Wall Street Has No Clue What the Fed Will Do in 2025
Over the last several weeks, nearly every bank and researcher on Wall Street has published their outlook for how the Federal Reserve will adjust interest rates in 2025. Every firm operates with the same data,
Meet Trump’s leading pick to oversee Wall Street regulation at the Fed
Federal Reserve’s top Wall Street regulator to step down after Trump’s advisers pushed to demote him
Fed Should Stay Independent, Trump's Pick for US Treasury Secty Says
The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday. "I think on monetary policy decisions, the FOMC should be independent," Scott Bessent told the U.
Wall Street banks had a great quarter, and the boom times are just starting
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.
Wall Street is starting to throw in the towel on another rate cut this year
The Fed's interest-rate-cutting cycle is likely over after the December jobs report, BofA says.
Wall Street banks sense opportunity for looser capital rules as Trump ushers in new era
Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives.
Wall Street soars on record bank profits and cooling inflation
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Stock market today: Wall Street finishes its best week since Trump's election with a rally
U.S. stock indexes closed their best week in two months with a flourish on Friday. The S&P 500 climbed 1% to clinch its first winning week in the last three. The Dow Jones Industrial Average rose 334 points,
Wall Street holds firmer following Tuesday's slide
Wall Street is drifting and making smaller moves on Wednesday, a day after strong reports on the economy stirred up worries that inflation and interest rates may stay higher than expected.
'Core' rate of inflation eases a bit, CPI shows. Fed and Wall Street get some breathing room.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries about a recent rebound in inflation. An uptick in inflation since the end of su
Federal Reserve withdraws from global regulatory climate change group
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.
Stock market today: Wall Street holds firmer following Tuesday’s slide
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.
Stock market today: Wall Street finishes its best week since Trump’s election with a rally
SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.