four chance of an interest-rate ...
Fed Faces Tough Choice as Inflation Stays Sticky Ahead of July Meeting
The Federal Reserve convenes Tuesday for its July policy meeting with markets pricing in a roughly one-in-four chance of an interest-rate ...
May PCE Inflation Tops 4.1%, Leaving a Federal Reserve Rate Hike on the Table
The Federal Reserve's preferred inflation gauge accelerated to its fastest pace in more than three years in May, keeping alive the pos...
Bitcoin Retreats as Oil Surges Above $85, Renewing Inflation Fears
Bitcoin retreated from a one-month high on Tuesday as West Texas Intermediate crude oil prices climbed above $85 per barrel for the first ...
Fed Watch: Interest Rate Decision Looms as Inflation Shows Glimmer of Cooling
The Federal Reserve is poised to make its next policy decision on July 29, following a June meeting that held rates steady at 3.5% to 3.75...