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

As the U.S. economy veered toward the biggest inflation shock in four decades, investors flocked to the one corner of Wall Street that seemed a sure-fire refuge: Treasuries that provide extra compensation to keep up with rising consumer prices.

The conditions for running businesses remain rosy but the business community is starting to fret about the looming economic slowdown.

Interest rate hikes mean that workers and consumers take the hit. Here are other tools to address inflation

Stronger-than-expected jobs data might lead to the Fed lifting rates higher than investors expect. Increased recessionary fears have sparked a market sell-off lately. Given a highly uncertain market backdrop, we think it could be wise to avoid fundamentally weak popular stocks Block (SQ), Roku (ROKU), and Lucid (LCID), which investors…

Shares have fallen in Asia after last week's decline on Wall Street

The S&P 500 (SPY) has been shedding weight all week long because inflation is looking too “sticky”. What does that mean? And why does it matter? 40 year investment veteran Steve Reitmeister spells it all out in this timely commentary that includes market outlook, trading plan and top picks. Read…

NEW YORK - Global stocks had a mixed showing Friday, with hotter-than-expected US wholesale prices renewing concerns that the Federal Reserve will push on with aggressive policies against inflation.

The Federal Reserve’s busiest year for rate hikes since Jimmy Carter was president may be coming to an end — but U.S. central bankers’ rate increases are far from over.

Amid major macroeconomic headwinds, consumer confidence declined to its lowest since July. In addition, the bear market rally is likely to continue into next year. Hence, fundamentally weak stocks SoFi Technologies (SOFI), Ginkgo Bioworks (DNA), Opendoor Technologies (OPEN), and Camber Energy (CEI), which have been slumping in price, might be…