PCE Report: Fed's Preferred Inflation Gauge Hit 2.8% In September
On an annual basis, core PCE stood at 2.8% in September, in line with expectations.
Stocktwits·5h ago
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Trump Greenlights ‘Tiny Cars’ For US Production After Signaling Support Earlier This Week
Earlier this week at the White House, Trump hinted at approving ultra-compact vehicles, questioning how kei cars would perform in the U.S. market.
Stocktwits·5h ago
Kevin Hassett Reportedly Says 'It's A Good Time' For Fed To Reduce Rates Cautiously
The NEC Director is currently among the frontrunners to succeed Fed Chair Jerome Powell, whose term expires in May next year.
Stocktwits·6h ago
Morgan Stanley Now Predicts 25 Bps Rate Cut In December Meeting, Reversing Earlier Stance: Report
The firm said it may have jumped the gun on its earlier stance and added that Chair Powell will indicate that further cuts will come at a higher bar.
Stocktwits·7h ago
Ahead Of PCE Data Release, Here's What CME FedWatch Is Indicating About December Fed Rate Cut Chances
According to data from the CME FedWatch tool, there is an 87.2% probability of a 25 basis point rate cut next week.
Stocktwits·8h ago
SoFi Stock On Course For Another Blockbuster Year — Retail Traders Want To Buy The Dilution Dip As S&P 500 Inclusion Buzz Builds
For SoFi, 2025 has been marked by significant revenue and user milestones, as well as possible inclusion in the S&P 500 Index and greater room to grow.
Stocktwits·10h ago
Nasdaq, S&P 500 Futures Set For Firm Open Ahead Of PCE Inflation Data: Why NFLX, SMX, SOFI, IOT Are On Traders' Radar
Retail sentiment, however, remains cautious, with SPY and QQQ flashing bearish on Stocktwits.
Stocktwits·11h ago
Federal Reserve Mulls Shutting Down Check Services Amid Falling Usage And Rising Fraud Risks
The Fed launched a review of its check operations amid declining usage, rising fraud and costly infrastructure.
Stocktwits·21h ago
Trump Administration Eases Investment Deadlines For Large Pharma Companies: Report
The report added that at least one of these companies expects to fulfill the multi-billion-dollar investment pledge in full by Jan. 1, 2029.
Stocktwits·1d ago
Jobless Claims Fall To Lowest Level Since September 2022
According to data released by the U.S. Department of Labor on Thursday, jobless claims declined by 27,000 to 191,000 in the week ended November 29.