While the Dow lost momentum, the U.S. economy remained resilient.
People shop in a Manhattan store on July 27, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily …
Jerome Powell
A Guide to Purchasing Treasury Bills with Yields Exceeding 5%
Morsa Images | E+ | Getty Images As interest rates reach a more than two-decade high, Treasury bill yields remain well above 5%, as of July 27, providing a competitive …
Potential Increase in U.S. Regional Bank Failures Anticipated Following Fed Hikes
Shark Tank investor Kevin O’Leary predicts the ongoing cycle of U.S. Federal Reserve rate hikes could lead to more regional U.S. bank failures. Fed Chair Jerome Powell said the Fed …
US stock market remains stable as Federal Reserve raises interest rates again
NEW YORK: Wall Street stocks shrugged off the latest Federal Reserve interest rate hike on Wednesday, finishing little-changed after a choppy session. The Dow Jones Industrial Average ended 0.2 percent …
What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy
The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …
Anticipating the Federal Reserve Meeting – Learn What to Expect
WASHINGTON, DC – JUNE 21: Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, D.C. Powell testified on the Federal Reserve’s …
The Bears That Have Gone Missing: My Persisting Faith in this Bull Market
If you had to ask me what the bears got most wrong, it’s pretty simple: Federal Reserve Chairman Jerome Powell’s remarkable ability to divine the moment and do the right …
Winning the Battle Against Inflation Remains a Far-fetched Goal
A food shopper searches for vegetables July 1, 2023 at the Hannaford supermarket in South Burlington, Vermont. Robert Nickelsberg | Getty Images Despite recent signs of cooling inflation, the battle to …