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News
Claudia Sahm: The Fed’s credibility depends on resisting politics, not playing it
20+ hour, 11+ min ago (330+ words) At Jackson Hole, Wyo., last month, all eyes were on Federal Reserve Chair Kevin Warsh in his first speech at the Fed’s annual conference. But all thoughts were about the Fed’s rate decision next week. But playing politics to preserve…...
Oil prices leap to their highest since May and drag Wall Street lower
2+ day, 13+ hour ago (816+ words) NEW YORK — Oil prices keep climbing as the war with Iran keeps clogging the global flow of crude, and they leaped Thursday to their highest levels since before the summer. That worsened worries about inflation and cranked up pressure within…...
Stocks fall on Wall Street as oil prices jump back above $100 a barrel after Iran war escalates
3+ day, 14+ hour ago (749+ words) Stocks on Wall Street lost ground again Wednesday as the price of crude oil climbed back above $100 a barrel amid further escalation in the U.S. war with Iran. The S&P 500 index fell 0.5%. The Dow Jones Industrial Average dropped 0.8%, and the…...
Stocks fall on Wall Street as oil prices jump above $100 a barrel after U.S. and Iran war escalates
3+ day, 16+ hour ago (0+ words) ...
Bitcoin Stays Below $80,000 After Jobs Data Revives Rate Hike Bets
5+ day, 15+ hour ago (415+ words) Bitcoin was trading near $79,800 on Saturday, September 6, according to Investing.com, after pulling back from a three-month high above $82,000 reached Thursday. The retreat followed stronger-than-expected U.S. jobs data that raised fresh expectations for a Federal Reserve interest rate increase at its…...
August Jobs Report Blows Past Forecasts, Putting Fed Rate Hike Back on the Table
1+ week, 1+ day ago (524+ words) The U.S. economy added 162,000 jobs in August, according to CBS News and CoinDesk, far exceeding Wall Street forecasts and snapping a summer stretch of weak hiring. The result was more than double what economists polled by FactSet had projected, with consensus…...
U.S. futures mixed ahead of August jobs report many expect will show a rebound in hiring
1+ week, 1+ day ago (0+ words) ...
Average rate on a 30-year mortgage climbs to highest level in 13 months
1+ week, 2+ day ago (0+ words) ...
Why bond yields are rising and why everyone should care
1+ week, 4+ day ago (1009+ words) WASHINGTON — Interest rates on government bonds are rising again around the world, making borrowing more expensive for consumers and businesses and heightening concerns about whether governments are issuing more debt than financial markets can handle. Rising bond yields are one…...
U.S. bonds sell off as rising oil prices create inflation anxiety
1+ week, 4+ day ago (0+ words) ...