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Labor Market Adds 253,000, Unemployment Ticks Down To 3.4%
Topline Despite major employers continuing to cut jobs, the Labor Department's jobs report on Friday…
Bitcoin Falls, Other Cryptos Mixed After Fed Raises Interest Rates
Bitcoin and other cryptocurrencies were largely unchanged on Wednesday, after the Federal Reserve made an…
“Mixed Picture” For Gold As Demand Dropped 13% In Q1 – World Gold Council
Weak investor interest in gold meant total bullion demand dropped in quarter one, according to…
Moderna Posts Earnings Beat. There’s Good News on Covid Vaccines Too.
“We are having discussions with Europe to supply Europe for the fall of ’23,” Moderna…
Banking Sector Faces Tough Times As Morgan Stanley Becomes Latest To Announce Mass Layoffs
Key takeaways Morgan Stanley has announced 3,000 job roles will be cut in second round…
Annuities Are Hot. Sales Just Smashed Quarterly Records.
Annuity sales set yet another record in the first quarter as conservative investors sought stability…
How Index Funds Exacerbate The Disconnect Between Economic & Stock Performance
Key News Asian equities were lower overnight with Mainland China still on holiday until tomorrow.…
Regional Bank stocks pulled back after the Fed’s rate hike, but are still gaining ground
The regional bank sector pared gains in afternoon trading Wednesday, after the Federal Reserved raised…
A Look At 5 Undervalued Buffett Stocks Ahead Of Annual Meeting
Summary The annual meeting is being held this weekend in Omaha, Nebraska. Several of Buffett's…
Walgreens stock falls to lead the Dow’s losers, after rival CVS cut its full-year profit outlook
Shares of Walgreens Boots Alliance Inc. WBA, -1.28% slumped 3.4% toward a six-week low, on…
Fed Unanimously Decides To Raise Interest Rates For Tenth Time, But Hints Tightening Is Ending
Key takeaways The Federal Reserve increased interest rates by 0.25% as anticipated The decision comes…
As Icahn’s stock slides another 20%, its bonds are also falling
Icahn Enterprises LP shares fell another 20% on Wednesday, extending their prior-day losses in the…
Selloff in regional-bank stocks halted as Western Alliance and PacWest shares move higher
Western Alliance Bancorp. led a rebound in regional-bank stocks Wednesday after an analyst said the…
Stocks end lower as Fed hikes rates to highest level in 16 years
U.S. stocks closed near session lows on Wednesday after the Federal Reserve raised rates as…
Alibaba Spin-Off IPO In The US As Mainland Returns From Vacation
Key News Asian investors cheered the potential Fed pause as the Asia Dollar Index gained…