by Lucas Shum | Sep 4, 2024 | Domestic, Economics, Investing News, Market News, Stock Market
Stocks are beginning to recover after a slight dip on Tuesday, which saw the S&P 500 and Nasdaq Composite each slip about 0.3%. The Dow Jones Industrial Average also fell, losing 55 points, or 0.15%. Despite the initial losses, the market showed signs of...
by Ming Mui | Aug 23, 2024 | Economics, International Buzz
In a notable shift for the currency markets, Britain’s pound rose by 0.48% to $1.3160, reaching its highest level since April 2022. This recent uptick not only marks a significant milestone but also surpasses the previous 13-month high of $1.3144. The...
by Elvis Guaman | Aug 23, 2024 | Domestic, Economics, Market News, Market News, Stock Market, The Market Buzz
In a dramatic turn of events this morning, stock markets soared following Federal Reserve Chair Jerome Powell’s highly anticipated speech at the Jackson Hole Economic Symposium. Powell’s announcement of potential interest rate cuts, paired with a cautious...
by Lucas Shum | Aug 20, 2024 | Domestic, Economics, Market News, Stock Market, The Market Buzz
In a notable shift from recent bullish trends, U.S. stock markets experienced a decline today, snapping an impressive eight-day winning streak. The downturn comes as investors grapple with anticipation surrounding potential changes in Federal Reserve policy,...
by Jessica Gwathney | Aug 19, 2024 | Economics, Life Style, Personal Finance
As the Federal Reserve prepares for its annual economic symposium in Jackson Hole, Wyoming next week, financial markets and economists are abuzz with speculation about potential federal rate cuts. The symposium, renowned for shaping monetary policy and economic...
