White House adviser Kevin Hassett warns the ongoing government shutdown could severely impact the airline industry and U.S. GDP growth. With disruptions expected to worsen, how will this affect the economy?
After a tough session for tech giants like Nvidia and Microsoft, stock futures show slight gains. With job cuts at a two-decade high, what does this mean for investors? A potential end to the government shutdown may offer hope.
U.S. equities rose significantly on Wednesday as the Supreme Court raised questions about President Trump's tariffs, boosting investor confidence. Major indexes saw gains, with AMD and other AI stocks rebounding from valuation concerns.
In a surprising turn, private companies added 42,000 jobs in October, surpassing expectations and hinting at a resilient labor market. Despite overall gains, small businesses continue to struggle, raising concerns about the recovery's strength.
Asian stocks experienced a rise driven by optimism from the U.S.-China trade truce and increased AI spending. However, uncertainty looms over the longevity of the truce as investors reassess their strategies.
Treasury Secretary Scott Bessent warns that parts of the economy are already in recession and more could follow without interest rate cuts. The Fed's recent decisions and the looming government shutdown add to the uncertainty.
In a surprising turn, mortgage rates have climbed 20 basis points following the Federal Reserve's recent interest rate cut. Discover why the bond market reacted negatively and what this means for homebuyers and refinancers.
In a surprising move, the Federal Reserve has cut its key interest rate for the second time this year, aiming to boost economic growth and hiring amid ongoing inflation concerns. Fed Chair Jerome Powell warns that future cuts aren't guaranteed as the government shutdown complicates economic reporting.
The Federal Reserve has approved its second consecutive interest rate cut, but Chair Jerome Powell's uncertain comments about future reductions have rattled markets. With inflation still above target, what does this mean for consumers and the economy?
The Federal Reserve's recent decision to lower interest rates below 4% has ignited a fierce debate among officials, highlighting economic challenges and potential risks as the government shutdown looms.