Mar 10, 2025 | Markets
US consumers expect slightly higher inflation in the near term and are growing more pessimistic about their finances, according to a monthly survey from the Federal Reserve Bank of New York. Median expectations for year-ahead inflation rose slightly in February to...
Mar 10, 2025 | Markets
A chorus of Wall Street strategists is warning about rising volatility in the stock market, with Morgan Stanley’s Michael Wilson the latest to sound the alarm on slumping economic growth amid President Donald Trump’s trade wars. The strategist, who was a prominent...
Mar 10, 2025 | Markets
For two consecutive years, stock-market prognosticators lifted their outlooks for the S&P 500 Index over and over again to keep up with an unrelenting rally. Now just under three months into the year, sell-side strategists at firms including JPMorgan Chase &...
Mar 9, 2025 | Markets
President Donald Trump said the US economy faces “a period of transition,” deflecting concerns about the risks of a slowdown as his early focus on tariffs and federal job cuts causes market turmoil. Asked on Fox News’ Sunday Morning Futures whether he’s expecting a...
Mar 9, 2025 | Markets
Oil slid to a six-month low as signs of economic weakness in the world’s two biggest crude consumers fanned concerns that US tariffs will sap global energy demand. West Texas Intermediate dipped 1.5% to end the session near $66 a barrel, the lowest settlement price...