INSANE: 3 | Rare Historical Photos

Dollar Edges Up on Weak Stocks and Crude Oil Strength

The dollar index (DXY00 ) rose by +0.24% on Tuesday. The dollar rose on Tuesday amid weakness in stocks, boosting liquidity demand for the currency. Also, higher crude oil prices on Tuesday pushed up inflation expectations and could persuade the Fed to keep monetary policy tight, a supportive factor for...

Barchart · Jul 7

Stock Indexes Falter as Chip Stocks Tumble

The S&P 500 Index ($SPX ) (SPY ) today is down -0.67%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.14%. September E-mini S&P futures (ESU26 ) are down -0.68%, and September E-mini Nasdaq futures...

Barchart · Jul 7

Dollar Firms on Stock Weakness and Hawkish Williams

The dollar index (DXY00 ) is up by +0.13% today. The dollar is moving higher today amid weakness in stocks, which is boosting liquidity demand for the currency. Also, hawkish comments today from New York Fed President John Williams boosted the dollar, as he said inflation is still quite high....

Barchart · Jul 7

AI is getting too much of the blame for graduate hiring prospects, and there could be a job perk that is actually behind it all

New York Federal Reserve Bank data shows that graduate unemployment started rising before AI was really a thing.

TechRadar · Jun 3

Young and unemployed? Remote work, not AI, may be the problem, study finds

Remote work is making companies hesitant to hire young graduates. A New York Fed study shows this is a key reason for increased unemployment among recent college leavers. Businesses find it harder to train and mentor new staff remotely. This trend predates AI tools. The job market shows fewer layoffs…

The Economic Times · Jun 1

More Americans are going hungry now than during the pandemic, as people face a 'remarkable' rise in food insecurity, New York Fed says

A higher percentage of households report dipping into savings and skipping meals than during the pandemic in 2020.

Fortune · May 28

Household Debt Reaches New All-Time High, NY Fed Data Shows

U.S. household debt reached a new all-time high in the first quarter of the year, clocking in at $18.8 trillion, according to data from the New York Federal Reserve.

International Business Times · May 12

Car Loan Debt Hits $1.68 Trillion Record High As Drivers Struggle With Car Payments, Report Finds

A new analysis found that aggregate auto debt has climbed 37% since early 2018, reaching the highest level ever recorded.

Latin Times · May 7

Gas price surge hits lower-income Americans the hardest, research shows

This trend has exacerbated existing economic disparities across the nation

The Independent UK · May 6

K-shaped economy is real, per New York Fed research

New research confirms the K-shaped dynamics (with a catch).

Axios · May 1