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 ...

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 ...

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 ...

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 ...

while U.S. stock markets were mixed. The S&P/TSX composite index closed up 121.79 points at 25,051.68. Report an error ...

(Bloomberg) -- Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool toward the central bank’s 2% target, prompting his support for additional interest-rate cuts ...

The S&P 500 edged up 0.2% Wednesday ... which can goose the economy and boost prices for investments. Fed Governor Christopher Waller said in a speech Wednesday he still expects the central ...