A Wall Street veteran whose career spans four decades, Doll wrote in December 2023 that economists were too optimistic and it ...

U.S. stocks are recoiling on worries that good news on the job market may prove to be bad for Wall Street by keeping ...

U.S. stocks dropped on worries that good news on the job market may prove to be bad for Wall Street by keeping inflation and ...

The Dow Jones Industrial Average ( ^DJI) sank about 1.6%, or close to 700 points, while the S&P 500 ( ^GSPC) also fell 1.5%.

Not long ago the consensus on Wall Street was that the Fed would cut rates several times in 2025. Activity in derivative markets show traders now only expect slightly more than one rate hike cut this ...

Global stocks fell while U.S. Treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations ...

U.S. stocks fell nearly 2% for the holiday-shortened week amid a debate on the pace of future Fed rate cuts. Read more about ...

Wall Street expects corporate profits to have surged in 2024 and forecasts an even stronger jump for 2025. Companies still face a long list of uncertainties in the year ahead, including economic ...

"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for ...

Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.

Investors are now pricing in just one interest-rate cut from the Federal Reserve this year. Investors expect the central bank ...

After the "gangbuster" December jobs report, the Federal Reserve's rate-cutting cycle is over, said Aditya Bhave, senior U.S. economist at BofA Global Research. "Our base case has the Fed on an ...