Speaker Nancy Pelosi on Thursday said it’s her “hope” that the House of Representatives will pass Congress’ year-end, $1.7 trillion spending package this evening. The Senate earlier Thursday broke a Read more
Tag: Investing/Securities
FTX co-founder Gary Wang, ex-Alameda CEO Caroline Ellison plead guilty to federal charges
On the same day that that the Bahamas extradited FTX co-founder and former CEO Sam Bankman-Fried to the U.S. to face criminal charges, two former executives at FTX and Alameda Read more
FTX founder Sam Bankman-Fried extradited to U.S. to face criminal charges
NASSAU, Bahamas — Bahamian authorities said Wednesday that former FTX CEO Sam Bankman-Fried has been extradited to the United States, where he faces criminal charges related to the collapse of Read more
U.S. stocks log biggest jump in almost 2 weeks on strong earnings, consumer sentiment
U.S. stocks cemented their biggest daily advance in almost two weeks on Wednesday as investors reacted to optimistic earnings from Nike Inc. and FedEx Corp., along with a surprisingly strong Read more
Opinion: This is the only stock market prediction for 2023 that you need to know
When you hear or read about an investing expert’s outlook for the year ahead, bear one thing in mind: Every forecast about 2022 was wrong. Not just a bit amiss, Read more
These are the top 10 mistakes people make when planning for retirement
We all make mistakes in planning for our golden years. But which are the worst, which are the most common, and which ones do we all need to watch out Read more
SEC votes to propose major overhaul of U.S. stock-trading rules
The Securities and Exchange Commission on Wednesday voted to propose a package of rule changes, including measures that could affect, but not block, the controversial practice known as payment for Read more
Fed hikes interest rate by half percentage point — benchmark rate seen topping out at 5.25%
The Federal Reserve on Wednesday raised its benchmark interest rate by 0.5 percentage point and signaled more tightening next year. The half-point increase brings the Fed’s federal funds rate up Read more
Vanguard sees a recession in 2023 — and one ‘silver lining’ for investors
The last 12 months was a year of fast-rising inflation, fast-rising interest rates and fast-rising questions about a future recession. Prices went up while stock markets and savings account balances Read more
Best stock picks for 2023: Here are Wall Street analysts’ favored choices
Following a sharp and sustained rise in interest rates, U.S. stocks have taken a broad beating this year. But 2023 may bring very different circumstances. Below are lists of analysts’ Read more