The U.S. economy appears to be experiencing a much-anticipated soft landing, thanks to careful interventions by the Federal Reserve. The central bank's measured increase in interest rates has resulted in a well-balanced economy with reduced inflation. This positive outcome bodes well for Americans. However, the situation is quite different in other parts of the world. Europe, … [Read more...] about A Soft Landing in the U.S., but Challenges Abroad
Economic Growth
Dow Snaps Longest Win Streak in Almost 40 Years
The Dow Jones Industrial Average (DJIA) ended its impressive winning streak on Thursday, experiencing a decline as stocks pulled back and bond yields rose. This shift came after U.S. economic growth surged in the second quarter. Stock Market Performance According to preliminary FactSet data, the DJIA fell around 237 points, or 0.7%, and closed near 35,282. The S&P 500 index … [Read more...] about Dow Snaps Longest Win Streak in Almost 40 Years