The S&P 500 neared a new record high as stocks were propelled by dovish remarks from Jerome Powell, as well as new signs of a cooling labor market.
If Trump wins the presidency, investors shouldn't expect playbook from the first term to deliver the same results, Morgan Stanley said.
Americans under the age of 35 generally make around $60,000. Gen Zers in a survey said more than double that would make them feel secure.
American consumers are getting tighter with their wallets and pickier about deals, which means retailers should take cues from Walmart and Costco.
Instead of a recession, the US economy has seen resilient job gains with growth trending at just over 2%.
The top 10% of Americans have gained a whopping $30.5 trillion in wealth since 2020, according to Federal Reserve data.
During the first presidential debate, Trump and Biden sparred over who is to blame for inflation. But the economy did not dominate the evening.
Biden has pushed for more federal involvement in housing policy. Trump proposed massive cuts to federal housing programs for the neediest.
The Fed's favorite inflation measure dropped to its lowest level in three years, fueling optimism for rate cuts.
Inflation has slowed but is above its ideal rate. Nobel Prize-winning economist Joseph Stiglitz broke down why Trump's policies could make it worse.
Taylor Swift's Eras Tour has made it to five European countries so far. It boosted accommodation prices everywhere except France.
US stocks finished Thursday slightly higher, with traders awaiting PCE data on Friday for fresh clues about the direction of interest rates.
The stock market is threatened as lofty valuations collide with sticky inflation and slowing growth, Stifel strategist Barry Bannister said.
BI looked at President Joe Biden's and former President Donald Trump's plans for eight major economic categories that affect Americans' daily lives.
Daily essentials are inflating faster than broad inflation indexes, as the ALICE Essentials Index is up 7.3% annually from 2021 to 2023.
The Arizona Iced Tea strategy is unique as grocery prices rise and some brands use shrinkflation to profit more.
Nvidia shared wavered after rebounding on Tuesday. Amazon jumped nearly 4%, crossing a $2 trillion valuation for the first time.
"We have fought many wars over oil. We will fight bigger wars over food and water," Olam Agri's CEO said.
Stocks are hugely overvalued and the economy is faltering, paving the way for a stock-market crash and a recession, B. Riley's Paul Dietrich said.
Given how low last year's inflation was, CPI data might rebound in the latter half of this year. That could mean further rate hikes, Rob Arnott said.