The S&P 500 reached an all-time high Tuesday as investors returned to major technology stocks, new AI spending plans lifted market sentiment, and an early drop in oil prices eased concerns about inflation. The benchmark index rose 0.58% to...
Bitcoin jumped to its highest price since January on Monday, pushing toward $86,000 as a sharp wave of short liquidations, renewed exchange-traded fund inflows, and improving risk sentiment lifted the cryptocurrency market.
The world's largest cryptocurrency traded as high as...
Major US stock indexes ended lower as Brent crude climbed above $95 a barrel, reviving inflation concerns and uncertainty over the Federal Reserve’s next move.
Wall Street began September with broad losses on Tuesday, September 1, after a renewed US...
US President Donald Trump announced new steps aimed at reshaping the housing market, placing restrictions on large institutional investors while pushing for lower borrowing costs. The proposals place Trump and the housing market at the center of a broader...
JPMorgan Chase CEO Jamie Dimon is sounding the alarm on the direction of the US economy, cautioning that the full impact of trade tensions, immigration policies, and previous fiscal measures has yet to emerge.
Speaking during a podcast interview, Dimon...
This year has been great for gold prices, as the precious metal has broken price records repeatedly throughout 2024. As of September 25th, the most traded gold futures contract has reached a new record price of $2,687.30.
This record-breaking price...
After July's poor jobs report in the US, all eyes were on August's report to measure the state of the United States economy, especially considering that speculation about a possible cut to the interest rate by the Federal Reserve...
The number of US citizens applying for unemployment benefits has increased significantly. According to the Labor Department, unemployment claims rose by 4,000 to 232,000 for the third week of August. The four-week average, however, ticked down by 750 to...
Inflation in the US is at its slowest since 2021, increasing chances that the Federal Reserve will start cutting interest rates. This optimism comes after the United States Labor Department reported that, over the last year, prices rose by...
Brian Moynihan, the CEO of Bank of America, has said the financial institution no longer sees recession as inevitable. Moynihan credits the Biden administration and Federal Reserve for avoiding financial disaster.
In an interview with CBS, the Bank of America...
