Cryptoverse: Stablecoins sag in the dog days of summer
By Hannah Lang Bitcoin isn't the only asset experiencing a late summer slump. Stablecoins, cryptocurrencies typically pegged to
2023-09-19 13:17
Contract negotiations: UAW strike puts the four-day workweek back in focus
When the United Auto Workers called a strike last week against General Motors, Ford and Stellantis, one of their demands focused on an idea circulating on the periphery of labor reform circles.
2023-09-18 05:19
US inflation is expected to keep slowing. Here's why
US inflation has slowed steadily from its four-decade peak last June, and it's expected to cool further thanks to easing car prices and rents. And if the US job market slows further, that could help bring it down even more.
2023-09-17 19:59
Wall St Week Ahead: Last Fed hike tends to aid stocks, but some have doubts this time
By Lewis Krauskopf NEW YORK The end of the Federal Reserve's rate hiking cycle has generally been a
2023-09-16 05:29
UAW prepares to strike as contract talks hit deadline
Union boss Shawn Fain says companies can afford demands, including a 40% pay rise.
2023-09-14 22:49
The problem with labor data in understanding inflation
US inflation has slowed markedly over the past year as the Federal Reserve raised interest rates aggressively to cool demand and slow price increases. The job market hasn't cooled as much and there's always speculation over what the latest monthly jobs report means for the Fed.
2023-09-10 19:57
Investor hopes for US soft landing ride on inflation data
By David Randall NEW YORK U.S. stock investors are turning their focus to next week’s inflation data, which
2023-09-09 06:27
Cryptoverse: Venture capital still haunted by crypto chaos
By Lisa Pauline Mattackal and Medha Singh For venture capitalists, the scars of bitcoin's disastrous 2022 run deep.
2023-09-05 13:27
The Fed likely won't raise rates this month — but November is another matter
Last week's economic data increasingly gave investors hope that the Federal Reserve could hold interest rates steady this month, following a hike in July that brought rates to their highest level in 22 years. But the Fed hasn't ruled out additional rate increases, and that could still happen unless inflation slows further.
2023-09-03 20:20
Investors lower outlook for consumers as student loans, credit card debts pile up
By David Randall NEW YORK Signs of rising consumer stress are prompting some fund managers to grow more
2023-09-01 18:20
US consumer spending is expected to cool further but not fall off a cliff
After a remarkable summer of robust consumer spending and financial-market resilience, the US economy is widely expected to slow in the coming months as the Federal Reserve continues its historic inflation fight.
2023-08-27 19:48
Historically stormy month of September may test US stock rally
By David Randall NEW YORK U.S. stock investors are bracing for a potentially volatile September as the market
2023-08-26 05:51