Fed jacks up interest rates again to combat highest inflation in 41 years
admin The Federal Reserve on Wednesday raised a key U.S. interest rate for the fourth time…
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China’s real estate crisis will cause a more severe downturn in iron ore prices: Goldman Sachs
A severe surplus in the iron-ore market caused by the renewed pressure in China’s property…
Read MoreOil prices higher with U.S. crude supplies down a second week
Oil futures gained a little ground Wednesday as Russia moved to curb natural-gas flows to…
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 MoreU.S. pending home sales tumble in June
The numbers: U.S. pending-home sales fell in June by 8.6%, according to the monthly index…
Read MoreU.S. stocks open higher ahead of Fed decision, investors give a pass to earnings misses from Alphabet and Microsoft
U.S. stock indexes opened higher Wednesday, ahead of a Federal Reserve interest rate decision while…
Read MoreWalmart general stores are coming to campsites nationwide
Walmart Inc. announced on Wednesday a partnership with campsite company Getaway to build small retail…
Read MoreU.S. durable-goods orders surge in June, but all the strength is in cars and military planes
The numbers: Orders at U.S. factories for long-lasting goods jumped 1.9% in June largely because…
Read MoreU.S. trade deficit in goods narrows for third straight month in June
The numbers: The U.S. trade deficit in goods narrowed 5.6% to $98.2 billion in June,…
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Here’s what activists at Elliott Management could target at PayPal
After a rough start to the year, PayPal Holdings Inc. reportedly has caught the attention…
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