News & Events

Interest Rate Cuts Are Coming, But Not at the Next Fed Meeting. Here's What That Means
For months, we’ve been hearing that if inflation goes down, the Federal Reserve -- which is responsible for keeping prices stable -- will start cutting interest rates. Cooling consumer prices and...

Dow surges more than 700 points as the stock market gears up for rate cuts
...inflation would allow the Fed to cut rates and ease the ultra-tight housing market. Sky-high interest rates have led homeowners to hold off on selling their homes to keep their pandemic-era...

Only 27% Of U.S. Cannabis Businesses Are Profitable, Survey Shows
Cannabis businesses in the U.S. continue to struggle to break even—let alone become profitable—and a new survey illustrates the situation in terms of robust, data-driven numbers. On Wednesday,...

Americans Saved The Least Amount Last Month Since 2022—As Wallets Remain Light Despite Strong Economy
Topline Americans’ leftover income fell to its lowest level since 2022 last month, according to government data released Friday morning, as the effects of the high-inflation economy roar even as...

Vanguard Says Maybe the Fed Will Cut Rates Once This Year
Investment and retirement giant Vanguard has been taking a contrarian view of the economy and what is likely necessary to happen. One of those views is that the Federal Reserve might not have the...

Bullish vs. bearish investors: What’s the difference?
If you follow the stock market at all, you’ve probably heard plenty of references to bulls and bears. But what do these animals have to do with investing? Let’s take a look at what people mean when...

Financial astrology: Using the stars to ‘predict’ market shifts
While many investors rely on stock screeners and economic indicators to pick investments, others turn to the stars. Financial astrology is the belief that celestial bodies — the sun, moon and planets...

U.S. gets its first big economic report card after Biden drops his campaign
The health of the economy always looms large for voters. So the report should be great news for President Biden and Vice President Harris. But the reality is, a lot of Americans aren’t feeling it.

2.8% Growth Vs. 28% Recession Risk: The New Economic Landscape In 2024
Moderate economic growth usually doesn’t justify celebration, but given last year’s pessimism, it’s time for fireworks and sparklers. Gross domestic product last quarter increased by 2.8%, a hair...

What you need to know about America’s shockingly good economic report
Washington CNN  —  The US economy just got its latest health check, and it looks promising. Gross domestic product, which measures all the goods and services produced in the economy, registered...