A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its first meeting of the year in January — or for the foreseeable future. Fed
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According to a new report on household debt published by the New York Fed, credit card balances increased to $1.17T, 8.1% above the level a year ago. More
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October inflation readings out this week have shown little progress toward the Fed's 2% inflation target, putting into question how deeply the Federal Reserve
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“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.” Warren Buffett’s sage advice offers timeless
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According to JP Morgan, a record 42% of U.S. household financial assets are now invested in the stock market. That has more than doubled since the last major
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The clear message from Wall Street leading up to this week’s long-awaited Fed policy announcement is that interest rate cuts are overwhelmingly bullish. However
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There is a massive difference between average and actual returns on invested capital. The impact of losses destroys the annualized ‘compounding’ effect of money
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The labor market added 114,000 nonfarm payroll jobs in July, fewer additions than the 175,000 expected by economists. Meanwhile, unemployment rose 4.3%, up from
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New data from the Department of Labor showed 243,000 initial jobless claims were filed in the week ending July 13, up from 222,000 the week prior and above the
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Powell, in his Semiannual Monetary Policy Report to the Congress, warned about the two-sided risk facing monetary policy. “We know that reducing policy
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It has become a tale of two markets: those indexes with Nvidia (NVDA) and those without. The indexes with Nvidia give a false sense of belief that the equity
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The latest University of Michigan consumer sentiment survey showed sentiment hit its lowest level in seven months during June. The index reading for the month
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