British pound below $1.14 for the first time in 37 years as the U.S dollar’s rally continues
admin The British pound on Friday crashed to its lowest level against the U.S. dollar since…
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Opinion: Surprise! CDs are back in vogue with Treasurys and I-bonds as safe havens for your cash
If there’s a silver lining to the current economic situation that features soaring inflation and…
Read MoreNew U.K. Chancellor Kwarteng reportedly wants to scrap the cap on bankers’ bonuses
Kwasi Kwarteng, the new Chancellor, is reportedly looking to get rid of the cap on…
Read MoreMortgage rates hit 6% for the first time since 2008, while applications fall to lowest level since 1999
The numbers: A surge in mortgage rates to 6% is giving home shoppers chills, pushing…
Read MoreAny doubt Fed will raise rates by 75 basis points next week is gone after hot U.S. inflation data
Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75…
Read MoreUBS to raise 2022 dividend
UBS Group AG said Tuesday that it will raise the accrual for the 2022 ordinary…
Read More20 value stocks whose growth potential is overlooked by investors
After a years-long bull market in growth stocks, the beleaguered value strategy has outperformed this…
Read MoreBitcoin slips below $20,000 following Powell’s hawkish remarks
The price of bitcoin dipped below $20,000 over the weekend, after Federal Reserve Chairman Jerome…
Read MoreFed’s Powell says bringing down inflation will cause pain to households and businesses in Jackson Hole speech
Federal Reserve Chairman Jerome Powell used the spotlight on the central bank’s Jackson Hole retreat…
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These 20 stocks have short interest of 19% or more, and AMC and GameStop are not even in the top half
Short selling is a trading technique that gets especially popular during bear markets in stocks.…
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