‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race
There's a 40% chance President Joe Biden will not seek reelection, according to Stifel.Brian Gardner, the firm's chief Washington policy ...
Tag: economy
Fed says it’s not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal
Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough ...
July 4 travel hitting new record thanks to lower gas prices, humming economy
Travelers heading out for the July 4 holiday can expect plenty of company this year.Nearly 71 million people will be ...
Manhattan is now a ‘buyer’s market’ as real estate prices fall and inventory rises
Manhattan is becoming a buyer's market as apartment prices fell and inventory rose in the second quarter of 2024, according ...
Is inflation Biden’s or Trump’s fault? The answer isn’t so simple, economists say
Former President Donald Trump, left, and President Joe Biden face off in the first debate of the 2024 presidential campaign, ...
Growth, value stocks could see boost from Russell rebalancing
A bullish move may be ahead for both value and growth in the year's second half.VettaFi's Todd Rosenbluth thinks value ...
The U.S. economy is the most dynamic it’s ever been as AI and infrastructure overpower Fed rate hikes, ‘Big Short’ investor Steve Eisman says
Wall Street has been puzzling over the U.S. economy’s continued resilience in the face of aggressive rate hikes from the ...
Cocoa prices are soaring. Candy makers will need to get creative
Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, ...
Fed holds rates steady, indicates only one cut coming this year
The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before ...
Microsoft is outsourcing its best AI, tech CEO says — and that’s good news for Google
This photograph shows a screen displaying the logo of Bard AI, a conversational artificial intelligence software application developed by Google, ...
