The Latest Breaking News from US Federal Reserve

U.S. stocks were quite strong in 2023, and the S&P 500 closed the year with 24% gains. January has historically been a good month for stocks, and if corporate earnings don't throw a wrench in the rally, stocks could extend their gains into January.

The profitability of U.S. banks will likely remain under pressure due to a slowing U.S. economy, high-interest rates, the possibility of CRE defaults, rising credit card debt, and deteriorating asset quality. In this scenario, it could be wise to look beyond borders and buy fundamentally strong foreign bank stocks Banco…

Asian markets exhibit weakness as Chinese manufacturing and property sectors show signs of decline. U.S. futures rise and oil prices increase.

Asian markets were mostly lower Tuesday following the release of data showing more signs of weakness in the Chinese manufacturing and property sectors

Corporate earnings and their derivative, cash-free cash flow, have always been on Wall Street's radar. They are a critical input in almost every model, which calculates the intrinsic value of a company as the present value of future cash flows to stockholders.

Asian markets slipped Tuesday as most traders returned from the New Year break looking forward to a 2024 that is expected to see a series of Federal Reserve interest rate cuts, but to also be full of economic and political uncertainty.

We will hit the ground running in 2024 with some big news out this week including Fed minutes, PMI and Nonfarm Payroll. All of these things will no doubt lead to an exciting week in the markets.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.43%. On Friday, stocks posted modest losses on year-end...

2023 witnessed major business events, including the Fed's inflation battle and controversies like Bud Light's risky ad campaign.