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/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 ...

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 ...

(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 ...

Wednesday brings weekly jobless-claims data, plus a speech from Fed governor Christopher Waller ... On Tuesday, the S&P 500 and the tech-heavy Nasdaq Composite both dropped more than 1%.