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A CIO details 4 reasons why the recent inflation spike is temporary — and says the Fed will still cut rates 3 times this year

Jeffrey Greenberg/Universal Images Group via Getty ImagesThe recent rebound in inflation is about to end, according to a note from Raymond James.The firm highlighted four reasons why rising prices should reverse, including an expected slowdown in economic growth.Raymond James' CIO also explained why he still sees the Fed cutting interest rates three...

Mon Apr 15, 2024 17:50
Trump's hush-money trial might make him miss Barron's high school graduation ceremony

Donald Trump enters jury selection at first criminal trial. ANGELA WEISS/POOL/AFP via Getty ImagesDonald Trump's criminal trial may prevent him from attending son Barron's high school graduation.The historic trial began with jury selection in a Manhattan courtroom on Monday.The judge has not yet decided on Trump's request to skip trial for the graduation...

Mon Apr 15, 2024 17:50
Donald Trump enters the courtroom at the start of his first criminal trial — head held high

Donald Trump in Manhattan criminal court.ANGELA WEISS/POOL/AFP via Getty ImagesDonald Trump is in court for his first criminal trial.He stepped into Manhattan criminal court Monday morning, where jury selection will soon begin.The hush-money case marks first-ever criminal trial against a former US president.At 9:31 AM, Donald Trump crossed the threshold.With...

Mon Apr 15, 2024 17:18
How an unrelated Supreme Court decision could jeopardize Biden's new student-loan forgiveness plan before it even goes into effect

US President of the United States Joe Biden delivers remarks on student debt and lowering costs for Americans at Madison College in Madison, Wisconsin, United States on April 8, 2024. Kyle Mazza/Anadolu via Getty ImagesBiden released new details for his second attempt at student-loan forgiveness.While it likely won't go into effect until the fall, an...

Mon Apr 15, 2024 16:48
Looking for a career change? What the new Goldilocks labor market means for job seekers and workers

Paul Bersebach/MediaNews Group/Orange County Register via Getty ImagesIndeed's Nick Bunker said we're settling into a time of "a more boring labor market."Business Insider looked at how components of the labor market have settled down, like wage growth.Bunker said "Job seekers still have some bargaining power," but he added, "more employees are staying...

Mon Apr 15, 2024 16:48
Earnings season is here. These are the biggest storylines the market is watching.

The Wall Street bullReuters/hervalThis post originally appeared in the Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.Welcome back! We're ready to crown a winner in our first business, tech, and innovation bracket: the US presidential election (51.4%) surpassed the AI race (48.6%).Speaking of the election, former...

Mon Apr 15, 2024 16:48

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