Bhavik Nair

[ad_1] Federal Reserve Governor Philip Jefferson said on Monday he was under no illusion that it’s going to be easy to bring the inflation rate back down to 2%. “There’s…

[ad_1] Major Wall Street indices closed in the green on Monday after investors and traders began the week on an optimistic note following the worst trading week this year. Easing…

[ad_1] Euro Pacific Capital Chief Economist Peter Schiff conducted a poll on Twitter, asking what the Federal Reserve would do if inflation remains well above the 2% target but higher interest rates cause another financial crisis. “Will…

[ad_1] Market forecaster Jim Bianco, president and macro strategist at Bianco Research, explained how the rally in the S&P 500 index during the early part of the year was mostly…

[ad_1] Major Wall Street indices closed over 1% lower on Friday as the core personal consumption expenditures price index, the Federal Reserve’s preferred measure of inflation, rose 0.6% in January…

[ad_1] Former Treasury Secretary Lawrence Summers believes the funds needed to build back Ukraine should come from Russian State assets, just like the Vladimir Putin-led nation had seized German assets…

[ad_1] The week, so far, has been downbeat for broader U.S. markets as investors and traders began factoring in the possibilities of longer rate hikes by the Federal Reserve. Tech…

[ad_1] Tesla and Twitter CEO Elon Musk believes the head of the Federal Reserve should be someone with crucial experience in handling monetary policy as any incorrect decision by the…

[ad_1] Prominent market commentator Jim Cramer has reportedly said recent market volatility is an indication of public sentiment swinging back and forth between hope and fear. “Bottom line: We’ve got…

[ad_1] Former Treasury Secretary Lawrence Summers reportedly highlighted the absence of past examples in which the U.S. managed to avoid a recession when the unemployment rate fell below 4% and…

[ad_1] JPMorgan Chase & Co JPM CEO Jamie Dimon reportedly said on Thursday that reining in inflation is a work in progress for the Federal Reserve, while also observing that…

[ad_1] New York Federal Reserve Bank President John Williams said on Wednesday the central bank is absolutely committed to guiding inflation down to its 2% target over the next few years.…

[ad_1] Major indices closed mixed on Wednesday as investors and traders weighed in on the minutes of the Federal Open Market Committee’s policy meeting in early February. The minutes stated…

[ad_1] Prominent market commentator Jim Cramer on Tuesday suggested a six-point checklist of events that must happen before declaring an end to the market sell-off. Major Wall Street indices closed over…

[ad_1] Cathie Wood-led ARK Investment Management made a whopping buy in shares of Advanced Micro Devices, Inc. AMD on Tuesday, purchasing 72,848 shares of the chipmaker at an estimated valuation of…

[ad_1] Former Labor Secretary Robert Reich believes the real measure of the economy does not come from the stock market, GDP growth, or the number of jobs; rather, it can…

[ad_1] Major Wall Street indices closed over 2% lower on Tuesday, recording their worst trading session in 2023, as a rebound in U.S. business activity sparked fears of extended rate…

[ad_1] Russia’s economy reportedly narrowed just 2.1% last year against expectations of a major recession as rising commodity exports helped offset the impact of U.S. and European sanctions in the…

[ad_1] Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, reportedly said on Monday that decisions by the Organization of the Petroleum Exporting Countries and its allies (OPEC+) are not politicized and are…

[ad_1] Former Labor Secretary Robert Reich has highlighted the wealth gap issue once again, citing a news article based on an Oxfam data report. “The richest 1% took home nearly twice…

[ad_1] U.S. index futures declined Monday as markets remained closed for a public holiday. Last week, markets were downbeat following economic data that showed inflation did not moderate as much as…

[ad_1] Cathie Wood-led ARK Investment Management made a whopping buy in Shopify Inc SHOP shares, loading up 776,835 shares of the company at an estimated valuation of over $34.8 million…

[ad_1] Two Federal Reserve officials reportedly said on Thursday the central bank should have lifted interest rates more than it did in early February, and cautioned that additional hikes in…

[ad_1] Major cryptocurrencies have witnessed a significant rally over past one week despite concerning economic data release in the U.S. What Happened: Bitcoin BTC/USD surged over 12% in last five…

[ad_1] A mysterious trader who goes by the name “50 Cent” seems to have returned to the market with a big bet that volatility will shoot up in the coming months. According…