Fed’s Favored Inflation Gauge Cools To 2-Year Lows: Strong Spending Keeps Fed Rate Bets Steady
Inflation statistics keep pointing to a gradual decrease in price pressures across the economy. This is what emerges from the…
GameStop CFO Announces Resignation After 1 Year: What Investors Need To Know
GameStop Corp. (NYSE:GME) said Thursday that Chief Financial Officer Diana Saadeh-Jajeh is leaving her role effective Aug. 11…
VIX Climbs 10%, Dow’s Record Streak Snaps After Bank of Japan’s Surprise: Why Are Markets Flipping Thursday?
Risk sentiment sharply deteriorated in Thursday’s afternoon session, and volatility made a strong comeback in the market. The…
Big Banks To Bolster Capital by 16% Under Proposed US Regulations: Financial Stocks Fall
In a significant overhaul of banking regulations since the 2008 financial crisis, U.S. regulators have proposed that large…
Disney CEO Bob Iger’s Comments Lead To Speculation Of Asset Sale, Sending The Mouse’s Stock Price To COVID-19 Lows
Walt Disney Company (NYSE:DIS) CEO Bob Iger has recently been the subject of criticism from the creative community…
Fed’s Preferred Measure Of Inflation In Focus: Implications Of June’s PCE Inflation Figure For September’s Interest Rate Decision
After the July Federal Reserve meeting, which resulted in a 0.25% rate hike to a range of 5.25-5.5%,…
ECB Hikes Interest Rates To Highest In 22 Years: Lagarde’s Dovish Tone Propels European Stocks To Levels Unseen Since 2007
The European Central Bank hiked its key interest rates by 25 basis points on Thursday, in a unanimous…
The Fed’s Influence Ripples Through US Stocks, ETFs: Wednesday’s Winners And Losers Revealed
The Federal Reserve hiked interest rates by 0.25 percentage points at its July meeting Wednesday, bringing rates to…
Powell Keeps Interest Rate Hikes On The Table, Curbs Market Excitement: Tech Falls, Dollar Recovers
The Federal Reserve opted to raise interest rates by 25 basis points Wednesday, as the market expected, resuming…
Fed Raises Interest Rates to 5.5%, The Highest Since Early 2001
The Federal Reserve raised the federal funds rate by 0.25% to 5.25$-5.5% as widely anticipated Wednesday, pushing borrowing…