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Federal Reserve Chair Jerome Powell is likely to push back on growing investor expectations for a September interest-rate cut, as the rate-setting committee is still divided over its next move.
Social Security beneficiaries may see a 2.7% cost-of-living adjustment in 2026, predicts Senior Citizens League. The annual adjustment, set to be announced in October, could see beneficiaries' ...
Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a September rate cut.
Increasing tariffs on foreign goods and the impact of deportations on the work force cited as job growth slows in Texas.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
The blue chip Dow Jones Industrial Average gained 1.0% to 44,922 on strength in UnitedHealth Group ( UNH, +3.9%) and Nike ( NKE, +3.1%). The IPO market remains hot as evidenced by today's market debut ...
After months of delay, higher tariffs that President Donald Trump had vowed to impose on goods imported from dozens of ...
The 99-cent price, which has been a constant through economic ups and downs of the past 28 years, may longer be tenable now that a 50% tariff on imported aluminum has taken effect.
During the quarter, Voya Global Equity Dividend And Premium Opportunity Fund underperformed its Index largely due to beta ...
U.S. stocks are ticking higher after a rally spurred by hopes for lower U.S. interest rates wrapped around the world.
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