Fed keeps rates high as inflation lingers
Government policies are contributing to rising prices, and neither candidate for the White House is in a mood to turn off the tap
Source: thetimes.com
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Stock Market Today: Nasdaq at New High as Nvidia Stock Soars
Nvidia stock popped on a strong round of funding for Elon Musk's AI startup.
Source: kiplinger.com
Stocks Surge Despite Ice-Cold Jobs Report and Growing Stagflation Concerns
Wall Street is abuzz today as a softer-than-expected April jobs report sparks rate-cut hopes and stagflation fears.
Source: investorplace.com
The Economy Appears to Be Slowing Down
Last week, many investors were focused on economic data. The Personal Consumption report offers information about Americans’ income and spending over the previous month. It includes one of the Federal Reserve’s preferred inflation gauges, the personal consumption expenditures (PCE) price index. The March report showed: Disposable income, which is the amount
Source: expertclick.com
GDP Growth Was Better Than It Looked
When peeling the onion on GDP growth, it reveals the economy is doing better than the March quarter GDP result.
Source: forbes.com