Manchin backs Democratic economic bill that targets inflation, drug prices
admin After extensive negotiations, key Democratic Sen. Joe Manchin of West Virginia on Wednesday said he…
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Nasdaq surges 4% in best day since 2020 as Fed delivers another 75 basis point rate hike
U.S. stocks closed sharply higher Wednesday, greeting the Federal Reserve’s latest rate hike with a…
Read MoreStocks have doubled their earlier gains as Fed chairman Powell takes podium
Stocks have doubled their earlier gains as Fed chairman Powell takes podium
Read MoreSurprise? How the stock market has reacted on each Fed decision day since March
The Federal Reserve’s strategy of supersize interest rate hikes gets much of the blame for…
Read MoreBoeing reports wider-than-expected loss, but stock gains as FCF beat by wide margin
Shares of Boeing Co. BA, +1.45% hiked up 2.8% in premarket trading Wednesday, after the…
Read MoreWhite House pushes back on recession talk before Thursday’s GDP report
The Biden White House on Tuesday played defense before Thursday’s much-anticipated reading on U.S. gross…
Read MoreHere’s the threat to markets if investors ignore ‘nontrivial’ stagflation risk
Financial market participants completely missed the non-transitory nature of inflation over the past year, failing…
Read MoreS&P 500, Nasdaq end sharply lower as U.S. stocks fall ahead of Fed decision
U.S. stocks closed lower Tuesday as investors digested a profit warning from Walmart ahead of…
Read MoreHere’s what Bill Ackman says Powell should tell traders about Fed rate-hike plans
“‘Tomorrow, Powell is likely to be asked: “Market pricing implies that the terminal FF rate…
Read MoreU.S. stocks open lower as Wal-Mart profit warning spooks investors
U.S. stocks opened lower on Tuesday after Wal-Mart WMT, -8.51% cut its profit outlook and…
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