Showing 757 to 768 of 849 results
Mortgage Rates Rise, Demand Dips
Last week's increase in the average 30-year fixed-rate mortgage to 6.75% led to a 0.7% decrease in total mortgage applications, the first decline in five weeks; however, purchase applications increased by 1%, exceeding last year's numbers.
Mortgage Rates Rise, Demand Dips
Last week's increase in the average 30-year fixed-rate mortgage to 6.75% led to a 0.7% decrease in total mortgage applications, the first decline in five weeks; however, purchase applications increased by 1%, exceeding last year's numbers.
Progress
36% Bias Score
Oil Prices Fall Amid Weak Chinese Data and Fed Rate Decision
Oil prices fell on Tuesday, with Brent crude at $73.13 and WTI at $69.88 per barrel, due to weak Chinese economic data, profit-taking, and investor caution ahead of the Fed's interest rate decision. The IEA projects a 950,000 bpd supply surplus next year.
Oil Prices Fall Amid Weak Chinese Data and Fed Rate Decision
Oil prices fell on Tuesday, with Brent crude at $73.13 and WTI at $69.88 per barrel, due to weak Chinese economic data, profit-taking, and investor caution ahead of the Fed's interest rate decision. The IEA projects a 950,000 bpd supply surplus next year.
Progress
36% Bias Score
Inflation Nowcast at 2.9% May Signal Fewer Interest Rate Cuts in 2025
The nowcast for the December 2024 Consumer Price Index shows headline inflation at 2.9%, exceeding November's 2.7%, while core inflation remains at 3.3%; this data, coupled with a robust jobs market, may influence the Federal Reserve's interest rate decisions in 2025.
Inflation Nowcast at 2.9% May Signal Fewer Interest Rate Cuts in 2025
The nowcast for the December 2024 Consumer Price Index shows headline inflation at 2.9%, exceeding November's 2.7%, while core inflation remains at 3.3%; this data, coupled with a robust jobs market, may influence the Federal Reserve's interest rate decisions in 2025.
Progress
44% Bias Score
US Retail Sales Rise 0.7% in November, Showing Mixed Consumer Spending
US retail sales increased by 0.7% in November, driven mainly by a 2.6% surge in auto sales, while sales at grocery stores and restaurants decreased, suggesting a mixed consumer spending pattern amidst rising interest rates and pre-holiday shopping.
US Retail Sales Rise 0.7% in November, Showing Mixed Consumer Spending
US retail sales increased by 0.7% in November, driven mainly by a 2.6% surge in auto sales, while sales at grocery stores and restaurants decreased, suggesting a mixed consumer spending pattern amidst rising interest rates and pre-holiday shopping.
Progress
44% Bias Score
Global Markets React to Weak Chinese Data, Bitcoin Surge
Asian and European markets fell Monday following weak Chinese economic data for November, while Bitcoin surged past \$106,000 amid expectations of lighter U.S. regulation under President-elect Trump; the U.S. dollar fell against the yen and euro.
Global Markets React to Weak Chinese Data, Bitcoin Surge
Asian and European markets fell Monday following weak Chinese economic data for November, while Bitcoin surged past \$106,000 amid expectations of lighter U.S. regulation under President-elect Trump; the U.S. dollar fell against the yen and euro.
Progress
36% Bias Score
Global Shares Dip on Weak Economic Data, Awaiting Fed Decision
Global equities edged lower on December 20, 2024, due to weak economic data from China and Europe, with investors awaiting the U.S. Federal Reserve's decision on interest rates; the Dow fell slightly, while the S&P 500 and Nasdaq rose, and oil prices dropped.
Global Shares Dip on Weak Economic Data, Awaiting Fed Decision
Global equities edged lower on December 20, 2024, due to weak economic data from China and Europe, with investors awaiting the U.S. Federal Reserve's decision on interest rates; the Dow fell slightly, while the S&P 500 and Nasdaq rose, and oil prices dropped.
Progress
32% Bias Score
US Markets Rise on Fed Rate Cut Anticipation
US stock markets saw gains led by technology, with the S&P 500 up 0.3%, Dow Jones up 0.2%, and Nasdaq up 0.5%; this is fueled by anticipation of a Fed interest rate cut on Wednesday and strong corporate earnings, while Asian and European markets showed slight declines.
US Markets Rise on Fed Rate Cut Anticipation
US stock markets saw gains led by technology, with the S&P 500 up 0.3%, Dow Jones up 0.2%, and Nasdaq up 0.5%; this is fueled by anticipation of a Fed interest rate cut on Wednesday and strong corporate earnings, while Asian and European markets showed slight declines.
Progress
36% Bias Score
Dow Jones Suffers Longest Losing Streak Since 1978
The Dow Jones Industrial Average is experiencing its longest losing streak since February 1978, currently at eight consecutive days, primarily due to UnitedHealthcare's significant losses and investor uncertainty surrounding President-elect Trump's policies; however, the Nasdaq is performing strongl...
Dow Jones Suffers Longest Losing Streak Since 1978
The Dow Jones Industrial Average is experiencing its longest losing streak since February 1978, currently at eight consecutive days, primarily due to UnitedHealthcare's significant losses and investor uncertainty surrounding President-elect Trump's policies; however, the Nasdaq is performing strongl...
Progress
48% Bias Score
US Stocks Dip Slightly Amidst Record Highs, Nvidia Slowdown
US stock indexes fell slightly today, while the Australian market is poised for a small gain; Nvidia's stock declined sharply, contributing to the US downturn; fund managers hold low cash reserves, and the Federal Reserve may pause interest rate cuts based on recent economic data.
US Stocks Dip Slightly Amidst Record Highs, Nvidia Slowdown
US stock indexes fell slightly today, while the Australian market is poised for a small gain; Nvidia's stock declined sharply, contributing to the US downturn; fund managers hold low cash reserves, and the Federal Reserve may pause interest rate cuts based on recent economic data.
Progress
32% Bias Score
Fed Signals Slower Pace of Interest Rate Cuts Amid Persistent Inflation
The Federal Reserve will likely lower its benchmark interest rate by 0.25 percentage points to approximately 4.3% on Wednesday, signaling a slower pace of future rate cuts due to persistent inflation above its target and a stronger-than-expected economy, despite having lowered the rate by a full poi...
Fed Signals Slower Pace of Interest Rate Cuts Amid Persistent Inflation
The Federal Reserve will likely lower its benchmark interest rate by 0.25 percentage points to approximately 4.3% on Wednesday, signaling a slower pace of future rate cuts due to persistent inflation above its target and a stronger-than-expected economy, despite having lowered the rate by a full poi...
Progress
48% Bias Score
Fed Signals Fewer Interest Rate Cuts Amid Persistent Inflation
The Federal Reserve is expected to reduce its benchmark interest rate by a quarter-point to 4.3% on Wednesday, signaling fewer rate cuts in 2025 than previously anticipated due to persistent inflation above the Fed's target and uncertainty surrounding President-elect Trump's economic policies.
Fed Signals Fewer Interest Rate Cuts Amid Persistent Inflation
The Federal Reserve is expected to reduce its benchmark interest rate by a quarter-point to 4.3% on Wednesday, signaling fewer rate cuts in 2025 than previously anticipated due to persistent inflation above the Fed's target and uncertainty surrounding President-elect Trump's economic policies.
Progress
40% Bias Score
Fed to Announce Final 2024 Rate Decision on December 18
The Federal Reserve will announce its final interest rate decision of 2024 on December 18 at 2 p.m. ET, with economists widely predicting a 0.25 percentage point cut; however, the incoming Trump administration's potentially inflationary policies could impact future rate decisions.
Fed to Announce Final 2024 Rate Decision on December 18
The Federal Reserve will announce its final interest rate decision of 2024 on December 18 at 2 p.m. ET, with economists widely predicting a 0.25 percentage point cut; however, the incoming Trump administration's potentially inflationary policies could impact future rate decisions.
Progress
36% Bias Score
Showing 757 to 768 of 849 results