By AFP via Getty ImagesKey takeaways July’s PCE headline and core inflation both ticked higher but in line with analyst predictions Investors are increasingly confident of a pause in interest rates from the Fed in September The three major markets were mixed at the data set, with more jobs stats to come on Friday It’s…
By InvestorPlace – Stock Market News, Stock Advice & Trading Tips Inflation in the U.S. peaked at 9.1% in June 2022. Since then, it has backed off considerably and currently sits at 3.2%. While the inflation decline has been considerable, consumer price increases remain above the 2% annualized target set by the U.S. Federal Reserve….
By More From ForbesAug 31, 2023,10:39am EDTRetail Execs Brace for a Lean Holiday Season”,”scope”:{“topStory”:{“index”:2,”title”:”Retail Execs Brace for a Lean Holiday Season”,”image”:”https://specials-images.forbesimg.com/imageserve/64f097420149036d9eeeedf7/290×0.jpg?cropX1=51&cropX2=887&cropY1=0&cropY2=470″,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Aug 31, 2023″,”hourMinute”:”09:36″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1693489003388},”uri”:”https://www.forbes.com/sites/gregpetro/2023/08/31/retail-execs-brace-for-a-lean-holiday-season/”}},”id”:”316g15fbb6lk00″},{“textContent”:”Aug 30, 2023,03:18pm EDTUnited Parcel Service A Top Socially Responsible Dividend Stock With 3.8% Yield”,”scope”:{“topStory”:{“index”:4,”title”:”United Parcel Service A Top Socially Responsible Dividend Stock With 3.8% Yield”,”image”:”https://specials-images.forbesimg.com/imageserve/64ef6174522487bcb8b575b7/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Aug 30, 2023″,”hourMinute”:”11:35″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1693409715518},”uri”:”https://www.forbes.com/sites/dividendchannel/2023/08/30/united-parcel-service-a-top-socially-responsible-dividend-stock-with-38-yield/”}},”id”:”bkkei0rc0d0000″},{“textContent”:”Aug 30, 2023,11:13am EDTThese Tax-Free Dividends…
By Inflation could rebound, thanks to high energy prices and hot economic growth. Inflation accelerated just 3.2% year-per-year, according to the July CPI report. But prices are likely hovering around the 5% range when considering those factors, one economist says. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized…
By More From ForbesAug 30, 2023,11:35am EDTSTAR Board’s “688 Rally” Defies Hong Kong Profit-Taking”,”scope”:{“topStory”:{“index”:2,”title”:”STAR Board’s “688 Rally” Defies Hong Kong Profit-Taking”,”image”:”https://specials-images.forbesimg.com/imageserve/64ef59ebb1b7a1452ab575a3/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Aug 30, 2023″,”hourMinute”:”11:13″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1693408417760},”uri”:”https://www.forbes.com/sites/brendanahern/2023/08/30/star-boards-688-rally-defies-hong-kong-profit-taking/”}},”id”:”dpbom9bgibh400″},{“textContent”:”Aug 30, 2023,10:37am EDTWhy You Should Buy Low Volatility Stocks”,”scope”:{“topStory”:{“index”:4,”title”:”Why You Should Buy Low Volatility Stocks”,”image”:”https://specials-images.forbesimg.com/imageserve/64eea34e8cf75e6ecc3b0614/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Aug 29, 2023″,”hourMinute”:”10:10″,”amPm”:”pm”,”isEDT”:true,”unformattedDate”:1693361459188},”uri”:”https://www.forbes.com/sites/lawrencelight/2023/08/29/why-you-should-buy-low-volatility-stocks/”}},”id”:”222g898aj38q00″},{“textContent”:”Aug 29, 2023,07:40pm EDTRebounding Home Prices In 2023 Aren’t Following The Fed’s Script. Here’s Why”,”scope”:{“topStory”:{“index”:6,”title”:”Rebounding Home…
By More From ForbesAug 28, 2023,10:45am EDTInvestors Remain On Sidelines Despite Market Friendly Reforms”,”scope”:{“topStory”:{“index”:2,”title”:”Investors Remain On Sidelines Despite Market Friendly Reforms”,”image”:”https://specials-images.forbesimg.com/imageserve/64ecabaa0ede4b5b64d8ae25/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Aug 28, 2023″,”hourMinute”:”10:20″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1693232413226},”uri”:”https://www.forbes.com/sites/brendanahern/2023/08/28/investors-remain-on-sidelines-despite-market-friendly-reforms/”}},”id”:”b6bq85cdoik000″},{“textContent”:”Aug 28, 2023,09:28am EDTInvestor Warning: September Is The S&P 500’s Worst Performing Month!”,”scope”:{“topStory”:{“index”:4,”title”:”Investor Warning: September Is The S&P 500’s Worst Performing Month!”,”image”:”https://specials-images.forbesimg.com/imageserve/64ec8585f6abd4f8c2d8ae1f/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Aug 28, 2023″,”hourMinute”:”08:34″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1693226099237},”uri”:”https://www.forbes.com/sites/simonconstable/2023/08/28/investor-warning-september-is-the-sp-500s-worst-performing-month/”}},”id”:”52b851kmj4co00″},{“textContent”:”Aug 27, 2023,01:44pm EDTThe 10% Yielding Real Estate Portfolio”,”scope”:{“topStory”:{“index”:6,”title”:”The 10%…
By Rising trade barriers. Aging populations. A broad transition from carbon-spewing fossil fuels to renewable energy. The prevalence of such trends across the world could intensify global inflation pressures in the coming years and make it harder for the Federal Reserve and other central banks to meet their inflation targets. That concern was a theme…
By After Federal Reserve chair Jerome Powell ended the week noting the central bank is “prepared to raise rates further,” the economic calendar will bring two of the Fed’s key data points into focus in the week ahead: A labor report and an updated look at inflation.The Personal Consumption Expenditures (PCE) index, the Fed’s preferred…
By More From ForbesAug 25, 2023,04:26am EDTWill The Judge Who Let Police Raid A Small Kansas Newspaper Be Held Accountable?”,”scope”:{“topStory”:{“index”:2,”title”:”Will The Judge Who Let Police Raid A Small Kansas Newspaper Be Held Accountable?”,”image”:”https://specials-images.forbesimg.com/imageserve/64e74562ac1966f8f2d8ae1f/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Aug 24, 2023″,”hourMinute”:”08:17″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1692879422957},”uri”:”https://www.forbes.com/sites/instituteforjustice/2023/08/24/will-the-judge-who-let-police-raid-a-small-kansas-newspaper-be-held-accountable/”}},”id”:”6f8f47k228hc00″},{“textContent”:”Aug 24, 2023,06:00am EDTPrigozhin’s Death: Why Is Nobody Asking If The Ukrainians Did It?”,”scope”:{“topStory”:{“index”:4,”title”:”Prigozhin’s Death: Why Is Nobody Asking If The…
By Federal Reserve Chair Jerome Powell was nothing if not clear during his Friday speech from Jackson Hole, Wyoming: Getting inflation down is still the Fed’s first and overwhelming priority. And they’re not going to rest or stop considering more rate hikes if the data dictates. Oh, and by the way, Powell made clear yet again…