The Latest Breaking News from US Federal Reserve

The blue chip index notched its first win in seven sessions even as Walgreens Boots Alliance spiraled.

Megan Horneman, who worked at Deutsche Bank before moving to Verdence Capital, says many signals are pointing to an “unavoidable” recession later this year.

September S&P 500 futures (ESU23) are up +0.21%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.42% this morning as market participants braced for the next raft of economic data and speeches by policymakers to gain insights into the outlook for the economy and interest rates, while hopes of…

Asian stock markets are mixed after Wall Street drifted lower following its latest rally

Wharton’s Jeremy Siegel warns that stocks will have a rough second half of the year and he “wouldn’t be surprised” if the long predicted downturn arrived.

Markets wavered amid heightened geopolitical uncertainty and concerns about global growth.

The entertainment industry is poised for significant expansion, propelled by its recovery from the pandemic and a strong labor market. However, the Fed has indicated further rate hikes could be in the offing, which could affect the discretionary spending on entertainment. Considering these factors, buying fundamentally strong entertainment stock Endeavor…

Despite the lingering economic uncertainty, the outlook for the REIT industry and retail sector seems promising. Hence, venturing into the quality retail REIT, Saul Centers (BFS), could be wise for stable returns. Also, investors could watch EPR Properties (EPR) and Urstadt Biddle (UBA) for better entry points. Keep reading….

As the inflation rate sits above 4%, Khanna asks why not set the target at 3% to address modern needs.