World shares were mostly lower on Monday after U.S. stocks edged back from their all-time high, with many Asian markets closed for holidays. In early European trading, Germany's DAX dropped 1.1% to 21,
The us central bank will release its interest rate decision, the first of year 2025, on Wednesday. After three straight rate cuts last year, the Fed is widely expected to hold interest rate steady thi
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
Market participants better buckle up, for Wall Street is in store for an incredibly busy week. Monetary policy is back in the spotlight, with the Federal Reserve's first interest rate decision of ...
For Wall Street, it was a welcome return to the type of environment craved by traders and bankers after a muted period when the Federal Reserve was raising rates as it grappled with inflation. Boosted by a Fed in easing mode and the election of Donald ...
The Dow Jones Industrial Average fell 140.82 points, or 0.32%, to 44,424.25, the S&P 500 lost 17.47 points, or 0.29%, to 6,101.24 and the Nasdaq Composite lost 99.38 points, or 0.50%, to 19,954.30.
Wall Street’s main indexes closed higher on Tuesday, with the S&P 500 and the Dow hitting their highest in more than a month, as investors assessed Donald Trump’s first actions as president and breathed relief that he did not start his second term with blanket tariff increases.
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Here are our top real estate investment trust (REIT) ideas for 2025. They pay among the highest yields and offer solid growth potential.
After weeks of speculation, President Joe Biden confirmed on Monday that he would re-nominate the current chairman of the Federal Reserve Bank, Jerome “Jay” Powell, to a second four-year term ...
Trump’s executive action “doesn’t have the same force as law, and the creation of those offices was established under the law in Dodd-Frank,” Van Tol said. “If they did indeed shut down access to the websites in response to the executive order, that would be troubling and potentially legally problematic.”
Existing home sales climbed 2.2% in December to a seasonally adjusted annual rate of 4.24 million, according to the National Association of Realtors, the strongest pace since February 2024. Economists polled by Bloomberg expected existing home sales to hit a pace of 4.2 million in December.