The Latest Breaking News from Aditya Bhave

America’s increasingly K-shaped economy is showing up loud and clear in ETF performance-and the winners are the funds tied to service spending, travel, experiences, and digital consumption. While lower-income households pull back, affluent consumers are keeping service-sector ETFs surprisingly resilient, offering investors a rare pocket of strength in an otherwise…

“The question then becomes, will Powell leave as a governor?”

With a matter of days remaining in the fiscal year and no full-year funding or stopgap deal in place, the U.S. government could shut down at 12:01 a.m. ET on Oct. 1, stalling vital services, furloughing hundreds of thousands of federal workers and weighing on the economy if lawmakers fail…

Markets await Jerome Powell’s Jackson Hole speech for clues on rates. With inflation high and jobs weakening, the Fed faces pressure. Powell may leave a September rate cut on the table, but the trajectory isn't guaranteed.

It all comes down to the labor market, immigration, and tariffs. What is really going on in terms of how many workers are available?

A shockingly soft labor report reignited Wall Street's recession fears, but Corporate America might be telling an entirely different story—one that shows signs of strength not seen in years.

A stronger-than-expected labor report just crushed any hopes that the Federal Reserve would lower rates this month—despite speculation from Wall Street and direct demands from President Donald Trump.

Bank of America analysts are optimistic about stocks in 2025, expecting a 10% increase in S&P 500 index to 6,666, driven by earnings growth and sector rotation.

“​​For now, we think the broader macro data flow does not point to recession," Bank of America's economics team wrote Monday.