The U.S. economy is facing a potential crisis as the national debt continues to rise, sparking concerns among economists and analysts. What Happened: Deutsche Bank?s Jim Reid expressed his concerns about the U.S. fiscal situation.
JPMorgan Chase & Co. CEO Jamie Dimon delivered a sobering assessment of the economic landscape at the bank's annual investor day on Monday. The head of the nation's largest bank warned that markets are displaying an "extraordinary amount of complacency" in the face of mounting risks from tariffs, record U.S. deficits and geopolitical tensions.
It's no secret that real estate brokerage and mortgage origination service provider Redfin Corp (RDFN) is struggling. Fundamentally, analysts refer to the above concept as value compression. Regarding interest rates, the Federal Reserve is keeping a watchful eye on core economic metrics.
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the ?Greed? zone on Friday. U.S. stocks settled higher on Friday, with the S&P 500 recording gains for the fifth straight session and also notching weekly gains.
The University of Michigan?s May consumer survey delivered a jarring message to Wall Street and policymakers: sentiment among American consumers has plunged to the lowest levels since June 2020, while expectations for inflation surged to heights last seen during the early 1980s.
Federal Reserve Chair Jerome Powell said Thursday that the central bank is rethinking its approach to inflation and employment, signaling possible changes to the Fed's policy strategy as part of a major review underway in 2025.
April retail sales data showed that the round of tariffs announced by President Donald Trump on ?Liberation Day? started to produce their effects by reducing household consumption.
The Consumer Price Index was 2.3% higher than a year ago, the Bureau of Labor Statistics said Tuesday, below the economists? expectations of 2.4% and the previous reading. The monthly gain was 0.2%, rebounding from a prior decline of 0.1%, yet falling short of a 0.3% forecast.
Shares of Snowflake Inc (SNOW) have climbed 4.9% to $181.90 since Monday's open, tracking broad tech sector gains following a U.S.-China trade breakthrough. What To Know: The two nations agreed to slash tariffs on each other's goods ? U.S. rates falling from 145% to 30%, and China's from 125% to 10% ? in a 90-day de-escalation window starting May 14.
Consumer prices in the U.S. eased faster than expected in April, with fresh tariffs introduced by President Donald Trump appearing not to have a swift and tangible impact on the cost of living. The Consumer Price Index was 2.3% higher compared to a year ago, the Bureau of Labor Statistics said Tuesday, missing economists' expectations of 2.4% and the previous reading.
The Consumer Price Index for April, due Tuesday morning, could test Wall Street's renewed bullishness after a major U.S.-China tariff rollback fueled risk-on sentiment. Despite a slightly defused trade war, the inflation print could tighten the Fed's hand further, especially if prices came in hotter than forecast.
Citadel founder Ken Griffin is sounding the alarm on President Donald Trump?s tariff policies, warning they have ?unleashed an era of crony capitalism? where the government picks ?winners and losers? in the economy. What Happened: ?Tariffs open the doors to crony capitalism,? Griffin told Politico at the Milken Institute?s Global Conference.
After a trade-induced slowdown bruised the economy in early 2025 and with another dip forecast for this coming fall, Wells Fargo says the Federal Reserve is poised to cut rates aggressively amid deteriorating labor market conditions.
Increasing pressure from rising borrowing costs could soon force Washington to scale back its protectionist stance. In a note shared Friday, Hartnett said the U.S. trade deficit hit a record $140 billion in March, highlighting decades of structural imbalances that have pushed American policymakers toward a protectionist posture.
The Federal Reserve kept interest rates steady Wednesday between 4.25% and 4.50%, marking the third consecutive pause in rate policy and extending the wait for potential homebuyers seeking relief from elevated mortgage costs.
U.S. stocks traded higher this morning, with the Dow Jones index gaining over 200 points on Thursday. Following the market opening Thursday, the Dow traded up 0.57% to 41,349.21 while the NASDAQ gained 0.84% to 17,886.92. The S&P 500 also rose, gaining, 0.62% to 5,666.44. Check This Out: Uber To Rally Around 20%? Leading and Lagging SectorsEnergy shares rose by 1.3% on Thursday.
Bank of America is doubling down on its call that the Federal Reserve will not cut interest rates in 2025, underscoring the central bank's growing discomfort with a dual threat of rising inflation and unemployment revealed at this week's policy meeting.
Economist Brad Setser is raising concerns regarding the quiet shift in how China reports its trade surpluses, a change he says is masking billions of dollars in unreported income and capital outflows.
The Federal Reserve kept its fed funds rate steady at 4.25%-4.50% on Wednesday, a widely expected move that marks the third consecutive pause in interest-rate policy. "Uncertainty about the economic outlook has increased further," the Fed noted in its post-meeting statement. The May meeting was the first since President Donald Trump's early April announcement of new trade tariffs.
As Wall Street gears up for Federal Reserve Chair Jerome Powell's press conference on Wednesday at 2:30 p.m. ET, all eyes are on his messaging rather than the central bank?s policy action. The Fed is widely expected to hold interest rates steady at 4.25%-4.50% for a third consecutive meeting, but what Powell says could move markets.
As Federal Reserve officials gather Tuesday and Wednesday to calibrate rates, JPMorgan strategist Mislav?Matejka is warning investors not to count on Wall Street as a recession shelter.
As the Federal Reserve convenes this week, the cryptocurrency market is closely monitoring signals that could influence Bitcoin?s trajectory. With the Fed expected to maintain its benchmark interest rate at 4.25%?4.50% on Wednesday, attention turns to Chair Jerome Powell?s commentary for indications of future monetary policy shifts.
TopBuild Corp. (BLD) shares were trading higher premarket on Tuesday after the company reported first-quarter 2025 sales of $1.23 billion, which was in line with the consensus. Sales declined 3.6% YoY, mainly due to a 6.7% drop in the Installation segment, driven by a slow start in new residential construction.
The two-day Federal Open Market Committee meeting kicks off Tuesday, and concludes with a federal funds rate decision and Fed Chair Jerome Powell?s press conference slated on Wednesday. Economists broadly agree the Fed will keep interest rates unchanged.
The U.S. trade deficit widened sharply to an all-time high in March as American companies rushed to import foreign goods ahead of President Donald Trump?s sweeping new trade tariffs.
Billionaire investor Bill Ackman believes inflation has largely been ?wrung out of the economy? and predicts global economic conflicts could resolve within six to nine months, while advocating for a temporary pause on China tariffs to protect U.S. businesses.
Treasury Secretary Scott Bessent defended President Donald Trump?s economic agenda on Sunday in an op-ed, arguing that the administration?s approach will benefit Main Street while maintaining Wall Street?s strength.
After a bruising tariff-driven selloff in early April, U.S. equities have staged an astonishing comeback. In just 20 trading sessions, the S&P 500 index ? as tracked by the SPDR S&P 500 ETF Trust (SPY) ? has recouped its post-tariff announcement losses and entered May on its longest winning streak since November 2023.
The U.S. manufacturing sector shrank for the second straight month in April, driven by weakening demand and rising price pressures linked to tariffs, according to the latest data from the Institute for Supply Management. The ISM Manufacturing Purchasing Managers? Index fell from 49% in March to 48.7%, its third consecutive monthly decline.
Exxon Mobil Corp (XOM) shares dropped 11.2% in April, trading at $105.68, as the energy giant faces growing pressure from falling crude oil prices and mounting global economic uncertainty.
President Donald Trump renewed his criticism of the Federal Reserve for holding off on interest rate cuts. What Happened: On Tuesday, Trump once again called out the Federal Reserve for not cutting interest rates in an interview with ABC News, marking the 100th day milestone of his second term in office.
The odds that the U.S. slips into recession in 2025 sailed to a record high Wednesday on Polymarket after first-quarter GDP showed a contraction. What happened: Odds jumped to 72% in the early hours on the Polygon-based betting platform before dipping to 62% late in the evening.
President Donald Trump deflects blame for the U.S. economy's 0.3% contraction in the first quarter onto his predecessor, despite clear evidence indicating otherwise. What Happened: On Wednesday, Trump posted on Truth Social, blaming former President Joe Biden for the country?s Gross Domestic Product contracting by 0.3% during the first quarter.
Wingstop Inc. (WING) shares traded higher on Wednesday after the company reported first-quarter results. The restaurant franchise reported first-quarter earnings per share of 99 cents, beating the street view of 90 cents. System-wide sales rose 15.7% to $1.3 billion in the first quarter of FY25. The company added 126 net new locations, with domestic AUV reaching $2.1 million.
Snap Inc's sharp stock fall Wednesday following its first-quarter earnings is weighing on peer platforms like Reddit Inc (RDDT), highlighting investor unease with digital ad-reliant social media companies. Major indexes also declined Wednesday following news of a first-quarter GDP contraction, likely adding pressure to Reddit (RDDT) shares as well.
Following President Donald Trump?s dismissal of two federal labor board members, Federal Reserve Chair Jerome Powell is closely monitoring the situation, given its possible impact on his job security.
At a Michigan rally commemorating the 100th day of his second term, President Donald Trump once again remarked on Federal Reserve Chair Jerome Powell, claiming the superiority of his own knowledge over the former's without taking his name.
Wall Street betting markets are on fire just hours before the first-quarter GDP release, with odds of a negative U.S. growth print soaring after months of trade war escalation and a record-breaking goods deficit. According to Kalshi, a CFTC-regulated prediction market, the probability of a contraction in U.S. GDP for the first quarter surged to 65% on Tuesday, just one day before the data drop.
The?Federal Reserve?revoked its guidance for banks that required them to inform the regulator before engaging in any cryptocurrency-related activity on Thursday. What Happened: The Fed retracted its 2022 supervisory letter that mandated banks to notify in advance about their?cryptocurrency endeavors, among other risk management practices and compliance controls, according to a press release.
U.S. durable goods orders jumped sharply in March, marking the biggest gain since July 2024, but the high single-digit headline spike hides a mixed picture that casts doubt on whether factory momentum was firing on all cylinders ahead of Trump's April 2 tariff move.
American economist Kenneth Rogoff says that the Federal Reserve?s autonomy is a lot more fragile than most people realize. What Happened: On Wednesday, while appearing on the In Good Company podcast, Rogoff spoke extensively on the recent conflict between President Donald Trump and Fed Chair Jerome Powell.
Super Micro Computer, Inc. (SMCI) stock is trading higher amid overall market strength after President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell. The Details: According to the Wall Street Journal, Trump told reporters he wants Powell to "be a little more active in terms of his idea to lower interest rates," but added, "no, I have no intention to fire him."
U.S. Treasury Secretary Scott Bessent called for a sweeping overhaul of the International Monetary Fund and World Bank, criticizing China's export-driven model and urging a global economic reset aligned with the Trump administration's redefined vision of the Washington Consensus.
Despite President Donald Trump?s persistent criticism, Federal Reserve Chairman Jerome Powell is not rushing to cut interest rates. What Happened:?Trump has been outspoken on social media, referring to Powell as ?Mr Too Late? and ?a major loser? for what he sees as a reluctance to ease policy.
The first big economic pulse check since President Donald Trump's tariff announcement arrives Wednesday, and Wall Street is watching closely. S&P Global will release its flash Purchasing Managers? Index surveys for April, covering the United States, the United Kingdom, Germany and France.
Plug Power Inc (PLUG) shares are trading higher by 11.5% to 88 cents Tuesday afternoon. What To Know: Tuesday?s market bounce followed Monday's sell-off, which was triggered by the Trump administration?s pressure on the Federal Reserve. Sentiment improved further after U.S. Treasury Secretary Scott Bessent signaled a potential easing in U.S.-China tensions.
The International Monetary Fund has sharply downgraded its 2025 growth forecast for the United States, citing President Donald Trump's sweeping tariffs and a surge in economic uncertainty as major headwinds. In its April 2025 World Economic Outlook, the IMF now projects U.S. GDP growth at just 1.8% for the year, marking a 0.9 percentage point cut from its January forecast.
Bitcoin is regaining attention as a hedge against systemic risk as concerns mount over the independence of the U.S. Federal Reserve. What Happened: According to Standard Chartered?s Global Head of Digital Assets Research, Geoffrey Kendrick, Bitcoin has a dual role as both a tech-correlated asset and a safeguard against private and public sector financial disruptions.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
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