The central bank expects core PCE inflation to hit 2.8% in 2025 compared to a December projection of 2.5%. At the same time, the Fed has lowered its growth estimate to 1.7% from the 2.1% estimated in December.
For many investors, the goal of achieving financial independence or building wealth in the long run focuses around strategies like dividend reinvestment plans and
Risk sentiment shows signs of recovery by midday trading in New York, as investors anxiously await the Federal Open Market Committee (FOMC) meeting at 2:00 p.m., hoping that Federal Reserve Chair Jerome Powell will offer reassuring remarks on the strength of the economy.
US markets closed in red, Fed expected to hold rates steady, Trump and Putin agreed to limited Ukraine ceasefire. US data showed strong results. Most S&P 500 sectors down, energy & healthcare up. Asia markets mixed, Europe up. Commodities down, USD slightly up due to recession fears and tariffs.
Super Micro announced support for the new Nvidia RTX PRO 6000 Blackwell Server Edition GPU and also new systems and rack solutions powered by the Blackwell Ultra platform.
it looks like the street might be using retail to liquidate their over-leveraged positions in the Mag7 group, because that is the one area of the market that has notably underperformed over the last two days.
BofA's survey shows rising home improvement spending plans, falling consumer confidence, and growing expectations for higher grocery costs among households.
For many people, the idea of passive income is beyond charming, and it is what drives countless individuals to explore different investment approaches.
Investor confidence is slipping as cash levels rise and U.S. equity exposure drops. Survey shows fading belief in U.S. exceptionalism and shift to safer assets like gold.
