Jan 3, 2025 | Markets
A new debt ceiling was established this week, setting up a debate for the months ahead about averting a government default. The parameters of that coming standoff are already making Donald Trump unhappy. The issue for the president-elect is how events are conspiring —...
Jan 2, 2025 | Markets
After two consecutive years of more than 20% gains for the S&P 500 (^GSPC) — an achievement not seen since the late 1990s — Wall Street strategists foresee a slower pace of gains for the benchmark index in 2025. With strong earnings expected from a widespread...
Dec 24, 2024 | Markets
Rep. Aaron Bean wants to bring DOGE-curious Democrats on board. Does that have any chance in 2025 Washington? Elon Musk wants more Democrats involved in the nascent Department of Government Efficiency (DOGE). Rep. Aaron Bean is charged with making that happen. The...
Dec 18, 2024 | Markets
The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make next year. In a split vote, the central bank voted to reduce its benchmark interest rate by 25 basis points to a new range of...
Nov 17, 2024 | Markets
Investors this year have grown increasingly confident the US economy will achieve a “soft landing.” But the election of Donald Trump as the nation’s next president has complicated the outlook. And some economists now think it’s likely the US...
