Stocks making the biggest moves midday: Boeing, Deere, AT&T and more
An ASL Airlines Boeing 737-400 freighter landing at Milan Malpensa airport. Fabrizio Gandolfo | LightRocket | Getty Images Check out the companies making headlines in midday trading. Boeing — Boeing shares edged roughly 3% higher after Reuters reported the aircraft...
The Federal Reserve’s so-called taper talk could keep markets on edge through the summer
People walk past the Federal Reserve building on March 19, 2021 in Washington, DC. Olivier Douliery | AFP | Getty Images The Federal Reserve is facing a big summer ahead as markets look for clues about when the ultra-easy policy...
Key Senate Dem’s choice for Fed board is an economist who would be the first Black woman to serve in that role
Lisa Cook, associate professor at the Michigan State University, arrives for dinner during the Jackson Hole economic symposium, sponsored by the Federal Reserve Bank of Kansas City, in Moran, Wyoming, on Thursday, Aug. 23, 2018. David Paul Morris | Bloomberg...
Some states will pay you up to $2,000 to return to work. Here’s what to know
Arizona Gov. Doug Ducey talks to reporters after meeting with then-President Donald Trump at the White House on April 3, 2019. Chip Somodevilla | Getty Images Return-to-work bonus The states are withdrawing two or more months before their scheduled end...
Forward Guidance: Manufacturers Feeling the Squeeze; Businesses to Report Q2 Conditions
Next week’s flash manufacturing sales report is expected to show a dip in April, weighed down by another sharp pullback in auto production due to the ongoing global semi-conductor shortage. Overall manufacturing hours worked also fell 1.1% in the month....
Week Ahead – PCE Inflation Might Turn Heads as Long March to June Looms
Markets just got their first acknowledgement by the Fed that it may soon need to begin discussions on tapering. However, further clarification is unlikely to come before the next FOMC meeting in June so as we head into a quiet...
EUR/USD Outlook: Euro Risks Deeper Pullback after Bulls Repeatedly Stalled
The Euro lost traction on Friday following comments from ECB President Lagarde who said that it is still too early to discuss policy after the end of central bank’s emergency bond-buying scheme and seeing inflation rise this year as temporary,...
April existing home sales drop, marking three straight months of declines
Daniel Acker | Bloomberg | Getty Images Sales of existing homes dropped 2.7% in April from March to a seasonally adjusted annualized rate of 5.85 million units, according to the National Association of Realtors. It was the third straight month...
NEW! S&P 500, Dow Jones: Stock Markets Predict Presidential Elections
How Can Stock Markets Impact US Presidential Elections? How can returns in the Dow Jones, S&P 500 influence voters at the polls? This study analyzes the indices 1 year and 3 months before elections Do voters respond to stock performance...
How Societal and Economic Crises Impact US Presidential Elections
Does a Relationship Exist Between the S&P 500 and the US Election Outcome? Beyond policies and history, past data suggests that S&P 500 stock can be used to predict the winner of the US election. The S&P 500 Index has...