A team of economists and strategists at BofA Securities is holding on to its view that the Federal Reserve's interest-rate-cutting cycle is done, considering that the labor market is stabilizing ...
The Russell 2000 index RUT, a broad gauge of small-cap equities in the U.S., finished Monday with a modest gain but remains down 1.6% year to date, according to FactSet data. The index's sharp fall ...
The term premium is meant to measure duration risk, or the risk inherent in owning a Treasury that matures in 10 years ...
Nearly 65 million tourists came to New York last year, a 3.5% increase over 2023, according to the mayor’s office. Next year, visitors will return to pre-pandemic levels of 67 million, and hotel ...
The International Monetary Fund will forecast steady global growth and continuing disinflation when it releases an updated ...
The Federal Reserve lowered the target for the federal funds rate by another quarter point last week while signaling fewer rate cuts in 2025 than previously anticipated. This approach aligns with the ...
U.S. job growth surged and unemployment fell last month, an unexpected show of strength that may prove costly to homebuyers ...
The headline The economy added 256,000 jobs in December, and the unemployment rate fell a tenth of a percentage point to 4.1% ...
In the wake of the report, traders believe it’s a near certainty that the Fed will keep interest rates steady at its January ...
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
Money-supply growth rose year over year in November for the fourth month in a row, the first time this has happened since the ...
Stocks in Asia are set to follow US peers lower after a selloff in Treasuries deepened on bets the Federal Reserve won’t cut ...