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

Despite economic uncertainties, retail sales have remained resilient lately. Since the Fed is expected to slow the rate hikes with inflation showing signs of cooling down, holiday sales are expected to be strong. Therefore, it could be wise to pick up fundamentally strong retail stocks Walmart Inc. (WMT), The Hershey…

Recent positive economic data indicate that the U.S. economy is not cooling despite the Fed’s aggressive monetary policy since March. This could prompt the Fed to continue its supersized rate hikes in the near term. Amid uncertainties, investors could consider buying rock-solid stocks Microsoft (MSFT), Coca-Cola (KO), Kroger (KR), and…

Stocks are mostly lower in Asia after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation

Dow Jones futures were little changed ahead of Tuesday's open after the Dow Jones Industrial Average dived more than 480 points Monday.

A fall on Wall Street has sent Australian stocks lower, while the Reserve Bank of Australia lifts interest rates by 0.25 of a percentage point, taking the cash rate target to 3.1 per cent.

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Despite the Fed’s hawkish stance, the U.S. economy grew in the fiscal third quarter of 2022, along with a resilient labor market. Moreover, an expected slowdown in future rate hikes has raised investors’ sentiment. Therefore, fundamentally sound stocks Coca-Cola Company (KO), Hershey Company (HSY), and Mosaic Company (MOS) could be…

“Inflation remains a problem. Yes, it’s coming down, but it’s not coming down fast enough,” economist Mohamed El-Erian warned over the weekend, pointing to the stronger-than-expected jobs report as evidence.

The Fed’s aggressive monetary policy stance has created widespread recession possibilities for next year. However, stable consumer spending and a hot labor market shows signs of a resilient economy. Amid this scenario, Wall Street favorites Microsoft (MSFT), and Merck & Co. (MRK) could be worth buying, considering their fundamental strength.…

Easing inflation and the Fed’s indication of slowing the pace of interest rate hikes are raising investors’ sentiments. Moreover, the November job report came in better than expected. While uncertainties remain, we think quality stocks Pfizer (PFE), AstraZeneca PLC (AZN), Carrier Global (CARR), J. Jill (JILL), and Lifeway Foods (LWAY)…

November's job growth was better than expected, even after the Federal Reserve’s aggressive action to cool the economy. Moreover, the sound third-quarter GDP growth and analysts predicting a mild recession in 2023 are spurring optimism. Amid this, quality stocks McDonald's (MCD), Cigna (CI), and O'Reilly Automotive (ORLY) might be steady…