Federal Reserve

Economics

Dismal Jobs Data Gives Fed a Wake-Up Call on Interest Rates

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The economy added just 73,000 jobs in July, according to the Labor Department, well below the expectations of economists surveyed.

2 min read

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Economics

Bottom Line Undercuts Hot Quarter for Top-Line US GDP

Economists anticipated a 2.5% rate, so the better-than-expected top line figure was obviously cause for celebration, right?

2 min read
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Finance

Markets Give a ‘Meh’ To Upbeat Wall Street Earnings

The consensus takeaway from the earnings season so far is that the economy is, in spite of everything, doing pretty good.

3 min read
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Banking

Inflation Data and Bank Earnings Kick Off a Crucial Test for Markets

The big US banks bested Q1 earnings expectations, and many observers expect big boosts to their Q2 trading desk revenues.

2 min read

Blockchain

Bitcoin Tops $120,000 With Congress Poised to Consider Key Crypto Bills

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Nothing to boost an asset class like the most powerful legislative body in the world holding a week in your honor.

2 min read

Inflation & Prices

Just How Much Data Does the Fed Need to Cut Rates?

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Despite new data this week showing inflation has cooled, Powell and the Federal Reserve are still expected to hold off on rate cuts.

2 min read

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Personal Finance

Ripped Job Market Swipes Left on New Grads

For the first time in decades, recent college grads have a higher unemployment rate than the rest of the economy.

2 min read
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Banking

Unshackled Wells Fargo Fights to Regain Momentum Lost in Penalty Box

Wells Fargo shares rose over 2% early Wednesday, hitting a three-month high, after the Federal Reserve lifted its asset cap on the bank.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Muhammad Abdullah and Tohamina via iStock

Real Estate

Is the Housing Bubble Finally Losing Pressure?

A new report by Redfin showed that US home sellers now outnumber by buyers by nearly half a million, the biggest gap on record since 2013.

5 min read

Economics

Dollar Takes a Bruising From Trump’s Jabs at Fed Chair

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The US dollar hit a three year low against a basket of currencies Monday, highlighting investor concerns about US assets.

2 min read

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