The Latest Breaking News on Economic Optimism Soars as Americans Embrace Promising Outlook for 2024

U.S. producer prices and retail sales both declined in February, giving Federal Reserve officials more room to potentially pause interest-rate hikes as they weigh the impact of a banking crisis against inflation risks.

With inflation remaining elevated, the Fed is expected to stay restrictive with its monetary policy. This is expected to keep the stock market volatile. Amid this backdrop, it could be wise for investors to buy fundamentally strong stocks AstraZeneca PLC (AZN) and General Motors Company (GM). Keep reading.

Wholesale price increases in the United States slowed sharply last month as food costs declined, a sign that inflationary pressures may be easing

CEOs are feeling better, but they're still being cautious.

Recent rhetoric from the Federal Reserve, the collapse of the Silicon Valley Bank, and strong economic data have now resulted in an extremely volatile market backdrop. Against this, adding fundamentally sound stocks Bristol-Myers Squibb (BMY), General Motors (GM), McKesson Corp. (MCK), Cardinal Health (CAH), and American Vanguard (AVD) to your…

The stock market today closed with all major indexes posting over 1% gains. Regional bank stocks gained ground while Uber jumped 5%.

Fed chair Powell’s recent hawkish comments and the upbeat economic data have raised the probability of more aggressive interest rate hikes as the economy grows too quickly. Persistent rate hikes are expected to keep the stock market highly volatile in the upcoming months. Amid an uncertain macroeconomic backdrop, quality stocks…

The Federal Reserve is facing a rather sticky problem. Despite its best efforts over the past year, inflation is stubbornly refusing to head south with any urgency to a target of 2%.

There's a more complicated narrative around inflation.