There's a new idea of alpha in the market that big money managers are pursuing
Stock pickers have long sought to beat the market, and most continue to fail, with the rate of underperformance of...
Economic policy
Here's how AI could influence the Fed's economic outlook
Members of the Federal Reserve rate-setting committee say they are factoring increased labor productivity into their economic forecasts as artificial...
Fed Holds Rates Steady but Expects More Increases
Officials had approved interest-rate hikes at their previous 10 meetings to combat inflation. Source link
Retail spending fell in March as consumers pull back | CNN Business
Washington, DC CNN — Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled...
US inflation just reached an inflection point | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
China has not provided extensive assistance to Russia as part of its war against Ukraine even as the two countries forge closer ties, senior Treasury officials say | CNN Business
CNN — While China and Russia have strengthened ties since the Kremlin’s brutal invasion of Ukraine, the US has not...
‘We’re at a tipping point:’ What to expect from the jobs report on Friday | CNN Business
Minneapolis CNN — The US labor market has kept trucking right along even as other areas of the economy have...
The Fed could easily drive Black unemployment much higher than the overall jobless rate | CNN Business
New York CNN — Millions of jobs could be on the chopping block this year, as the Federal Reserve continues...
The Fed’s favorite inflation measure cooled in February | CNN Business
Minneapolis CNN — The Federal Reserve’s preferred inflation gauge cooled back down in February after ticking up unexpectedly the month...
UK reaches its biggest trade deal since Brexit, joining trans-Pacific partnership | CNN Business
Atlanta/Hong Kong CNN — Britain has reached an agreement to join a major trans-Pacific partnership, calling it its biggest trade...
Corporate greed is jacking prices higher. It could push customers over the edge | CNN Business
Inflation is ravaging shoppers' wallets and the Federal Reserve has responded by instituting a regimen of painful interest rate hikes...
How the Fed’s latest rate increase will affect your bank savings | CNN Business
Editor’s Note: This is excerpted from a story that originally ran on March 22, 2023. New York CNN — Banking...
Banks aren’t out of the woods yet and neither is the economy. Here’s why | CNN Business
CNN — Markets seesawed severely this week when two of the US economy’s most prominent leaders gave seemingly contradictory statements...
Five big takeaways from the Fed’s extraordinary meeting | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Global markets mixed after US Fed raises rates by a quarter-point | CNN Business
Hong Kong/London CNN — European and Asian markets were mixed during Thursday trade as investors digested the decision by the...
Swiss central bank says crisis halted as it hikes interest rates | CNN Business
London CNN — Switzerland’s banking crisis has been halted, the country’s central bank said Thursday as it hiked interest rates...
What to do with your money now that the Fed just raised rates for the ninth time | CNN Business
Editor’s Note: This is an updated version of a story that originally ran on February 1, 2023. New York CNN...
Global banking crisis: What just happened? | CNN Business
London CNN — On March 10, the biggest failure of a US bank since the global financial crisis was playing...
Fed and other central banks try to head off crisis by keeping dollars flowing | CNN Business
London CNN — The US Federal Reserve and several other major central banks announced a coordinated effort Sunday night to...
The banking meltdown put the Fed in a bind | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
