Fed expected to keep interest rates higher for longer amid stubborn inflation

aol.com Just a few months ago, Wall Street was confident that May would mark the beginning of a barrage of interest rate cuts by the Federal Reserve. But a string of…

Posthaste: Canadians putting off plans to buy a home until the Bank of Canada cuts rates

financialpost.com A survey by the Bank of Montreal revealed this week that 72 per cent of aspiring homeowners are waiting for the Bank of Canada to cut interest rates before buying. Canadians…

Transcript: Ed Yardeni

ritholtz.com The transcript from this week’s, MiB: Ed Yardeni on the Roaring 20s, is below. You can stream and download our full conversation, including any podcast extras, on Apple…

5 things to know before the stock market opens Tuesday

cnbc.com Here are the most important news items that investors need to start their trading day: Stocks continued their gains on Monday ahead of a Federal Reserve meeting and the…

How the High Cost of Borrowing May Skew the Presidential Race

nytimes.com Kimberly Jolasun, a 32-year-old entrepreneur in Atlanta, has never voted for the Republican candidate for the presidency. That may be about to change. Her company, Villie,…

Stock market today: US futures hit pause with Fed in focus, Amazon earnings on deck

finance.yahoo.com US stocks hit pause on Tuesday as investors marked time ahead of the Federal Reserve's rate decision, with earnings from Amazon (AMZN) on deck to test prospects for a…

Analyst sees Fed powering Bitcoin to $180,000 before year’s end

dlnews.com Bitcoin will hit as high as $180,000 by the end of the year thanks to the Federal Reserve. That’s the bullish prediction made by Mark Connors, head of research at crypto…

Stock Market Today: Stocks slip with Fed in focus; Amazon earnings on deck

thestreet.com Check back for updates throughout the trading day U.S. equity futures edged lower Tuesday, with the S&P 500 on pace for its first monthly decline since September, as…

Vanguard S&P 500 ETF vs. Vanguard High Dividend Yield ETF: Which Is Best for You?

finance.yahoo.com Exchange-traded funds, or ETFs, can be a great way to achieve strong long-term performance in your portfolio without much ongoing effort from you. Whether or not you invest…

US Dollar Continues to Dominate All Currencies: How Long Will It Last?

watcher.guru The US dollar has emerged victorious among its competitors, driving the currency dominance game to new levels. The USD has managed to gain prominence against global…

Shhh! 3 Secret Virtual Reality Stocks Flying Below Wall Street’s Radar

investorplace.com Thanks to weaker-than-expected forecasts, top virtual reality ( ) stocks Microsoft (NASDAQ: ), Meta Platforms (NASDAQ: ) and Unity Software (NYSE: ) are trading at discounts…

Artificial Intelligence, Real Riches: 3 AI Stocks Wired to Create Millionaires

investorplace.com Join the AI millionaire frontier with real riches from SoundHound, SentinelOne and Upstart Artificial intelligence ( ) remains a hot topic, with investors’ minds focused on…

Can Disney Stock Triple Before 2030?

marketbeat.com The credit cycle tends to bring extreme highs and lows for stocks. When the COVID-19 pandemic peaked in late 2020 and early 2021, the Federal Reserve (the Fed) was forced to…

Big Government's Crackdown On Hedge Fund Home-Buying Looms

zerohedge.com Big Government's Crackdown On Hedge Fund Home-Buying Looms "I strongly support free markets," but this "corporate large-scale buying of residential homes seems to be…

Is Optimism Going to Zero? OP Price Drops 4%, While Experts Are Stocking Up On This New GambleFi Token

cryptonews.com The native token for Ethereum Layer 2 scaling solution Optimism (OP) has fallen 4% in the last 24 hours amidst a market-wide pullback that has hit Layer 2 tokens the…

Sorry, America, it's looking like higher interest rates are going to stick around longer

aol.com None The Federal Reserve is expected to once again hold interest rates steady on Wednesday. • None Some predictions also do not forecast any interest rate cuts until the…

Stock market today: futures slip ahead of Amazon earnings and a key Fed update

aol.com None US stock futures retreated on Tuesday as Wall Street awaited key earnings reports and a Fed update. • None Amazon, Eli Lilly, McDonald's, and Starbucks are among the…

Stock market today: Global shares mostly rise to start a week full of earnings, Fed meeting

abcnews.go.com Global shares are trading mostly higher as investors keep their eyes on potentially market-moving reports expected later this week TOKYO -- Global shares mostly rose…

The Fed’s Game of “Make Believe” Comes to an End

schiffsovereign.com It’s barely been a year since the 2023 bank crisis in which several large banks, including Silicon Valley Bank and Signature Bank, failed. At the time, I wrote that the bank…

Stocks Set for Monthly Drop as Traders Await Fed: Markets Wrap

finance.yahoo.com Stock markets stumbled on the last day of the month on concern the Federal Reserve may stick to its hawkish messaging at its meeting on Wednesday. • None HSBC CEO Quinn…

Good news: The worst could be over for gas prices this spring

aol.com Israel and Iran have been in open conflict. Ukrainian drones have repeatedly attacked Russian oil refineries. And OPEC continues to hold back oil supply. All of these…

Trading firm chief on Bitcoin halving impact: ‘Volumes are 10 times what they were four years ago’

dlnews.com The Bitcoin halving — pre-ordained by founder Satoshi Nakamoto some 15 years ago — will slash the rewards Bitcoin miners get for maintaining the blockchain, reducing by half…

Why Did Bitcoin Fall? How Low Can BTC Price Drop?

coinpedia.org Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on…

US stock futures slipped lower ahead of Fed meeting ; major earnings due

investing.com Investing.com-- U.S. stock index futures slipped lower Tuesday as a rally in the technology sector appeared to be running out of steam ahead of the latest Federal Reserve…

Prospect of Higher-For-Longer U.S. Rates Keeps Dollar, Treasury Yields Elevated

barrons.com The U.S. dollar firmed across the board, while two-year Treasury yields hovered just under recent highs around 5%, supported by expectations that the Federal Reserve will…

Amazon earnings ahead, Paramount CEO Bakish steps down

investing.com Investing.com -- U.S. stock futures inch down ahead of a fresh batch of corporate earnings, including results from tech giant Amazon (NASDAQ: ). Paramount Global (NASDAQ: )…

High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why

nytimes.com More than two years after the Federal Reserve started lifting interest rates to restrain growth and weigh on inflation, businesses continue to hire, consumers continue to…

Gold Price Drops Ahead of Fed Meeting

barrons.com Metal prices were falling, with gold futures slumping 1.25% to $2,328.2 a troy ounce ahead of the Federal Reserve's meeting on Wednesday. The precious metal's slump over the…

Gold Prices Fall Ahead of Wednesday’s FOMC Meeting

watcher.guru After three consecutive months of gains, gold prices fell today to about $2,320 an ounce. Nonetheless, the yellow metal is still up by around 4% over the month. Spot gold…

Stock Market Today: Dow, S&P 500 Set to Open Down; Amazon, Super Micro, AMD, Eli Lilly, Starbucks, and More Movers; Fed Meeting

barrons.com U.S. stock futures wavered on Tuesday as investors awaited a spate of corporate earnings and braced for key macroeconomic catalysts in the coming days, including a Federal…

Stock Futures Wobble as Investors Await Earnings and Fed Decision Looms

barrons.com U.S. stock futures wavered on Tuesday as investors awaited a spate of corporate earnings and braced for key macroeconomic catalysts in the coming days, including a Federal…

The new economic ideas Trump advisers are floating for second term

washingtonexaminer.com Trumpworld is flush with economic advisers pushing different policy proposals for a possible second term — to the annoyance of the Trump campaign. Top GOP advisers and those…

It's the pandemic, stupid

stayathomemacro.substack.com Programming note: If you would also like to read shorter notes from me on macroeconomic conditions and the Federal Reserve, follow New Century Advisors on LinkedIn. We will…

Gold Drops as Markets See Hawkish Fedspeak at US Rate Meeting

finance.yahoo.com Gold fell — narrowing what is set to be its third straight month of gains — as investor focus turned to this week’s Federal Reserve rate-decision meeting at which…

Outlook ‘significantly brighter’ for Hong Kong stocks, as US$5 trillion market attracts global investors rotating out of US, Japanese shares

scmp.com Outlook ‘significantly brighter’ for Hong Kong stocks, as US$5 trillion market attracts global investors rotating out of US, Japanese shares are back in favour among global…

As China’s economy falters, so does middle-class confidence

nbcnews.com BEIJING — At a restaurant in the Chinese capital that serves up low-cost meals to seniors, much of the crowd these days is decidedly less than senior. For Wang Ran, a…

Crypto fear and greed index slips as the BitBot raises $3M

coinjournal.net A sense of fear is creeping up in the cryptocurrency market as investors focused on the upcoming Federal Reserve decision. The closely-watched crypto fear and greed index…

1 No-Brainer Vanguard Growth Fund to Buy in a Market Correction

finance.yahoo.com 2024 has been a testament to the resilience of stocks. Despite concerns about lingering inflation, soaring treasury yields, and the Federal Reserve's rate-cutting plans, the…

6 best Altcoins with Huge Potential for the next bull run

coinpedia.org The post 6 best Altcoins with Huge Potential for the next bull run appeared first on Coinpedia Fintech News The Federal Reserve is expected to take a call on May 01, 2024,…

Why Bitcoin Price Was Down In April Month? What Next For BTC Price?

coinpedia.org The post Why Bitcoin Price Was Down In April Month? What Next For BTC Price? appeared first on Coinpedia Fintech News Bitcoin and the broader cryptocurrency market faced a…

Thomas Jefferson’s Warnings and Predictions about the Dangers of Money-Printing

tenthamendmentcenter.com Thomas Jefferson’s chilling warnings about unchecked fiat, paper money proved prophetic as the U.S. plunged into its first boom-bust economic crisis in the early 19th…

Bitcoin Whales, Not Retailers, Are Safe If The United States Government Begins Confiscating Coins: Analyst

bitcoinist.com Willy Woo, an on-chain analyst, took to X on April 29, concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a…

Young America’s Anger and Your Money

investorplace.com The American Dream is on life support … the growing unhappiness of Young America … what they’ve chosen as their path for escape … how to benefit from it David Sweede and his…

Canadian dollar could 'crater' if Bank of Canada cuts faster and deeper than the Fed, say economists

financialpost.com The Canadian dollar could be in for a rough ride if the Bank of Canada cuts interest rates sooner and deeper than the Federal Reserve, a scenario that economists suggest is…

Japan's currency falls to its weakest since 1990 against the dollar as the yen keeps yelping

abcnews.go.com The value of Japan’s currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1 NEW YORK -- Some of the world's wildest action in financial markets…

A Strong U.S. Dollar Weighs on the World

nytimes.com Every major currency in the world has fallen against the U.S. dollar this year, an unusually broad shift with the potential for serious consequences across the global…

It's going to be a massive week for the stock market

finance.yahoo.com None It's a big week for the stock market with a deluge of economic data set to be released. • None A Fed press conference, the April jobs report, and quarterly earnings…

California's Tax Revenue Projections Weakening As Newsom's Budget Revision Deadline Looms

zerohedge.com California's Tax Revenue Projections Weakening As Newsom's Budget Revision Deadline Looms Authored by Travis Gillmore via The Epoch Times (emphasis ours), With the state…

Are stocks overvalued? Here's what the key numbers say

thestreet.com Except for a brief correction earlier this month, it’s been full steam ahead for the stock market over the past six months. The S&P 500 index (SPY) has jumped 24% during…

As home sellers, buyers wait on a Fed cut, here's how mortgage rates have impacted the spring housing market

cnbc.com People looking to buy or sell a home this spring are paying close attention to mortgage rates. The average 30-year, fixed-rate mortgage rose to 7.17% for the week ended…

Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?

nytimes.com A crucial question is hanging over the American economy and the fall presidential election: Why are consumer prices still growing uncomfortably fast, even after a sustained…

Nearly 30% of Working Households Can't Meet Basic Needs

tftc.io Recent data indicates that nearly 40 million American families, described as ALICE (Asset Limited, Income Constrained, Employed), are facing financial challenges as high…

Millennials have it better than everyone thinks, accumulating wealth faster than anyone else since the pandemic, new data shows

aol.com Millennials may not have it so bad after all. Indeed, the average wealth of households under 40 grew by 49% between 2019 and 2023, according to a new report from Center for…

Tokyo Drifting Into A Currency Crisis

tftc.io This week, the Japanese Yen slid past another crucial threshold, crossing 155 to the dollar and falling even lower during a crucial press conference. For months, I’ve been…