Sorry, America, it's looking like higher interest rates are going to stick around longer
Still-elevated inflation and a job market that won't quit mean predictions for interest rate cuts in June are being pushed back.
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Still-elevated inflation and a job market that won't quit mean predictions for interest rate cuts in June are being pushed back.
Stocks have broadly been under pressure this month after hopes withered for multiple cuts to interest rates this year by the Federal Reserve.
Alphabet and Microsoft led the U.S. stock market to its first winning week in the last four and its biggest weekly gain since November
Stocks have broadly been under pressure this month after hopes withered for multiple US interest rate cuts this year.
NEW YORK (AP) — The best week for U.S. stocks since November closed out with more gains thanks to Alphabet and Microsoft on Friday.