CNBC Daily Open: Fed's dot plot calms some market jitters
The U.S. Federal Reserve kept interest rates steady, as widely expected, and kept its projection of two rate cuts this year.
Russia is dangling the prospect of major economic deals with the US, while pursuing its aggressive goals in Ukraine
Russia is raising tantalizing economic deals with the US in Ukraine peace talks. Space, Arctic economic exploration, and ...
Stocks waver as investors ponder what to make of rising economic uncertainty
Where does that leave investors? Scratching their heads, judging by today's trading. Stocks wobbled early, rebounded and then lost momentum in the afternoon. The S&P 500 fell 12 points, or 0.2%, to ...
Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the ...
US Stocks Likely To Open Lower, But 'Economic Conditions Don't Signal A Downturn,' Say Analysts As They Expect 'Resilient Earnings' To Lift Equities
U.S. stock futures declined on Friday after tumbling in trade on Thursday. Futures of all four indices were lower in ...
Market Open: Strong Commodity Gains Boost TSX | Tuesday, March 25, 2025
Futures tied to Canada’s main stock index tipped up this morning with strong commodity prices leading the charge through ...
US Federal Reserve Maintains Interest Rates Amid Economic Uncertainty
The decision to halt any further increases in interest rates reflects a cautious approach by the Federal Open Market Committee (FOMC). Although many economists expected a reduction stemming from ...
Fed Ups Inflation Forecast and Expects Less Economic Growth Amid Trade Uncertainty
Despite a solid pace of economic activity, Chairman Jerome Powell highlighted increased uncertainty in the economic outlook. The Fed’s stance reflects a cautious approach amid rising inflation ...
Asia-Pacific markets set for lower open weighed by U.S. economic uncertainties
Asia-Pacific markets set for a lower open, tracking Wall Street losses as uncertainty around the U.S. economy continued to ...
Amid a grimmer outlook from the Fed, there’s a lone, mysterious holdout predicting stronger economic growth
The Fed’s consensus for GDP growth dropped from 2.1% to 1.7% after its latest round of economic forecasts published Wednesday ...
Is OpenAI doomed? Open-source models may crush it, warns expert
Large language models are now commodities, making OpenAI's business model vulnerable to the economics of open-source AI such ...
Top Federal Reserve official says market angst over inflation would be ‘red flag’
Signs that investors in the US bond market are baking in higher inflation would be a “major red flag” that could upend policymakers’ plans to cut interest rates, a top Federal Reserve official warned.