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Will Today’s Fed Rate Hike Push CD Rates Even Higher?

Jennifer DuBois -
In a widely anticipated move, the Federal Reserve announced another interest rate hike today in its bid to tamp down inflation, taking the...
Business

Stocks mixed after Fed raises interest rates by 0.25%: Stock market news today

Jennifer DuBois -
Stocks were mixed Wednesday after the Federal Reserve hiked interest rates by 0.25% and investors weighed earnings reports from Microsoft (MSFT) and Alphabet (GOOGL).The...
Business

Bill Gross Selling Regional Bank Holdings After Making ‘Mucho Bucks’

Jennifer DuBois -
(Bloomberg) -- Bill Gross said he’s selling most of his regional bank holdings, three months after buying stocks including Western Alliance Bancorp and...
Business

What the Fed rate hike means for bank accounts, CDs, loans and credit cards

Jennifer DuBois -
The Federal Reserve controls only one interest rate: the federal funds rate, which is the short-term rate banks use to borrow from each...
Business

The US stock market has become a ‘get-rich-quick’ scheme that’s ignoring oncoming economic pain, top economist David Rosenberg says

Jennifer DuBois -
The US stock market has become a "get-rich-quick" scheme driven by AI mania and the return of "animal spirits", David Rosenberg said.The top...
Business

J.P. Morgan Recommends These 2 ‘Strong Buy’ Stocks — Including One With 90% Upside Potential

Jennifer DuBois -
Despite the market’s big comeback in 2023, there is still one issue keeping positive sentiment in check; the prospect of a looming recession...
Business

Who’s Buying Whom in the PacWest Merger? Why It Matters

Jennifer DuBois -
However the tie-up between PacWest and Banc of California turns out, it’s already a marvel of financial engineering.The two banks are structuring their...
Business

WSJ News Exclusive | Hedge Funds Seek to Cut Off $1 Billion Meant for Opioid Victims

Jennifer DuBois -
Hedge Funds Seek to Cut Off $1 Billion Meant for Opioid Victims Source link
Business

Nvidia’s Earnings Could Surge. Just Listen to Microsoft and Google.

Jennifer DuBois -
The latest commentary from ...
Business

Is Tesla Stock A Buy Or A Sell After Cathie Wood Unloads Another $5 Million Of TSLA?

Jennifer DuBois -
Tesla (TSLA) stock appears to be pulling back after second-quarter financials on July 19, as investor concerns over falling gross margins seems to...
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