Stock market flirts with bear market; Americans fear recession
The stock market came back from a midday drop Friday, the day ending with the S&P 500 Index 18.6 percent below the record high set in early January.
The stock market came back from a midday drop Friday, the day ending with the S&P 500 Index 18.6 percent below the record high set in early January.
The Fed's main monetary policy tool is the federal funds rate, which acts as a benchmark for every other interest rate in the U.S. economy - from borrowing rates for mortgages to business loans. It also helps determine many other rates around the world.
Most small business owners are concerned about continued inflation but still expect their revenue to increase by the end of the year.
As inflation rose last year to a 40-year high, Americans' credit card debt also soared.
Hospitals in the Denver metro area had total profits of $1.4 billion in 2020, according to a recent report from the state Department of Health Care Policy & Financing
One key predictor of downturns in the economy is what is known as the yield curve. This typically refers to the market for what the US government borrows, by issuing bonds and other securities.
President Joe Biden unveiled a new 2023 budget proposal Monday along with major tax increases to help pay for it.
The Federal Reserve has begun its most challenging inflation-fighting campaign in four decades. And a lot is at stake for consumers, companies and the U.S. economy.
Everyone makes mistakes. And that includes the world's biggest companies, which are reliably prone to gaffes, errors of judgment and wrongdoing.
Since markets tend to react to geopolitical risks, US Federal Reserve economists Dario Caldara and Matteo Iacoviello recently built a geopolitical risk index (GPR) to be able to compare events at different points in time.