Financial News for the Week of May 19th, 2023
Financial News Highlights Financial markets remained eerily positive this week, despite the debt ceiling X-date looming with no bipartisan deal in sight. Retail sales data for April showed the continued resilience of the…
Financial News for the Week of May 12th, 2023
Financial News Highlights Inflation eased modestly in April, with headline and core CPI both ticking down by 0.1 percentage points to 4.9% and 5.5% year-on-year respectively. The…
Featured Article: In Retirement, We Have More Time Than Ever. But We Want to Use It Wisely.
In Retirement, We Have More Time Than Ever. But We Want to Use It Wisely. We have fantasized about this moment for decades. The trick is learning how to savor it. By Stephen Kreider Yoder and Karen Kreider Yoder May 4, 2023 11:00 am ET……
Financial News for the Week of May 5th, 2023
Financial News Highlights The Federal Reserve hiked the policy rate 25 basis points this week, lifting it to a 16-year high of 5.00-5.25%. Changes in FOMC statement hinted at the potential for a pause, though Chair…
Financial News for the Week of April 28th, 2023
Financial News Highlights U.S. real GDP growth slowed to 1.1% quarter-over-quarter (q/q) annualized in 2023 Q1, from 2.6% q/q in the previous quarter. A measure of underlying domestic demand accelerated to 2.9% q/q,…
Financial News for the Week of April 21st, 2023
Financial News Highlights China’s economy saw solid growth in the first quarter, with a strong rebound in consumption and exports after lockdowns were lifted at the end of last year. U.S. existing home sales fell by…
Financial News for the Week of April 14th, 2023
Financial News Highlights Headline inflation rose 0.1% m/m in March, while core rose by a strong 0.4% m/m. The 12-month change on headline slipped to a near two-year low of 5%, while core ticked higher to a still…
Featured Article: 5 Best Places to Stay in U.S. National Parks
5 Best Places to Stay in U.S. National Parks America’s national parks offer some of the best places to immerse yourself in nature, with stunning coastal and mountain landscapes that provide the ultimate spot for outdoor adventure.…
Financial News for the Week of March 31st, 2023
Financial News Highlights FOMC voting members noted the interest rate path will depend on incoming data and highlighted the uncertainty surrounding the effects of regional bank stress on credit availability.…
Financial News for the Week of March 24th, 2023
Financial News Highlights The Federal Reserve delivered a modest 25-basis point hike this week amid banking stress, lifting the policy rate to a range of 4.75-5.00% – a level that’s just a hair below its previous…