Stocks were generally flat after the opening bell on Friday ahead of Federal Reserve Chair Jerome Powell's comments in a speech at Spelman College later. Investors are growing optimistic that the central bank is done raising rates and may start cutting next year.
Share:
More In Business
Stock Market Today: Wall Street Rises as Reports Raise Hopes for Perfect Landing for the Economy
Wall Street is drifting higher after reports showed the job market remains solid, but key parts of the economy still don’t look like they’re overheating.
Biden Administration Cuts Pay for Student Loan Servicers After a Bungled Return to Repayment
The Biden administration is docking more than $2 million in payments to student loan servicers that failed to send billing statements on time after the end of a pandemic payment freeze.
U.S. Employers Add a Surprisingly Strong 216,000 Jobs in a Sign of Continued Economic Strength
The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American job market remains resilient even in the face of sharply higher interest rates.
SpaceX Accused of Unlawfully Firing Employees Who Were Critical of Elon Musk
A U.S. labor agency has accused SpaceX of unlawfully firing employees who penned an open letter critical of CEO Elon Musk and creating an impression that worker activities were under surveillance by the rocket ship company.
Overcoming a Financial 'Hangover' After the Holidays
Financial expert Marta Skik Harich offers advice on overcoming the post-holidays financial blues and getting that new year budget on track.
Magnetic Balls Recalled Over Potential Health Risks
Magnetic Balls Recalled Over Potential Health Risks
Need2Know Biz: Google Privacy Settlement, Boeing Concerns & Nvidia Chips for China
Need2Know Biz: Google Privacy Settlement, Boeing Concerns & Nvidia Chips for China
BlendJet Recalls 4.8M Blenders
BlendJet Recalls 4.8M Blenders
OAPN: New Jersey Coffee Shop Employs People With Disabilities
New Jersey café hires people with disabilities.
