American households have never held such a concentrated share of their wealth in stocks, even as growing fears of an AI-driven bubble weigh on markets. According to Goldman Sachs, household financial assets tied to stocks have grown faster than housing wealth almost everywhere, with …
The Federal Reserve voted 9-3 on Wednesday to hold its key interest rate steady in a range between 3.5% and 3.75%, despite growing support among some officials for a rate increase amid inflation that has remained above the Fed's 2% target for more than …
The Federal Reserve's preferred measure of inflation is likely to show consumer prices decelerating in June, according to economists surveyed by Dow Jones Newswires and The Wall Street Journal, with the Bureau of Economic Analysis report expected to show prices rose 3.7% over the …
As semiconductor and other AI-related stocks continue sliding, credit rating agency Fitch has warned that the possibility of a protracted AI-related market correction could pose a major credit risk. In a report released Monday, Fitch said the combination of revenue uncertainty and the extent …
Economists and investors got their latest look at the Federal Reserve's new era of communication with Wednesday's FOMC statement, which marked the second such release under Chairman Kevin Warsh since he pledged a significant shakeup of how the central bank projects its policy expectations …
A report Thursday from the Bureau of Economic Analysis is expected to show inflation-adjusted GDP grew at an annualized rate of 1.8% in the second quarter, down from 2.1% in the first quarter, according to a survey of economists from Dow Jones Newswires and …
President Trump said Wednesday he will order heavy strikes on Iran in retaliation for what he described as a surprise attack on US forces overnight, an escalation that punctured a multiday pause in Middle East hostilities. Trump told reporters the response would be forceful, …
The Federal Reserve left the federal funds rate unchanged at 3.50% to 3.75% for a fifth consecutive meeting in July 2026, an outcome in line with broad market expectations even though investors had assigned roughly a one-in-three probability to a surprise rate hike heading …
More Americans are starting new businesses, but today's entrepreneurs are notably less likely to plan for hiring workers compared with prior years. According to a report from Bank of America Institute released this week, new business applications rose approximately 15% year over year as …
The yield on the US 10-year Treasury note edged up to 4.64% on Wednesday, holding onto earlier gains after the Federal Reserve left the federal funds rate unchanged, an outcome broadly in line with market expectations despite lingering uncertainty heading into the decision. Markets …