The Federal Reserve has posted its first operating loss since 2011, marking a stark turn in the central bank’s history since the 2008 financial crisis. Additionally, these negative earnings may put more pressure ...
Mortgage rates eclipsed 7% in late October 2022, their highest in over 20 years. This has discouraged countless potential buyers from purchasing a home and instead resorting to renting or staying where they ...
Equity markets rebounded in November as stabilization in rates and inflation stirred optimism that lower rates would eventually materialize. The Dow Jones Industrial Average, S&P 500 Index, and the Nasdaq all climbed modestly ...
The most recent measure of food inflation is 8.2%, with 2022 inflation at the highest level since inflation in the 1980s, and the category seeing the harshest hikes appears to be food prices. ...
Chinese exports are crucial for nearly all countries around the world and reflect the status of the global economy, whereas now both are experiencing a slowdown. Chinese exports expanded just 7.1% in August ...
Markets reacted to indications that the Fed might slow its pace of rate increases heading into the new year. Such a change in monetary policy would be positively received by financial markets with ...
(all values as of 11.30.2022) Stock Indexes: Dow Jones 34,589 S&P 500 4,080 Nasdaq 11,468 Bond Sector Yields: 2 Yr Treasury 4.38% 10 Yr Treasury 3.68% 10 Yr Municipal 2.75% High Yield 8.46% ...
During the Great Resignation in 2021, when increasingly high amounts of employees quit their jobs, the trend was confidence in the ability to work remotely and be self-employed. This confidence led to historically ...
The July 2022 World Economic Outlook revealed that the global economy’s future is “gloomy and more uncertain.” The key economies of China, Russia, Europe, and the United States all have critical issues in ...
The Fed has increased interest rates by 3% over 3 months, the largest increase since 1982, as a response to the highest inflation in over 40 years. The root of this inflation, in ...