Stocks are rallying to end the week, as the jobs number came in short and the unemployment rate rose, leading some to believe the Fed could start cutting rates soon . Markets seem to be going with “bad news is good news.” We’ll discuss what it all means for you and your money.

A day after Fed-induced whiplash, markets are moving higher. There’s a lot of anticipation for Apple’s results after the closing bell. We’ll dig into what the company could possibly say to satisfy investors.

Plus, shares of Carvana are surging, up more than 30% today and nearly 1,500% in the past year. And more and more analysts are now becoming believer in it. Should you join them? We’ll trade it.

The Federal Reserve held its ground on interest rates, keeping its benchmark short-term borrowing rate between 5.25%-5.50% as stubborn inflation persists.

The federal funds rate has been at that level since July 2023, when the Fed last hiked and took the range to its highest level in more than two decades.

With its decision to hold the line, the committee in its post-meeting statement noted a “lack of further progress” in getting inflation back down to its 2% target.

We’ll break down exactly what that means for markets and your money, right up until Fed Chair Powell’s press conference.