Chicago Fed’s Goolsbee Warns Against Cutting Rates on Faster Productivity Gains Alone

Chicago Fed President Austan Goolsbee cautioned against lowering interest rates too quickly in response to stronger…

Correction Risk Builds as Recent Market Rally Faces Three Growing Stress Tests

The market’s recent rally has raised concerns that a correction may be forming as three major…

AI Capex Boom Pushes Global Markets to Fresh Highs as Infrastructure Spending Tops $700 Billion

Global equities are reaching fresh highs as an AI-driven capital expenditure boom continues to reshape market…

Trimmed Mean PCE Emerges as a Test of How the Fed Measures Inflation

Kevin Warsh is weighing whether the Dallas Fed’s Trimmed Mean PCE should become the Federal Reserve’s…

Wells Fargo Says Market Tailwinds Have Played Out as First Stock Sell Signal Since 2021 Appears

Wells Fargo strategists say some of the factors that lifted stocks have played out, issuing their…

Warsh Says Curtailing Fed Transcript Release Could Strengthen Monetary Policy Debate

Kevin Warsh said the Federal Reserve’s release of meeting transcripts can weaken the internal debate needed…

Global Stocks Rise as Oil Slips After U.S. Pauses Hormuz Shipping Effort

Global stocks advanced and oil prices declined after the United States paused an effort tied to…

U.S. Treasury Yields Seen Vulnerable to Breakout as Crude Prices Complicate Inflation Narrative

U.S. Treasury yields are drawing attention as the 10-year note trades in a range that Nomura…

Jobs Data, Strong ISM Readings and AI Spending Signal Resilient U.S. Economy, Journalists Say

John Carney and Liz Peek said strong ISM data, elevated job openings and solid corporate profits…

Dow Jones, Nasdaq and S&P 500 Reclaim Intraday Ground as Traders Watch Trump’s China Visit

US stock benchmarks erased the previous session’s losses intraday as conditions did not worsen further, restoring…