The ongoing political conflict in the Middle East has caused oil prices to rise, raising fears of inflation that could damage the US economy. The last time inflation rose suddenly was in 2022, and it forced the Federal Reserve to raise interest rates so quickly S&P 500 (SNPINDEX: ^GSPC) The index fell by more than … Read more
A “Help Wanted” sign hangs in the window of a restaurant in Medford, Massachusetts, US, January 25, 2023. Brian Snyder | Reuters Non-farm payrolls are expected to fall back – slightly – in March as consumers tune in for what is shaping up to be a healthy labor market. The US economy is estimated to … Read more
The bond market may be doing the Fed’s work for it. The central bank wants to keep rates steady in the face of the Iran conflict, which has sent oil prices up more than 50% and raised expectations of inflation in the next few months. Meanwhile, the markets are already overpriced. In the first month … Read more
The bond market may be doing the Fed’s work for it. The central bank wants to keep rates steady in the face of the Iran conflict, which has sent oil prices up more than 50% and raised expectations of inflation in the next few months. Meanwhile, the markets are already overpriced. In the first month … Read more
Moneywise and Yahoo Finance LLC may receive commission or revenue from the links below. America’s debt crisis is not an immediate problem, but it could become one if nothing changes. That is a quote from Federal Reserve Chair Jerome Powell given in a recent interview with Harvard economics students (1). Powell said: “The debt situation … Read more
The Bureau of Labor Statistics reported Tuesday that the hiring rate fell to 3.1% in February, with just 4.8 million new hires, the lowest since April 2020. Job openings fell to 6.9 million, down 358,000 from January. The unemployment rate was lower at 1.9%, while the unemployment rate remained at 1.1%, and the number of … Read more
The SPDR S&P 500 ETF (SPY) is down 7% year-to-date through March 30, 2026, while the VIX rose to 30.61 as energy shocks driven by WTI crude oil above $100 a barrel threaten to reverse inflation. Core PCE inflation reached 128.394 in January 2026, its highest figure in 12 months, while the yield of the … Read more
The stock market plunged on Monday morning after the White House announced that it might not be America’s job to reopen the Strait of Hormuz. The S&P 500 rose more than 1.5%, while the Nasdaq rose nearly 2%. In one night, a Wall Street Journal the report indicated that President Trump would be ready to … Read more
This is CNBC’s Morning Squawk newsletter. Register here to receive future publications in your inbox. Happy Tuesday. In a partnership you may not have seen coming, Warren Buffett is teaming up with the NBA’s Stephen Curry to launch his own charity lunch. Stock futures are rising this morning. The S&P 500 finished yesterday’s meeting in … Read more
The chairman of the Federal Reserve Jerome Powell gave a strong assessment of the health of the American finances on Monday, telling a Harvard economics group that while the national debt of $ 39 trillion is not immediately dangerous, the way the country is in requires urgent attention from the lawmakers. Powell said during a … Read more