Bill Adams

The Federal Reserve held interest rates steady at a range of 4.25% to 4.5% on Wednesday, following a series of three consecutive rate cuts that began in September. Here's a look at how experts see the Federal Reserve's path ahead.  Expert Ideas: Multiple economists noted that the language in the...

The U.S. economy closed 2024 with a robust jobs report, adding 256,000 payrolls in December, far exceeding expectations. Despite the strong showing, economists are cautious, citing the continued inflationary pressures that may deter the Federal Reserve from cutting rates anytime soon. A Resilient...

U.S. stock futures climbed on Thursday in premarket hours after the indices declined in the previous session following a hawkish cut from the Federal Reserve. The futures of all four major indices were trading higher. The 10-year and two-year Treasury notes yielded 4.54% and 4.32%, respectively. On...

The Federal Reserve announced a widely anticipated 25-basis-point interest rate cut at its December meeting Wednesday, lowering the federal funds rate to a range of 4.25% to 4.5%. The cut is the third consecutive reduction in borrowing costs following a 50-basis-point cut in September and a 25-...

The November jobs report released Friday showed nonfarm payrolls surged by 227,000, a significant jump from October's weather and Boeing strike-related disruptions. Experts are weighing in on what the report could mean for interest rates in the future.  Expert Ideas:  Glen Smith, chief...

The Federal Reserve lowered interest rates by 0.25 percentage points on Thursday, bringing the federal funds rate to a range of 4.5% to 4.75%. Economists are weighing in on what the policy path ahead may look like.  Michael Brown, senior research strategist at Pepperstone, sees the Fed...

The October employment report released Friday morning showed the U.S. economy added only 12,000 jobs in October, well-below estimates of 113,000 and the lowest monthly pace since December 2020. Economists are weighing in on the impact of the hurricanes on the report and the potential for future...

Wall Street is priming for a positive start on Friday after the major averages ended narrowly mixed in the previous session. Positive reaction to Netflix, Inc.’s (NASDAQ:NFLX) earnings could provide a lift to the tech space, given earnings news flow from the sector will likely start in...

Traders are cautiously optimistic ahead of the all-important payrolls report, with the index futures narrowly mixed in early Friday. The suspension of the Longshoremen’s strike removes one of the overhangs even as the Middle East tensions rage unabated. The September job gains could have a...

Data on the U.S. labor market could signal how aggressive the Federal Reserve will be when deciding if they should cut interest rates in November, after already announcing a rate cut of 50 basis points in September. The Bureau of Labor Statistics is set to release the official September jobs report...

Friday's Personal Consumption Expenditure (PCE) price index report could validate the recent decision to cut interest rates and foreshadow the size of future cuts. PCE Report: The monthly PCE report is scheduled for release at 8:30 a.m. ET Friday. The data will be closely monitored by investors and...

U.S. stocks could open Thursday’s session modestly higher after the remarkable recovery they staged in the previous session. The spotlight is on the producer price inflation report for August as traders seek confirmation regarding a sustained downward move in inflation, and the weekly jobless...

The August payroll report from ADP Thursday is tipping odds toward a 0.5% rate cut by the Federal Reserve two weeks from now, according to economists. The report said 99,000 jobs were added in August — down from 140,000 expected — and reflects the fifth straight month of slowing private payroll...

After Thursday’s mixed close, stocks appear to be headed for a positive start, although Monday’s Labor Day holiday will likely keep volume anemic. The index futures were solidly higher early Friday and sustenance of the sentiment hinges largely on an inflation readout due ahead of the...

Thursday’s revised gross domestic product figure was a clear indication the U.S. economy is faring pretty well, according to an economist. “The GDP revisions show the U.S. economy was in good shape in mid-2024,” Bill Adams, chief economist for Comerica Bank, said Thursday. “...