Goldman Sachs raised its 2024 S&P 500 target by 8% to 5,100, forecasting a tailwind for U.S. stocks from falling inflation and declining interest rates.
April 26, 2024
San Francisco Federal Reserve Bank President Mary Daly said Monday that cuts to the U.S. central bank's benchmark rate are likely be appropriate next year because of an improvement in
April 26, 2024
The yen rose broadly on Tuesday ahead of a policy decision from the Bank of Japan (BOJ) later in the day which some traders hope will prove crucial in determining if
April 26, 2024
By Michael S.
April 26, 2024
There is no current "urgency" for the Federal Reserve to reduce U.S. interest rates given the strength of the economy and the need to be sure that inflation
April 26, 2024
Further progress on beating back inflation will be the decisive factor in any Federal Reserve decision next year to reduce interest rates, Chicago Federal Reserve Bank President Austan
April 26, 2024
U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street's impressive rally, which had been driven by falling interest rates
April 26, 2024
The labels "dove" and "hawk" have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market
April 26, 2024
Wall Street's main indexes opened lower on Wednesday as investors took a breather from a rally that was sparked by the Federal Reserve's likely pivot to a dovish policy, while FedEx
April 26, 2024
U.S. stocks closed higher on Thursday, winning back much of the previous day's losses, as economic data fueled optimism that the Federal Reserve would ease
April 26, 2024
The number of Americans applying for unemployment benefits rose slightly last week but still remained at historically low levels despite high interest rates
December 21, 2023
The 12 regional banks of the U.S.
April 26, 2024
Morgan Stanley's outgoing CEO James Gorman said financial markets will "take off" once investors are sure the Federal Reserve has finished raising interest rates, the Financial Times
April 26, 2024
The annual rotation on the U.S.
December 22, 2023
Wall Street closed its eighth straight winning week with a quiet finish following reports showing inflation on the way down and the economy potentially on the way up
December 22, 2023
Traders on Friday stuck to the view that the Federal Reserve will start cutting interest rates in March after government data showed price pressures continued to cool last month, bringing
April 26, 2024
A year-end rally in U.S. government bonds has potentially limited further gains in some Treasury maturities, said Rick Rieder, chief investment officer of
April 26, 2024
Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains.
April 26, 2024
The dollar was trying to find a floor on Tuesday in holiday-thinned trade, pressured by signs that inflation in the world's largest economy is cooling that will likely
April 26, 2024
Asian stocks rose broadly on Wednesday, tracking a rally from Wall Street as investors latched on to the year-end optimism driven by expectations that the Federal
April 26, 2024
By Michael S.
April 26, 2024
U.S. banks whose net interest margins (NIM) have been compressed due to higher funding costs are unlikely to see relief before the end of 2024 even if the Federal Reserve cuts rates,
April 26, 2024
As a strong year in U.S. stocks winds down, fund managers face a potentially consequential choice in 2024: stick with the few massive growth and technology
July 02, 2024
More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy
December 28, 2023
The IPO market limped ahead in 2023 and analysts expect a steadier recovery ahead
December 28, 2023
Ukraine joins NATO drill to test anti-drone systems
Canadian retail sales beat July estimates, seen up further in August
Denmark's prosecutor seeks maximum 12-year prison sentence for tax fraud suspect Sanjay Shah
Israel submits challenges to ICC on Gaza arrest warrant requests
JoJo was a teen sensation. At 33, she's found her voice again
Trump and Harris vocabularies signal their different frames of mind
Arundhati Roy's first memoir, 'Mother Mary Comes to Me,' to be published in September 2025