10-year Treasury yield
Stocks hold firm as US inflation data keep rate cut hopes alive
Global stocks held steady and government bond yields retreated a touch on Wednesday after data showed U.S. consumer prices rose moderately in July.
Biden Administration
U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates
U.S. inflation rose 2.9% in July versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month.
Austan Goolsbee
The Fed has cut rates amid stock swoons before. Not this time
A sharp slowdown in the U.S. job market that touched off days of global stock-market turmoil also fueled speculation the Federal Reserve may not wait until its next scheduled meeting.
2022
Jobless Claims Decrease More Than Estimated To Calm Recession Fears For Now
The number of Americans filing new applications for unemployment benefits fell more than expected last week, easing fears of an unraveling labor market.
Apple
Wall Street Disaster: Dow, Nasdaq Nosedive As Recession Fears Cause Global Sell-Off
Wall Street’s main indexes plummeted on Monday, as fears are continuing to grow that the United States is going into a recession following last week’s economic numbers ripping through global markets.
Becky Frankiewicz
Report: U.S. Economy Added 114K Jobs In July, Unemployment Increases To 4.3%
U.S. job growth slowed more than expected in July, with the unemployment rate increasing 4.3%, leading to fears that the labor market is faltering and the economy is heading for a possible recession.
Alicia Summers
Fed Holds Rates Steady, Hints at Possible Cuts Soon
The Federal Reserve decides to leave interest rates unchanged, but hints at possible cuts soon.
2022
Federal Reserve Holds Interest Rates Steady For 2 Decades, Leaves Door Open For Cuts
While maintaining interest rates at their highest point in over 20 years on Wednesday, the Federal Reserve made a suggestion that lower borrowing costs may soon be implemented by policymakers due to slight recent improvements in inflation.
2% target
US inflation rises moderately, consumer spending cools
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
Alphabet
Wall Street mixed as investors weigh GDP data after tech mauling
Data showed the U.S. economy expanded 2.8% in the second quarter versus estimates of 2%, but inflation subsided, leaving intact expectations of a September rate cut.