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54 MINS AGO - Yahoo! News

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Wall Street's worst month in three years ends on a sour note

Fed Vice Chairman Stanley Fischer on Saturday said U.S. inflation would likely rebound as pressure from the dollar fades, allowing the Fed to raise interest rates gradually. Many analysts took Fischer's comments as a sign the Fed would raise rates in September, instead of December. "What you see in the market today is caused by Fischer's comments over the weekend.

Tags: Wall Street's worst month in three years ends on a sour note,  Interest Rates Latest News

35 MINS AGO - TheStreet

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Vipshop (VIPS) Stock Closed Lower on China's Economic Woes

NEW YORK (TheStreet) -- Shares of Guangzhou-based Vipshop  closed down by 5.51% to $17.99 on Monday, as some China-based U.S. traded stocks were lower following the Shanghai Composite Index's third consecutive month of losses. The Shanghai Composite Index closed down 0.8% on Monday and 12.5% for the month of August, marking its third consecutive month in the red. China's central bank devalued the yuan ...

Tags: Vipshop (VIPS) Stock Closed Lower on China's Economic Woes,  Interest Rates Latest News

1 HOUR AGO - Zero Hedge

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Guest Post: Stanley Fischer Speaks - More Drivel From A Dangerous Academic Fool

Submitted by David Stockman via Contra Corner blog, With every passing week that money markets rates remain pinned to the zero bound by the Fed, the magnitude of the financial catastrophe hurtling toward main street America intensifies. That’s because 80 months—– and counting—–of zero interest rates are fueling the most stupendous gambling frenzy that Wall Street has ever witnessed or even ...

Tags: Guest Post: Stanley Fischer Speaks - More Drivel From A Dangerous Academic Fool,  Interest Rates Latest News

2 HOURS AGO - Reuters

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Wall Street falls as investors fret about rate-hike timing

(Reuters) - Wall Street was lower on Monday afternoon as investors worried that the Federal Reserve may start raising interest rates in September, although a rally in oil boosted energy stocks.

Tags: Wall Street falls as investors fret about rate-hike timing,  Interest Rates Latest News

2 HOURS AGO - Associated Press

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US stocks edge lower; energy shares reverse a slide

NEW YORK (AP) — Stocks remained mostly lower in midday trading Monday, but a spike in oil prices helped energy shares reverse an early decline. Investors continue to focus on the Federal Reserve, which appears on track to raise interest rates as soon as September.

Tags: US stocks edge lower; energy shares reverse a slide,  Interest Rates Latest News