The U.S. Federal Reserve has become too data dependent and has lost sight of its overall strategy, Mohamed El-Erian, chief economic adviser at Allianz, said Friday.
Category: Finance News
China’s Nio to expand battery swap services to gain an edge on EV infrastructure
Battery swapping takes only a few minutes and is expected to better address consumers’ driving range concerns.
‘Biggest mistake’ bond investors may make ahead of Fed rate cuts
Experts advise taking advantage of opportunities in fixed income while yields are still high.
Job gains expected again in March. Here are all the things to look for in Friday’s report
The Labor Department’s Bureau of Labor Statistics will release the report Friday at 8:30 a.m. ET.
Stocks making the biggest moves midday: Lamb Weston, Levi Strauss, Wayfair and more
These are the stocks posting the largest moves in midday trading.
Here are some big money blind spots you need to avoid, advisors say
Here are some important aspects of personal finance you may be overlooking.
Stocks making the biggest moves premarket: Levi Strauss, Intuitive Machines, Wayfair and more
These are the stocks posting the largest moves in premarket trading.
Here’s who Treasury Secretary Janet Yellen is going to meet in China
U.S. Treasury Secretary Janet Yellen was scheduled to arrive in China on Thursday ahead of four full days of meetings with Chinese officials.
KKR says China’s real estate correction may only be halfway done
China’s real estate troubles are likely far from over and industry problems need to be addressed quickly for GDP growth to rise significantly, according to KKR.
Fed’s Powell emphasizes need for more evidence that inflation is easing before cutting rates
Federal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of inflation.