March 19th Financial News

The Fed’s plans for its multitrillion-dollar balance sheet are in focus ahead of its two-day meeting starting today. The pace at which the Fed has been offloading debt was a factor behind the turbulence in financial markets last year. Fed chairman Jay Powell said last...

Wholesale Inflation Jumps

The Labor Department said vacancies edged lower to just over 7 million, according to the Job Openings and Labor Turnover Survey. The ranks of the unemployed was 6.08 million in October. One of the impacts of the recent midterm elections could be on gun stocks. Firearm...

Student Debt At Age 60

The number of women-owned businesses is on the rise. Four in 10 companies in the U.S. are now majority-owned, operated, and controlled by women, according to CNBC. The Wall Street Journal reported that US companies are raising prices on their products after years of...

A Surge In Stocks

Stocks end sharply higher yesterday, following closely watched midterm elections that saw Democrats take control of the House and Republicans retain their hold on the Senate.  The surge in stocks marks the best post-midterm election rally for the S&P 500 and Dow...

Contribution Amounts Increase in 2019

U.S. stocks finished yesterday’s trading session mostly higher but weakness in the technology and internet-relate sectors limited an advance in the broader market.  Shares of Apple extended their post-earnings slide yesterday, after a report suggested iPhone XR demand...

Q3 Numbers Beat Expectations

The Wall Street roller coaster is selling tickets again today as U.S. stock index futures post steep declines after a selloff in Asia and Europe. It follows a strong session for the three major U.S. indices, though global stocks are still on track to record their...