Tag: Inflation
Dow futures rally as Trump softens tone on trade war again while first tech earnings and inflation report loom | Fortune
U.S. stock futures pointed higher on Sunday evening as Wall Street looks ahead to a big week for the U.S.-China trade war, corporate earnings,...
Trump’s tariff revenue checks could create a ‘weird feedback loop’ that encourages more price hikes, analyst says | Fortune
Checks made out to Americans to the tune of $1,000-$2,000 may be on the horizon, President Donald Trump said recently in an interview with...
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’ on Americans | Fortune
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him.
Inflation has come down a lot from 9% in...
What oil CEOs really think about Trump’s management of the oil sector: ‘Those who can are running for the exits’ | Fortune
Oil companies may have President Donald Trump cheering them on from the bully pulpit. But in the oil patch, the mood is anything but...
Jerome Powell on signs of an AI bubble and an economy leaning too hard on the rich: ‘Unusually large amounts of economic activity’ | Fortune
For months, Wall Street commentators have fretted that the artificial intelligence boom looks like a bubble, with capital spending – which some analysts estimate...
Amid weak hiring and White House attacks, the Fed lowers rates—its first move in 2025 and a test of Powell’s independence | Fortune
The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday, delivering the long-awaited cut which Powell hinted at last...
Dow futures edge up as recession fears grow while Wall Street awaits the one thing that could derail Fed rate cuts
Stock futures were little changed on Sunday evening as investors brace for fresh inflation data and political turmoil overseas that could ripple through the...
The housing market is no longer a wealth-building engine as home prices continue to slump
High home prices and mortgage rates have created unaffordable conditions for many Americans, but the housing market’s ability to create more wealth has sputtered.
That’s...
PCE data paints a solid picture, but hidden cracks show tariffs quietly squeezing U.S. consumers—and weak job growth could put them over the edge
On paper, the July personal income and outlays report on Friday looked solid. Personal income rose 0.4% on a monthly basis, spending increased 0.5%,...
Stocks retreat from all-time highs after new inflation report shows prices remain elevated
Stocks are losing ground on Wall Street in early trading Friday, pulling the market down from its latest all-time highs, after a closely watched...