These will be Powell’s first remarks since the June CPI report showed inflation cooling.
Category: Finance News
Dimon and other Wall Street CEOs react to Trump assassination attempt: ‘Deeply saddened’ by violence
The shooting on Saturday shocked a nation gearing up for a contentious November election.
Stocks making the biggest moves premarket: Trump Media & Technology, Apple, Super Micro Computer and more
These are the stocks posting the largest moves in premarket trading.
With odds of a Trump win rising, here’s what it could mean for Europe’s economy
The euro area’s economy, including the zone’s gross domestic product, could be impacted if Donald Trump were to be re-elected, according to Goldman Sachs.
Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects
Expectations have been set high for Goldman Sachs, with Wall Street businesses in the midst of a rebound after a dismal 2023.
China reports second-quarter GDP growth of 4.7%, missing expectations
The National Bureau of Statistics did not hold a press conference for the data release. China’s high-level policy meeting, the Third Plenum, kicks off Monday.
China’s biggest policy meeting in six years kicks off this week. How investors can play it
“We expect the upcoming Third Plenum to focus on several areas that are crucial to China’s long-term economic path,” Bank of America economists said.
The housing market, explained in 6 charts
This data helps show why the housing market feels so different than it did just a few years ago.
With high prices and mortgage rates, aspiring and current homeowners feel ‘stuck’
Affordability has plummeted since the early days of the pandemic, data shows.
Here’s the deflation breakdown for June 2024 — in one chart
Prices have fallen for physical goods, gasoline, airfare and some grocery items like apples since June 2023, according to the consumer price index.