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The Latest Breaking News from Bill Adams

Stock Market Today: Stocks end higher, oil tumbles, ahead of massive week

Five Mag 7 earnings, a key inflation reading and the September jobs report are all on deck this week.

The Street

Doing More with Less

How Canada’s forestry sector is making the most of a valuable resource

The Walrus

Stock Market Today: Stocks End Mixed Ahead of August Jobs Report

The main indexes struggled for direction Thursday after data showed the labor market continued to cool.

Kiplinger

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Jobs report to signal timing and size of autumn Fed interest rate cuts

The Fed's new emphasis on job-market data puts Friday's nonfarm-payrolls report in sharp focus.

The Street

Stock Market Today: Dow Spikes 742 Points After UnitedHealth Earnings

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

Kiplinger

May Job Openings Top Expectations: What to Know

Job openings in May were higher than economists expected, while April's number was revised lower. Here's what you need to know.

Kiplinger

Aust shares plunge 1.8 pct in worst loss in a year

Every sector has lost ground in broad-based selling ahead of another important US inflation readout seen as key in determining the speed of rate cuts.

AAP

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Stock Market Today: Dow Drops 404 Points Ahead of Powell's Testimony

The main indexes sold off sharply as anxiety ramped up ahead of tomorrow's congressional testimony from Fed Chair Powell.

Kiplinger

Stock Market Today: Stocks turn lower as produce prices leap revives inflation concern

Producer-price figures set up a data rubber match on Wall Street after a hot consumer-inflation report and a retail-sales slump.

The Street

Stock Market Today: Stocks Rise Ahead of Fed Meeting, Big Tech Earnings

The main indexes notched notable gains ahead of a busy week on Wall Street.

Kiplinger

Stock Market Today: Stocks Close Flat After Mixed Inflation Data

Stocks closed well off their session highs after data showed headline inflation accelerated in December.

Kiplinger

US Achieves Record Oil Production Amidst Geopolitical Tensions

Despite conflicts and regulatory challenges, US oil production reaches highest level on record, boosting economy

Zenger

What’s pushing inflation down? More goods, workers and housing

But many economists say a key reason why so many Americans hold a gloomy view of the economy is that prices — on items that they buy regularly — remain much higher than they were three years ago.

Chicago Sun-Times

The average long-term US mortgage rate rises for 7th straight week, 30-year loan reaches 7.79%

The average rate on the benchmark 30-year home loan rose for the seventh straight week, making a significant hurdle for prospective homebuyers

The Independent UK

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Reason

Kevin McCarthy's Impeachment Inquiry Provokes Predictably Polarized Reactions

Plus: The Stations of the Cross isn't a zoning violation, inflation is making people poorer, and Russian mercenaries win hearts and minds with their own branded beer.

Fortune

Walmart is trimming starting wage for some new employees in sign that red hot U.S. labor market is cooling off

The grocery chain raised its minimum wage earlier this year.

Zenger

Robinhood Q2 Earnings: Loss Expected, Focus On Retail Trading Activity

Investors await results as higher interest rates and declining transaction revenues impact performance.

The Street

Cloudy Outlook for Fed Policy After Wednesday's Rate Hike

Jerome Powell's Federal Reserve raised interest rates to a 22-year peak with its 11th increase since March 2022.

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The Street

Consumer sentiment index rises

All of us play a key role in the economy, with consumer spending making up more than two-thirds (68%) of GDP.

Zenger

US Small Business Confidence Reaches 7-Month High Despite Inflation And Labor Concerns

NFIB's Small Business Optimism Index jumps to 91 in June, highest since August 2022, signaling resilience amid challenges.

Investors Business Daily

Housing Rebound Lifts IBD Stock Of The Day Meritage Homes To Buy Point

Meritage Homes reclaimed a buy point on good news for homebuilders but potentially not great news for the S&P 500 and Fed.

Kiplinger

Stock Market Today: Stocks Swing After Fed Signals More Rate Hikes

The Fed stood pat on interest rates this time around but the central bank's hawkish outlook made for a volatile afternoon.

Kiplinger

Stock Market Today: Stocks Slip as Consumer Sentiment Slides

Concerns about the debt ceiling also weighed on stocks Friday.

The Street

Fed Looks Set to Raise Rates Once More After Inflation Data

Price increases are high enough to justify a Fed move in May, traders and investors say. Then they expect a pause.

The Street

Housing-Market Gloom Continues as Mortgage Rates Climb

The 30-year fixed mortgage rate rose to an average of 6.65% in the week ended Thursday, from 6.5% last week.

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