Business

Trading Day: Hello inflation, goodbye 2026 Fed cut

Wednesday, March 18 by SRN News

By Jamie McGeever ORLANDO, Florida, March 18 (Reuters) - Wall Street sank and Treasury yields leaped on Wednesday as traders interpreted a spike in oil, hot U.S. producer prices, and underlying signals from the Federal Reserve - even as the central bank stood pat on... Read More.

BOJ set to hold rates steady as Middle East conflict muddles outlook

Wednesday, March 18 by SRN News

TOKYO, March 19 (Reuters) - The Bank of Japan is expected to keep interest rates steady on Thursday, as it awaits more clarity on how the deepening Middle East conflict could affect the trajectory of an import-reliant economy that had already seen inflationary pressure... Read More.

Nation’s largest retail group forecasts 4.4% gain in retail sales for this year despite volatility

Wednesday, March 18 by SRN News

NEW YORK (AP) - The National Retail Federation, the nation's largest retail trade group, is forecasting annual retail sales will grow at a faster clip this year than last year, citing consumers' resilience despite lots of economic volatility. But the group said Wednesday that the... Read More.

From NIL deals to retirement at 35: JPMorgan aims to help athletes avoid bad money habits

Wednesday, March 18 by SRN News

NEW YORK (AP) - JPMorgan Chase said Wednesday that it will start building wealth advising services that help athletes who come into money as a result of their talents make that money work for them a long time. The initiative is not aimed just at... Read More.

Cable news network MS NOW shuffles schedule, moving Stephanie Ruhle and Alicia Menendez to daytime

Wednesday, March 18 by SRN News

NEW YORK (AP) - The cable news network MS NOW is shuffling its schedule, moving anchors Stephanie Ruhle and Alicia Menendez into the daytime hours and shaving an hour off "Morning Joe." Ruhle will anchor a two-hour daytime slot starting at 9 a.m. ET, while... Read More.

Compass dismisses lawsuit against Zillow after ‘Zillow ban’ ends

Wednesday, March 18 by SRN News

NEW YORK, March 18 (Reuters) - Compass, the largest U.S. residential real estate brokerage, on Wednesday dismissed its lawsuit accusing Zillow of violating antitrust law by restricting listings of new homes. Zillow, the largest U.S. online real estate portal, was accused of illegally refusing to... Read More.

Instant View: Fed holds rates steady as expected, calls inflation somewhat elevated

Wednesday, March 18 by SRN News

NEW YORK, March 18 (Reuters) - The Federal Reserve held its policy rate steady on Wednesday, as was widely expected, citing somewhat elevated inflation and giving little indication when it might next cut short-term borrowing costs. Fed officials' economic projections indicated they expect to... Read More.

Fed’s Powell says he’ll stay as Fed leader until successor confirmed

Wednesday, March 18 by SRN News

March 18 (Reuters) - Federal Reserve Chair Jerome Powell said on Wednesday he will stay on as central bank leader if his successor is not confirmed by May, when his current chair term ends. "If my successor is not confirmed by the end of my... Read More.

Fed’s Powell says latest Fed forecasts are unusually uncertain

Wednesday, March 18 by SRN News

By Michael S. Derby March 18 (Reuters) - Federal Reserve Chair Jerome Powell said Wednesday the latest round of Fed forecasts are a bit of a shot in the dark given uncertainty created by the Iran war. Commenting on the Fed's Summary of Economic Projections released... Read More.

Powell says ‘stagflation’ is a 1970s term, not what we face today

Wednesday, March 18 by SRN News

WASHINGTON, March 18 (Reuters) - Federal Reserve Chair Jerome Powell said on Wednesday that the current U.S. economic situation, even with the Iran war-induced spike in energy prices was far removed from the "stagflation" of the 1970s, with current inflation only one percentage point... Read More.

Current Weather

Trading Day: Hello inflation, goodbye 2026 Fed cut

BOJ set to hold rates steady as Middle East conflict muddles outlook

From NIL deals to retirement at 35: JPMorgan aims to help athletes avoid bad money habits

Cable news network MS NOW shuffles schedule, moving Stephanie Ruhle and Alicia Menendez to daytime

Compass dismisses lawsuit against Zillow after ‘Zillow ban’ ends

Instant View: Fed holds rates steady as expected, calls inflation somewhat elevated

Fed’s Powell says he’ll stay as Fed leader until successor confirmed

Fed’s Powell says latest Fed forecasts are unusually uncertain

Powell says ‘stagflation’ is a 1970s term, not what we face today

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