The stock market is still in a "just right" phase, where things are not too hot or too cold, according to financial experts. This comes after recent economic reports showed mixed signals about inflation. While some areas of the economy are seeing higher prices, it's not enough to rule out a potential interest rate cut in September. Investors are keeping a close eye ...
President Trump recently picked EJ Antoni to lead the Bureau of Labor Statistics (BLS). This choice has sparked a lot of debate. Some people, like Steve Bannon, think Antoni is a great fit. Others, like Jason Furman, believe he lacks the right experience. The main concern is whether Antoni can keep economic data honest and accurate. Right now, economists are worried...
Stocks experienced a mixed day on Monday, following a strong week that saw major indexes reach near-record levels. The S&P 500 and Nasdaq Composite showed slight gains, while the Dow Jones Industrial Average dipped. Investors are now waiting for key economic reports, especially on inflation, to guide their next moves. Tech stocks were in the spotlight. Nvidia and AM...
The Consumer Price Index is a big deal. It's not just about tracking inflation. It's a key player in the US economy. It influences everything from mortgage payments to Social Security checks. It even helps businesses and students with contracts and financial aid. But lately, it's been facing some issues. The Bureau of Labor Statistics had to make some changes. They ...
The stock market took a dip on Thursday, with major indexes showing declines. The Dow Jones Industrial Average fell by 0. 3%, while the S&P 500 and Nasdaq Composite dropped by 0. 5% and 0. 8%, respectively. This downturn came after a few days of gains, which were modest due to ongoing uncertainty about trade policies. The market had been recovering from early April l...
The stock market has been on a wild ride in April. It started with President Trump's big tariff announcement. Then, he took back some of the toughest parts. This back and forth caused stocks to swing up and down like a rollercoaster. The S&P 500 even briefly entered a bear market. That's when stock prices fall by 20% or more from their recent highs. It happened...
The stock market took a hit, with tech giants leading the way down. Tesla and Nvidia were among the top losers, despite Tesla's recent boost from new auto tariffs. The Nasdaq, S&P 500, and Dow Jones all fell. Amazon and Google's parent company, Alphabet, also saw significant drops. The economic data released was not good. The core PCE-deflator, which the Federal...
Stocks in the US took a hit on Thursday, with all three major indexes finishing lower. The Nasdaq, in particular, found itself in correction territory, down 10% from its December high. This wasn't the only bad news for investors. The Dow and S&P 500 are having their worst week since September 2024 and March 2023, respectively. Investors are feeling the pressure of un...
The stage is set for another round of U. S. and China trade tussles. The events started when the US President decided to increase tariffs on some Chinese exports. There were some initial hints that President Trump was easing off on trade tensions, but that was all in the past. This new tariff hike comes in addition to an earlier 25 perc...
Imagine you're trying to save some cash or maybe even score a new job. Interest rates can play a sneaky game with your plans, right? This week, the Federal Reserve, a big shot in managing the economy, decided to keep interest rates as they are. Why? Well, they're looking at some pretty positive economic news and trying to keep inflation under control without pushing ...