Inflation will be hard to control if it gets ‘out of hand’: Harvard economist

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5 things to know before the stock market opens Friday, May 13

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow futures pop after the 30-stock average’s six-session losing streak The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, … Read more

Consumer credit card debt nears an all-time high

To keep up with rising prices, many consumers are leaning on their credit cards. Credit card balances rose year over year, reaching $841 billion in the first three months of 2022, according to data released Tuesday from the Federal Reserve Bank of New York. Although balances fell slightly from where they stood at the end … Read more

5 things to know before the stock market opens Wednesday, May 4

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to rise ahead of Fed decision, after weaker ADP data Traders on the floor of the NYSE, May 3, 2022. Source: NYSE US stock futures pointed to a higher open Wednesday ahead of the … Read more

5 things to know before the stock market opens Monday, May 2

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures rose after Nasdaq’s worst month since 2008 Traders on the floor of the NYSE, April 28, 2022. Source: NYSE US stock futures were mixed on the first trading day of May. The Nasdaq closed out April … Read more

5 things to know before the stock market opens Thursday, April 28

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures soar as stocks look to get back on track The Nasdaq Market Site in New York. Michael Nagle | Bloomberg | Getty Images Nasdaq futures bounced nearly 2% on Thursday, boosted by a 14% pop … Read more

This is how inflation, interest rates can impact your credit card debt

Consumers are putting more purchases on plastic — and paying more for the privilege. Rising prices have caused many Americans to feel suddenly cash-strapped and more dependent on credit cards to make ends meet. After consumers paid off a record $83 billion in credit card debt during the pandemic, helped by government stimulus checks and … Read more

5 things to know before the stock market opens Wednesday, April 27

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street to open higher after Nasdaq’s nearly 4% plunge Traders work on the floor of the New York Stock Exchange. NYSE US stock futures bounced Wednesday, getting a boost from Dow stock Microsoft’s nearly 4% premarket … Read more

5 things to know before the stock market opens Tuesday, April 26

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures fail to follow through on Wall Street’s comeback Traders work on the floor of the New York Stock Exchange (NYSE) on April 25, 2022 in New York City. Spencer Platt | Getty Images US stock … Read more

5 things to know before the stock market opens Friday, April 22

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures mixed after Fed’s Powell knocked markets for a loop Pedestrian’s walk past the NASDAQ MarketSite in New York’s Times Square. Eric Thayer | Reuters US stock futures were mixed Friday, one day following an afternoon market … Read more