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 Elvis Guaman | Jan 8, 2025 | Economics, Investing News, Market News, Stock Market
U.S. markets opened on Wednesday in the red as investors reacted to a new economic proposal from President-elect Donald Trump. Reports emerged that Trump might declare a “national economic emergency” to enable a more aggressive approach to import tariffs....
by Andy Liao | Nov 20, 2024 | International Buzz, Investing News, Market News, Politics, Retail
On Wednesday, U.S. stock markets opened lower, reflecting a mix of geopolitical and corporate concerns that weighed heavily on investor sentiment. One significant factor contributing to the market downturn was the escalating tensions between the U.S., Ukraine, and...
by Bryant Lum | Aug 21, 2024 | Economics, Investing News, Market News, Market News, Retail, Stock Market, The Market Buzz
In a challenging turn for retail giant Macy’s, the company has reported another quarter of declining sales, revealing a troubling trend that continues to grip its financial performance. For the latest quarter, Macy’s reported sales of $4.9 billion, falling short of...