CNN’s John King explains why NY-03 special election is critical New York is holding a high-stakes special election in the state’s 3rd Congressional District to fill the vacant seat of former GOP Rep. George Santos, who was expelled from the House over ethics violations. CNN’s John King explains why this…

Only a month ago, parts of Wall Street were considering what was being described as an “unthinkable” scenario of no interest-rate cuts by the Federal Reserve this year. Now, a strategist at one big bank is going a step further in the higher-for-longer theme on rates. MarketWatch Live: New-year pickup…

BBB Foods Inc.’s stock was up 9% at the closing bell in its trading debut on Friday, as Wall Street gobbled up shares of the rapidly growing Mexican supermarket chain. BBB Foods TBBB, +5.37% ended its first day of trading on the NYSE at $19.05 a share for a comfortable…

The IRS is writing smaller refund checks, on average, at the start of this year’s income-tax-filing season, according to new numbers from the tax agency. Federal income-tax refunds are averaging $1,395 so far, according to Internal Revenue Service numbers released Friday on the filing season that started less than two…

Mortgage rates dipped, even though the U.S. Federal Reserve ruled out easing monetary policy in March as the economy remains strong and inflation slows. Even though the Fed threw cold water on expectations that the central bank will begin to cut interest rates in March, some investors are hopeful for…

© REUTERS/Amir Cohen Israel stocks higher at close of trade; TA 35 up 0.70% Investing.com – Israel stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher. At the close in Tel Aviv, the gained 0.70%. The best performers of the session…

Investing.com– Gold prices fell in Asian trade on Monday, extending losses from the prior week as a mix of strong labor market data and hawkish Federal Reserve signals saw markets dial back expectations for early interest rate cuts.  The yellow metal fell sharply from highs above $2,050 an ounce, as…

By Sinéad Carew NEW YORK (Reuters) -The dollar rose on the first trading day of the year, supported by higher U.S. yields while investors waited for U.S. jobs data and European inflation numbers for clues on central banks’ policies. The , which measures the U.S. currency against six counterparts, rose…

By David Milliken and William Schomberg LONDON (Reuters) – Britain’s economy grew slightly more strongly than expected in November but remains at risk of slipping into a mild recession, a potential blow for Prime Minister Rishi Sunak before an election expected in 2024. Gross domestic product (GDP) expanded by 0.3%…

There’s hope on the horizon for many different financial markets in 2024, but employee raises aren’t looking too promising, a WTW study reports. Employers in the U.S. are planning an average wage increase of 4% in 2024. This is down 0.4% from 2023 when the average increase was 4.4%. This…