Financial News

Plan would use CPI-E instead of CPI-Wto reflect products seniors mostly use such as  food, healthcare and housing etc.  This has been introduced in the read more

There has to be a reason for the longest inverted yield curve in history. Something can't be right. We already know that a record number of consumers are living read more

Well Oil has been high for quite some time now and yet at the same time we are being told by the FED and others that inflation is gone and rate cuts are on the way. read more

In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie read more

(Bloomberg) -- Oil jumped on intensifying concerns about conflict in the Middle East, with Brent rallying above $90 a barrel in a sudden move higher. ...breaking read more

"Jamie Dimon argues "we can fix housing and mortgage markets" by simplifying regulations around origination, servicing and securitization. It could result in 1 read more

The commercial property delinquency rate in the U.S. has risen by more than half in the past year, with a fifth of all U.S. office market space now sitting read more

John Eastman was de-banked twice in the span of several months by two prominent banks, the Daily Caller has learned. I hesitated to post this because Eastman is a read more

The Diffusion Index for current general activity of the Federal Reserve Bank of Philadelphia's Manufacturing Survey rose sharply to 15.5 in April from 3.2 read more

*Fed Chair Jerome Powell said the U.S. economy has not seen inflation come back to the central bank’s goal, pointing to the further unlikelihood that interest rate read more

Should come as no shock to those who track inflation input components.

Thinking of investing in gold? There are two factors you should consider first, says Morningstar's John Rekenthaler...

Grocery prices are seeing their first year-over-year acceleration since August 2022.

2024 Changes to Planning Limits: New 401(k)/IRA contributions and estate rules explained. Get in the know with the latest information.

The Fed is aiming to avoid a repeat of the double inflation episode that rocked the 1970s and early 1980s.

'In a high tide, all boats rise' is a government platitude about why they continue to increase taxes and regulatory costs while creating higher inflation, but read more

Multiple federal regulators are probing Morgan Stanley over how it vets clients who are at risk of laundering money through the bank’s sprawling read more

Wall Street strategists believe stocks can keep moving higher even as rate cut hopes dampen as long as the outlook for earnings and the economy remain positive.

"A hotter-than-expected consumer price index reading rattled markets Wednesday, but markets are buzzing about an even more specific prices gauge contained within read more

An interesting read: These 4 Charts Show Plunging Expectations for Fed Rate CutsThese 4 Charts Show Plunging Expectations for Fed Rate Cuts | Morningstar

The author writes, "When it comes to the economy, the vibes are at war with the facts, and the vibes are winning."  That's been a problem for awhile now, where read more

Rising gas prices and stubbornly high shelter costs have stalled some of the progress made on slowing inflation. For those in denial It's even on fake news CNN! lol read more

*NYCB raised the annual percentage yield offered via its online arm, My Banking Direct, to 5.55%, higher than any other bank’s widely available account, according read more

More on the Fed Cave front…Why is the Fed always the last to get it.  

"When 2025 draws to a close, so will many of the sweeping Trump-era GOP tax breaks established by the Tax Cuts and Jobs Act (TCJA) of 2017." Here are the Trump tax read more

You can find CD terms with yields above 5.0%, which is a welcome change from the post-Great Recession period of low interest rates. But high yields might not last read more

The boss of one of the world's biggest banks has warned US interest rates could climb to 8%. Mr Dimon has long warned that investors may be overly confident in read more

Hot economy third month in a row.  Forecast Fed cut now postponed to September . . . . . . . if at all.  

Inflation, lack of savings and credit card debt Among those who consider themselves to be living paycheck to paycheck, financial stressors vary. 69% cite read more

JPMorgan Chase CEO Jamie Dimon used a 61-page shareholder letter to sound off on everything from inflation and bank regulators to global risks and management read more