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The bond market is selling off after traders got their Fed forecasts wrong

"We could easily get a scenario where the Fed will basically have to reverse course and begin to st…

Matthew Fox   


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Stock market today: Dow ends at a record high as markets see rising odds of another big rate cut

Odds of another 50 basis point rate cut at the Federal Reserve's next FOMC meeting in November hit …

Matthew Fox   


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Stock market today: Indexes extend gains as investors gear up for fresh economic data

Minneapolis Fed President Neel Kashkari said he expects the Fed to cut interest rates by another 50…

Matthew Fox   


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Minneapolis Fed chief Neel Kashkari says policy makers 'need not overreach' to the short-term jump in inflation

"If we overreact to a short-term price increase, that can set the economy back over the long term,"…

Carla Mozée   


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Stock market today: Mega-cap tech drives S&P 500 and Nasdaq to record highs

Shares of Microsoft, Apple, and Broadcom all surged between 1.5% and 5% on Tuesday while Nvidia, Am…

Matthew Fox   


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Stock market today: Indexes dip as traders take a breather after record-setting week

Goldman Sachs boosted its year-end S&P 500 price target to 5,600, while Evercore ISI raised its tar…

Matthew Fox   


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Rupee falls 4 paise to 79.87/US dollar in early trade

The rupee depreciated 4 paise to 79.87 against the US dollar in opening trade on Wednesday, trackin…

PTI   


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Stock market today: Nasdaq hits record, Dow tumbles as bond yields spike

The 10-year US Treasury yield jumped back above 4.5% on Tuesday after weak demand at the latest gov…

Max Adams   


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Stock market today: Nasdaq hits record ahead of new inflation data

From housing data to GDP to the Fed's favorite inflation gauge, the post-holiday week will contain …

Max Adams   


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Fed's Kashkari warns Delta variant fears are keeping millions from restarting work and could slow the labor market's recovery

Kashkari had hoped that the fall season would revive the job market with millions going back to wor…

Shalini Nagarajan   


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Stock market today: US stocks rise ahead of a big week with April inflation on deck

With a slew of economic data and comments from Federal Reserve Chairman Jerome Powell, it's shaping…

Matthew Fox   


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Stock market today: Dow aims for 8-day win streak with next week's CPI report in focus

A number of Fed officials will speak Friday, and investors will be listening in for any clues on in…

Matthew Fox   


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Stock market today: US stocks end mostly higher as multi-day rally pushes on

The Dow continued its winning streak for a fifth straight session. Fed President Neel Kashkari gave…

Filip De Mott   


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Stock market today: Indexes extend gains as traders eye Fed speakers for rate clues

The equity rebound is entering its fourth day after last week's jobs report brought back hope for a…

Filip De Mott   


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Fed's Kashkari says Reddit-driven stock gains don't merit a policy response, and if investors lose money then 'that's on them'

The dovish central banker said if two groups of speculators want to battle it out over an individua…

Shalini Nagarajan   


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Stock market today: US stocks rise after hot jobs report highlights economic strength

The US economy added 303,000 jobs in March, ahead of economist estimates of 212,000, helping push t…

Matthew Fox   


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Stock market today: US indexes fall as Fed President tempers rate-cut hopes, oil tops $90

US stocks fell Thursday as Fed rate cut hopes cooled, while oil surged before March job report.

Yuheng Zhan   


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Skyrocketing savings rate means Congress can pass economic stimulus for cheap, Fed's Kashkari says

"We will be able to pay off the debt" once the economy resumes growth and Americans tap their boost…

Ben Winck   


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Fed officials fear lack of stimulus will stifle the US economic recovery, according to September meeting minutes

The Fed meeting came roughly three weeks before President Trump abruptly halted negotiations on a n…

Ben Winck   


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Stock market today: US stocks close mixed as investors await this week's Fed testimony

Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, offering clues as …

Filip De Mott