Sanders Morris Harris

The SPDR S&P 500 ETF Trust (NYSE: SPY) was trading 1% higher Monday ahead of a critical consumer price index (CPI) inflation reading Tuesday morning. Economists are expecting the U.S. Labor Department to report 6.2% CPI inflation in January, down from 6.5% in December and a 2022 peak...

The U.S. Federal Reserve raised its target Fed funds rate by 0.5% in May, its first interest rate hike of that size in more than 20 years. With this week's Federal Open Market Committee meeting just around the quarter, the bond market is now anticipating the Fed will ramp up its tightening even...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.8% on Friday morning after the Labor Department reported a 6.8% increase in the consumer price index in the month of November, the fastest inflation growth since 1982. What Happened: The headline CPI rose 6.8% in November, exceeding...

President Joe Biden announced Monday he will be renominating Federal Reserve Chairman Jerome Powell for a second term as Fed chair and will nominate Fed Governor Lael Brainard as vice chairman. Biden was widely expected to nominate either Powell or Brainard for the position of Fed chair. Powell was...

Afghanistan’s currency fell to its lowest levels in history on Wednesday as the Taliban continues its push to gain complete control of the country. What Happened? The Afghani dropped 4.6% on Tuesday and was trading at as low as 86.0625 per dollar. On Wednesday, the Afghani was trading at 79....