The Standard & Poor’s 500 index soared 2.3% last week and is on track to close the first quarter of 2024 with a gain of more than 10% — more than four times the
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Jamie Dimon, CEO of JP Morgan Chase, the largest U.S. bank, warned that a “hurricane” was about to hit the U.S. economy in June 2022, and Ray Dalio, founder of
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It was a big week for federal government data. Here are six charts encapsulating the latest news on economic fundamentals driving investment prices. The U.S
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The picture of the week capturing current economic trend this week comes from the New York Federal Reserve Bank’s Nowcast released Friday March 1, 2024. The
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The Conference Board (TCB), the big business think tank that maintains the U.S. Index of Leading Economic Indicators (LEI), backed off its prediction for a
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Stock prices are breaking record highs, while Houthi rebel provocations are drawing the U.S. closer to bombing Iran...
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The Federal Reserve System, the nation’s central bank, has a dual mandate to pursue maximum employment and maintain price stability. These two priorities are
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Consumer prices rose 3.1% in January, higher than economist forecasts, housing starts slowed sharply, and retail sales slowed, according to government data
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New Year’s resolutions usually fail because they‘re often too hard to achieve. After six months, only 10% of people who make resolutions achieve them or remain
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The Standard & Poor’s 500 stock index closed Friday at 5026.61, breaking its all-time and closing above 5000 for the time ever. Stocks have been repeatedly
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The 12-month inflation rate, as measured by the personal consumption expenditures (PCE) index, was 2.6% in December, down from its peak of 7.1% in June 2022
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The U.S. created 353,000 net new jobs in January, twice the number expected by Wall Street and far exceeding the 255,000 averaged monthly in the 12 months
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