“But we still expect the Fed to cut rates by a quarter point in November, and likely a similar cut at the December meeting.” Chicago Fed President Austan Goolsbee stated on Thursday that he wasn’t ...
Foreign investors have been buying more US corporate bonds, a trend that will likely continue as Federal Reserve monetary ...
Traders are pushing the dollar toward its second-straight weekly gain in anticipation of a slower pace of interest-rate cuts ...
The family-run LV Club has been in the neighborhood since the '90s and is open until 4 or 5 a.m. Club owners say they're working with police, but residents want it to close earlier.
Alongside the PPI data and bank earnings, investors will also be watching out for comments from Chicago Fed President Austan ...
Federal Reserve Bank of Chicago President Austan Goolsbee recently expressed skepticism that the U.S. economy is overheating, ...
Saturday marks the two-year anniversary of the current bull market. Since hitting its cycle bottom on Oct. 12, 2022, the S&P 500 SPX is up nearly 62%. The stock barometer has gained 21.2% already in ...
Speaking in an interview on Bloomberg’s Odd Lots podcast before Thursday’s consumer price index report, Goolsbee reiterated ...
U.S. index futures slightly declined in pre-market trading on Friday, as investors await today’s quarterly results from major ...
Stock futures were marginally in the red first thing on Friday, with banks JPMorgan (JPM.N), Bank of New York Mellon (BK.N) ...
The US Department of Labor reported that in the week ending October 5, the advance figure for seasonally adjusted initial claims rose to 258,000 from 225,000 the previous week. This is the highest ...