Curated Video
Stocks Close Off Session Lows as Rate Hike Concerns Linger
U.S. stocks closed off their session lows on Tuesday, as losses continue following comments from Fed chair Jerome Powell, which signaled the central bank will continue to make efforts to lower inflation with rate hikes. The S&P 500...
Curated Video
Stocks Close Higher Ahead of Fed's Jackson Hole Meeting
Stocks closed Wednesday's session higher, as investors prepare for comments from Federal Reserve Chairman, Jerome Powell, at the U.S. central bank's Jackson Hole Economic Symposium tomorrow. The Dow Jones Industrial Average jumped 0.2%,...
Curated Video
Stocks Close Near Session Lows Amid Mixed Corporate Earnings
U.S. stocks closed Tuesday near session lows after mixed earnings results from several major companies. The S&P 500 shed 1.2%, the Dow fell 0.7%, and the tech-heavy Nasdaq dropped 1.9%. Nick Giacoumakis, President and Founder of NEIRG...
Curated Video
U.S. Stocks Close Near Session Highs Following Fed Decision
U.S. stocks closed near session highs following the Federal Reserve's decision to raise interest rates by three-quarters of a percentage point. The move led to the S&P 500 jumping 2.6%, the Dow Jones Industrial Average 1.4%, and the the...
Curated Video
U.S. Stocks Close Lower to Start August
U.S. stocks closed lower on the first trading day of August, after having their best month sin July since 2022. The S&P 500 dropped 0.28%, the Nasdaq fell 0.18%, and the Dow slipped 0.14%. Brian Vendig, president of MJP Wealth Advisors,...
Curated Video
NerdWallet CEO on Impact Fed's Interest Rate Hike Could Have on Credit Card, Mortgage Rates
The Federal Reserve issued its biggest rate hike in more than 20 years Wednesday, raising rates by half a percentage point in an effort to flight inflation. The change is leaving many wondering about the impact it could have on rates for...
Curated Video
What's to Come With Inflation Hitting a 40-Year High in March
Beth Ann Bovino, the U.S. chief economist at S&P Global Ratings, joined Cheddar to break down the March CPI data and outline the bright spots of consumer spending amid rising costs. She noted that with consumers switching more to...
Curated Video
Futures Fluctuate as Investors Monitor News of Stimulus Talks
U.S. stock futures were pointing to a mostly lower open this morning, despite the potential for a new stimulus bill after House Speaker Nancy Pelosi expressed some optimism that an agreement could happen as soon as this week. Investors...
Curated Video
Futures Get A Boost After Pfizer Says Covid Vaccine Could be Ready For Emergency Use by Late November
U.S. futures got a boost this morning to end the week. Stocks were pointing to a higher open on positive coronavirus vaccine news, with Pfizer saying it could be ready to apply for emergency use authorization by late November. Kevin...
Curated Video
Why GameStop and Other Meme Stocks Were Ripping on Monday
Jeffrey Weiner, Chairman & CEO at Marcum, joined Cheddar to discuss stimulus hopes on wall street and the rise of the meme stock.
Curated Video
Recession risks rise ahead of Fed's policy
The upcoming week is a major one for global markets-- will the Federal Reserve hold steady or make a move on interest rates?
Curated Video
With Trump's Inauguration, Will Fed's Next Move Be Lower Or Higher?
The idea that the Federal Reserve would hike rates instead of lowering them has surfaced among a small but vocal group of bond dealers. However, it is, at best, a long shot.
Curated Video
Powell Says 2024 Inflation Forecast Has 'Kind Of Fallen Apart'
After a third consecutive interest rate cut, Federal Reserve officials brought inflation worries back to the forefront as 2024 came to a close. The Fed did what markets expected Wednesday. But that didn't stop investors from dumping risk...
Curated Video
Fed's Powell Puts Bitcoin and Gold in the Same Bracket
Federal reserve chair Jerome Powell bracketed gold and bitcoin as speculative assets. This has increased the raging global debate on gold vs bitcoin as assets with a store of value. Take a look at this next report for more...
Curated Video
Fed Delivers Back-to-back Rate Cuts, Signals Steady Easing Path
The Federal Reserve delivered a quarter-point interest-rate cut on thursday — the second-straight reduction as widely expected. While the fed suggested a steady rat-cut path in the current easing cycle, economists and investors have...
Curated Video
Fed chair says higher tariffs 'likely to raise inflation'
In a public message directed at Powell on Friday, President Trump called for the Fed chair to cut interest rates. (Scripps News)
Bloomberg
Fed's Kugler Favors Keeping Rates Unchanged
Federal Reserve Governor Adriana Kugler says she favors keeping interest rates unchanged amid current inflation risks, pointing to government policy changes.
Bloomberg
UMich Consumer Expectation Survey 'Exaggerated': BlackRock's Rogal
TD Securities US Rates Strategist Molly Brooks and BlackRock Lead Portfolio Manager Total Return Fund David Rogal discusses the rise of inflation expectations. They speak with Vonnie Quinn on "Real Yield."
Bloomberg
Chances of Fed Rate Hike Are Rising, Bullard Says
James Bullard, former St. Louis fed president and Dean of the Mitchell E. Daniels Jr. School of Business at Purdue University, says the chances of a Federal Reserve rate hike are rising. He is on "Bloomberg Surveillance."
Bloomberg
Fed's Barr Expects Significant Economic Impact From AI
Federal Reserve Governor Michael Barr says artificial intelligence is likely to have a significant impact on productivity, economic growth and finance during a moderated Q&A at the University of North Carolina at Chapel Hill Banking...
Bloomberg
Fed's Collins: 'Inevitable' Tariffs Will Boost Inflation
"It looks inevitable that tariffs are going to increase inflation in the near term," Federal Reserve Bank of Boston President Susan Collins says during a fireside conversation in Boston.
Bloomberg
JPMorgan's Feroli Says Confidence Has Fallen 'Off the Cliff'
JPMorgan Chief US Economist Mike Feroli says consumer and business confidence have fallen off of the cliff over the past month or two and that will translate into softer economic activity this year. He speaks on "Bloomberg The Close."...
Bloomberg
Fed's Musalem Warns Tariff Impact May Not Be Temporary
Federal Reserve Bank of St. Louis President Alberto Musalem warns that the impact of tariffs may not be temporary and could lead to higher inflation during an event in Paducah, Kentucky.
Bloomberg
Fed's Bostic on Inflation, Rate Cuts and Tariffs
Federal Reserve Bank of Atlanta President Raphael Bostic discusses the outlook for Fed monetary policy, the US labor market and the economic impact of tariffs with Mike McKee on Bloomberg Television.