Economic News
- Stock Market
How investors can profit if the markets get carried away with 2024 rate-cut hopes
A top strategist at Goldman Sachs Group has a recommendation for traders who think markets have once again been too…
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Why the U.S. economy isn’t out of the woods as stock market soars
A rally in the U.S. stock and bond markets in the past week defied the bears and fueled hopes for…
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U.S. job-growth data looms large on markets’ radar this coming week
Markets seem captivated by the prospect of future declines in U.S. inflation, Federal Reserve interest-rate cuts and no recession. These…
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Gold futures soar to record close. Here’s what’s driving the rally.
Gold futures ended Friday at their highest on record, with prices on the cusp if a so-called golden cross —…
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Apple’s bonds have seen equity-like returns in the past month
Investors who were savvy enough to buy Apple Inc. bonds in October are now looking at equity-like returns, as prices…
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When will mortgage rates go down? Realtor.com is predicting when buyers will ‘start to see some relief’
The 30-year mortgage rate will fall below 7% by April 2024, Realtor.com says in its housing forecast for next year.…
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Favoring 5% savings accounts and CDs over stocks now? Think again.
Perhaps the Federal Reserve is finished raising interest rates, and perhaps the first rate cuts are just months away. Still,…
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The global economy isn’t out of the woods, despite what you’re hearing
In the run-up to 2023, the outlook for the global economy appeared bleak. Analysts predicted that Russia’s invasion of Ukraine…
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U.S. housing starts rise for the second straight month
The numbers: Construction of new homes rose 1.9% in October, as builders amped up new projects. The pace of construction…
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Investors are thrilled inflation is down. Consumers aren’t so happy. Here’s why.
According to investors, Tuesday’s inflation report was something to celebrate. After the latest numbers from the Labor Department showed that…
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