It’s going to be hard to count on another strong month for stocks after September’s performance. The final month of the third quarter has been surprisingly good for investors. Often…
Category: Bussiness
Key Fed inflation gauge at 2.2% in August, lower than expected
Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday. The personal consumption expenditures price index, a…
David Tepper's big bet after the Fed rate cut was to buy 'everything' related to China
Billionaire hedge fund founder David Tepper said his big bet after the Federal Reserve’s rate cut was to buy Chinese stocks. “I thought that what the Fed did last week…
The Fed slashed interest rates last week, but Treasury yields are rising. What's going on?
Construction work is done around the Federal Reserve building on September 17, 2024 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images With its larger-than-normal cut last…