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Stock market’s ‘fragile’ bounce at stake as Powell prepares Jackson Hole speech

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5 months ago

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The stock market’s reaction to the Fed chair’s speech at the Jackson Hole Economic Symposium has historically been muted, albeit mostly positive. This year may be different. 

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Treasury yields trim declines after PCE inflation reading edges up from Fed’s target

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1 month ago

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November 27, 2024

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Treasury yields were trimming earlier declines after a barrage of pre-Thanksgiving economic data added to the case for gradual Fed rate cuts .

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Jobless claims slide to 7-month low. Businesses not cutting many jobs.

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1 month ago

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November 27, 2024

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The number of Americans who applied for unemployment benefits in the week before the Thanksgiving holiday dipped to a seven-month low in a sign of strength for a steadily expanding U.S. economy.

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More turnover at the top, but this bull still believes in the Weight Watchers parent

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1 month ago

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November 27, 2024

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D.A. Davidson reckons WW is a buy as its customers need more than a prescription.

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