by Disun Holloway | Mar 14, 2025 | Domestic, Economics, Market News, Politics
Recent data from the University of Michigan’s consumer sentiment survey paints a grim picture of Americans’ economic outlook. Released on Friday, the survey revealed a sharp decline in consumer sentiment, with the index dropping to 57.9, the lowest level since...
by Bryant Lum | Feb 12, 2025 | Domestic, Economics, Market News, Stock Market
On Wednesday, major U.S. markets found themselves teetering on the line between gains and losses as investors digested the latest economic signals from the Federal Reserve. The uncertainty stemmed largely from a significant shift in the market’s expectations...
by Elvis Guaman | Jan 29, 2025 | Domestic, Economics
The Federal Reserve is widely expected to hold interest rates steady at its upcoming FOMC meeting, following a series of three consecutive rate cuts at the end of 2024. Central bank officials are signaling that the current policy stance is appropriate for now, as they...
by Ming Mui | Dec 4, 2024 | Investing News, Market News, Travel
JetBlue Airways (JBLU) saw a significant 10% rise in its stock price during early morning trading today after the airline announced a more optimistic outlook for its 2024 revenue. The airline, which has faced challenges from rising fuel costs and an uncertain economic...
by Ming Mui | Oct 31, 2024 | Investing News, Market News, Stock Market, Uncategorized
On Thursday midday, the NASDAQ Composite faced a significant downturn, slipping over 2% into the red. This decline comes as investors brace for anticipated earnings reports from major technology companies, including Amazon and Apple, which are scheduled to be released...