U.S. stocks rallied on Friday, buoyed by cooler-than-expected inflation data and dovish commentary from Federal Reserve officials, though major indexes still closed the week lower. The Personal Consumption...
The U.S. House of Representatives is set to vote on a last-minute funding package to avert a government shutdown just hours before the midnight deadline. The proposal, announced by House Speaker Mike Johnson,...
The looming U.S. government shutdown has become a focal point for investors, signaling potential challenges for President-elect Donald Trump’s policy implementation. Despite the political turmoil, markets...
U.S. consumer spending rose 0.4% in November, underscoring the economy's resilience as inflation showed signs of moderating. Led by strong demand for new motor vehicles, recreational goods, and financial...
There are major divergences and convergences in different ETFs today, which investors need to consider for their portfolios.
Hybrid bonds, securities blending debt and equity characteristics, are gaining traction in the U.S. market, with issuance hitting a record $35.6 billion this year. A pivotal shift by Moody’s Ratings...
The U.S. Congress faces a looming government shutdown as President-elect Donald Trump rejected a bipartisan spending deal, demanding action on the debt ceiling before his inauguration. With less than two...
The number of Americans filing new jobless claims dropped by 22,000 to 220,000 last week, a sign of labor market resilience as 2024 draws to a close. The decline reversed the previous week’s spike and...
The Federal Reserve is expected to lower interest rates by 25 basis points on Wednesday, reducing its benchmark policy rate to the 4.25%-4.50% range. Dubbed a "hawkish cut," the move reflects a balancing...
Federal Reserve officials are set to update their economic projections this week, with expectations of fewer rate cuts in 2025 as U.S. economic data continues to show resilience. While policymakers, including...