A new report points to plenty of momentum in consumer spending heading into the second quarter.
Confidence for a relatively shallow drawdown is supported by broad market breadth, cyclical leadership trends and economic resiliency.
Lots of new units hitting the market helped stabilize things this year, but there's already reason to worry.
The investment company is forecasting that inflation will finish the year at about 3.5%.
New York area airports have improved their standing after multibillion-dollar improvements.
Global yields rose today as markets adjusted to central banks keeping interest rates higher for longer.
Fed President John Williams said he expects “bumps along the way” in the effort to rein in inflation.
But they also think volatility will continue over the year.
Firms like Goldman Sachs and JPMorgan have helped encourage the city's return to the office.
The Philadelphia Fed said almost 3.5% of card balances were at least 30 days past due at December's end.
The firm is skimming some profits as Magnificent 7 stock returns start to diverge.
Home purchase applications fell by the most since mid-February.
As rate cuts now seem far away, it's corporate earnings keeping bulls optimistic.
Wall Street traders sent stocks and bonds sliding after a hotter-than-estimated inflation report.
Loomis Sayles asset managers say the post-pandemic world has not been kind to Europe's largest economy.
The $3.6 trillion asset manager thinks the Fed will front-run monetary easing ahead of the presidential election.
The first quarter earnings season will benefit from an improving economic environment and continued strength in technology.
The Fed cutting rates in June will depend on monthly inflation numbers and particularly CPI numbers in the near term.
The Treasury market has struggled to find a bottom this year as the economy has defied gloomy forecasts.
“There's no urgency right now,” Dallas Fed President Lorie Logan said.