The U.S. trade deficit increased by 6.2% in November as imports surged, driven by industrial supplies and materials. Concerns over incoming tariffs from the Trump administration led to stockpiling of ...
Historically, Wall Street tends to perform strongly in December. Specifically, the S&P 500 has exhibited positive returns in December 74% of the time since 1950, per LPL, which is more frequent than ...
FWDBONDS chief economist Chris Rupkey said Trump's plans for spending, tax cuts, and tariffs risk halting inflation's climb downward. "After cutting rates at three straight meetings, the rate cuts ...
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. The market is spooked by an inflation-concerned Fed not smashing the pedal down to ...
The leading indicators index, a measure of future economic activity, increased 0.3 in November for its first monthly gain since 2022, on strength in the stock market, decreasing unemployment ...
“The incoming president-elect and his economic advisers will have to come up with something new to fix as the economy is already motoring along at the 3% speed limit,” said Chris ...
WASHINGTON – US retail sales increased more than expected in November as households stepped up purchases of motor vehicles and online merchandise, consistent with strong underlying momentum in ...