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

The U.S. housing market is facing a seismic shock. Mortgage rates skyrocket to levels not seen in over two decades.

Upon seeing the data, City markets immediately discounted the likelihood of a half-point ‘jumbo hike’ from the Bank of England next month

A year ago, Chair Jerome Powell warned that to fight high inflation, the Federal Reserve would continue to sharply raise interest rates, bringing “some pain” in the form of job losses and weaker economic growth

Asian markets are trading mixed ahead of Fed Chair Jerome Powell’s highly anticipated speech later in the week

Despite indications of the U.S. economy potentially navigating toward a sought-after soft landing, lingering threats of credit rating downgrades could persevere the market uncertainty moving forward. Against this backdrop, investing in appropriate bond exchange-traded funds (ETFs), such as Vanguard Total Bond Market Index Fund (BND), First Trust Low Duration Opportunities…

Asian stocks have followed Wall Street higher as traders wait for signs of interest rate plans from this week’s Federal Reserve conference

The consumer industry’s prospects look bright, fueled by its inelastic demand and easing inflation. Therefore, three fundamentally sound consumer stocks, Henkel AG & Co. (HENKY), Ennis, Inc. (EBF), and Acme United Corp. (ACU), could be solid portfolio additions now. Keep reading….

Given the potential for elevated inflation, the Federal Reserve may not consider loosening the monetary policy soon. Therefore, the market volatility could continue in the foreseeable future. Amid this backdrop, the Vanguard High Dividend Yield ETF (VYM) stands out as an investment poised to provide a reliable income flow. Read…

As the title of this article implies, Steve Reitmeister believes now is the time to buy the dip for the stock market. Simply 4,600 was too high for the S&P 500 (SPY) given current conditions. And the recent trip down towards 4,300 is too low. The key is knowing which…

Stocks broadly have been retreating in August after the best seven months of the year, with rising worries over elevated interest rates weighing on sentiment. Amid this, should you buy, hold, or sell Vanguard FTSE Emerging Markets ETF (VWO) and Global X Emerging Markets Internet & E-commerce ETF (EWEB) now?…

All three major indexes closed lower Thursday as the 10-year Treasury yield hit its highest level since 2008.