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

The multi-decade high inflation, rising interest rates, and geopolitical tensions have led to significant stock market volatility this year. Amid the prevalent recession fears, investing in high-yield dividend stocks BHP Group (BHP) and ARC Document Solutions (ARC) could add a protective layer to one’s portfolio. Read on….

Federal Reserve Chair Jerome Powell kicked off the holiday season with another interest-rate increase. He also lit the fuse for a sell-off in the stock market by telling the world, “We have more work to do,” signaling additional rate hikes in 2023. A year-end “Santa Claus Rally” could still materialize,…

The December rate hike was the seventh bump in 2022, a year that saw mortgage rates swing wildly from 3.4% in January all the way to 7.12% in October before inching back down again.

The Federal Reserve’s preferred inflation measures eased in November while consumer spending stagnated, suggesting the central bank’s interest-rate hikes are helping to cool both price pressures and broader demand — with more tightening on the way.

Amid the Fed’s hawkish stance to keep raising interest rates in 2023 and weakening economic outlook, a recession looks imminent next year. Amid ongoing market uncertainties, investors should focus on their long-term strategies. Therefore, fundamentally sound dividend-paying stocks, Coca-Cola Company (KO), Elevance Health (ELV), and Weis Markets (WMK) could be…

It's the latest data to point to slowing of still-high inflation.

A measure of inflation closely watched by the Federal Reserve slowed last month, another sign that a long surge in consumer prices seems to be easing

Shares have fallen in Asia after a retreat on Wall Street driven by fears that strong economic data will lead the Federal Reserve to double down on its interest rate hikes to tame inflation

The ASX was dragged down by a fall on Wall Street as US stocks resumed their December sell-off, while Tesla shares lost nearly 9 per cent after it offered discounts of $US7,500 on US sales.