New York Fed

Stocks gain as Fed rate hopes fuel continued rally

Business
Jessica Roberts

Stocks rose Monday as Wall Street looked set to build on an end-of-week surge precipitated by a softer-than-expected jobs report that helped ...

Glacial Inflation Slowdown Set to Back Fed Rate-Cut Caution

Business
Jessica Roberts

(Bloomberg) — US consumer-price data in the coming week, arriving on the heels of surprisingly strong jobs numbers, is projected to show ...

US wealth inequality grew worse through current recovery, NY Fed study shows

U.S.
Amanda Smith

By Howard Schneider WASHINGTON (Reuters) – The inflation-adjusted wealth of white households in the U.S. grew faster than that of Black and ...

Asia Stocks Slide as Fed Tempers Strong Pivot Bets: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — Asian stocks fell the most in about two weeks after Federal Reserve officials pushed back against bets of aggressive interest ...

Stocks Slip Before Powell Speech; M&S Rallies: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — Stocks edged lower as investors awaited clues on the path of interest rates from a raft of central bank officials ...