Wells Fargo unveils 2024 target, warns of ‘really, really sloppy’ first half for stocks
Wells Fargo Securities is officially out with its 2024 stock market forecast.Chris Harvey, the firm's head of equity strategy, sees ...
Tag: Breaking News: Economy
Small music venues fight to keep prices affordable as inflation eats into profits
Melis82 | Istock | Getty ImagesIt has never been easy for small or independent music venues to turn a profit. ...
Bad news for Black Friday: Retailers cast doubt on holiday shopping with cautious guidance
A person walks past a sales advertisement at Saks Off 5th department store ahead of the Thanksgiving holiday sales in ...
Fed gave no indication of possible rate cuts at last meeting, minutes show
Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation ...
Fed’s Mester wants ‘much more evidence’ that inflation has been defeated
Cleveland Federal Reserve President Loretta Mester said Thursday that this week's news showing lower levels of inflation isn't enough to ...
Fed’s Susan Collins says more rate hikes can’t be taken off the table yet
Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could ...
UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
U.S. Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed ...
Former St. Louis Fed president says the FOMC still has ‘a ways to go’ on inflation
James Bullard at Jackson Hole, Wyoming.David A. Grogan | CNBCFormer St. Louis Fed President Jim Bullard says the Federal Reserve ...
British fintech Wise reports 280% jump in profit as higher interest rates boost income
The Wise logo displayed on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket via Getty ImagesBritish fintech firm Wise ...
Fed’s Mary Daly says it’s ‘too early to declare victory’ on inflation
Mary Daly, president of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic ...
