The resulting positive wealth effect is undoubtedly boosting consumer spending, especially of retiring baby boomers, who are enjoying the windfalls in the value of their stock portfolios and homes.

The S&P 500 turned positive in late morning trade on hopes that more rate cuts from the Federal Reserve might still on the table for 2025. Fed governor Christopher Waller said he sees potential for up ...

Investors absorbed a report that President-elect Donald Trump is considering declaring a national economic emergency to pave ...

The S&P/TSX composite index closed up 121.79 points ... In a speech Wednesday, Fed governor Christopher Waller said he still expects the central bank to cut this year. Investors are waiting ...

Federal Reserve governor Chris Waller said Wednesday that he still supports cutting interest rates this year, believing inflation will continue to drift lower despite promises of sweeping tariffs ...

The S&P 500 rose 0.2% to recover a bit of its ... which can goose the economy and boost prices for investments. Fed Governor Christopher Waller said in a speech Wednesday he still expects the ...

US equity indexes fell in choppy midday trading Wednesday as investors weighed an unexpected drop in jobless claims with Federal Reserve Governor Christopher Waller's view that inflation remains on an ...

Investors absorbed a report that President-elect Donald Trump is considering declaring a national economic emergency to pave the way for proposed tariffs.