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Economists, traders increasingly believe Federal Reserve won't hike in September

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Consumer spending showed a decent gain but was down from Q1

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Grayscale Investments won its challenge of an SEC decision

  • By: Staff
  • August 29, 2023 August 29, 2023
  • 16:45
Hiring

The Federal Reserve will likely welcome Tuesday's data

Retail sales

The downturn in spending showed up in the earnings reports of many high-profile retailers

Home For Sale Real Estate Sign in Front of Beautiful New House.

The shortage of homes for sale has kept the market competitive

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Five regional banks face rating cut, outlooks downgraded for two others

  • By: Staff
  • August 22, 2023 August 22, 2023
  • 11:41
Retail sales

But higher interest rates are weighing on economic activities dependent on credit

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Latest settlement brings penalties in DoJ cases to over US$36 billion

Investment bear market concept, bear figure standing on financial report with red arrow pointing dow as price going down, low buy and high sell volume in stock or equity exchange market.

Earnings to remain under pressure as the sector faces slow growth and elevated costs