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From Biden's Tax Proposal For Tech Giants Like Elon Musk And Jeff Bezos To Powell Sounding Optimistic Note On Economy And More: Economics Weekend Roundup
Sunday, March 10, 2024 - 7:55am | 832Read More...The past week was buzzing with significant developments, from the White House to Wall Street. President Joe Biden targeted billionaires in his State of the Union address, the Fed Chair Jerome Powell testified before the Senate Banking Committee, and several key sectors showed signs of recovery and...
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November Rally Lights Up Stock Market As Speculation Grows Over Potential Fed Rate Cuts: The Week In The Markets
Friday, December 1, 2023 - 5:43pm | 893Read More...The S&P 500 index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), capped off November with a 8.9% rise, marking its 18th strongest monthly performance since 1950. Technology stocks, as closely monitored through the Invesco QQQ Trust (NASDAQ:QQQ), outpaced broader market gains, with...
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Fed Holds But Signals Hawkish Path Ahead, Treasury Yields Rise: The Week In The Markets
Friday, September 22, 2023 - 4:06pm | 1351Read More...The Federal Open Market Committee meeting dominated the markets this week, with the Fed deciding to leave rates unchanged at 5.25%-5.5%, as widely expected. Dot Plot Indicates 1 More Rate Hike, Fewer Cuts in 2024: The median preference for the projected fed funds rate at the end of 2023 held...
