The minutes of the most recent meeting of the Federal Open Market Committee also indicate rates could peak at a higher level than expected.
Should investors prepare for a winter full of persistent headwinds? Inflation remains high, rising interest rates are putting a squeeze on capital as well as making consumer credit more expensive, and both the China COVID lockdowns and the Russian war in Ukraine continue to crimp global supply chains. But even though the markets are facing serious headwinds, not every stock is going to react by falling. According to the analysts at Wall Street giant Deutsche Bank, two interesting stocks are like
Georgia voters on Tuesday decided the country’s final Senate contest, choosing between Democratic Sen. Raphael Warnock and Republican football legend Herschel Walker after a four-week runoff blitz that drew a flood of outside spending to an increasingly personal fight.
How Trump Org's tax fraud conviction could bar Trump from federal contracts, even for Secret Service
Trump Org was found criminally liable of various financial crimes. The conviction could end Trump's right to do business with the federal government.
The CNN anchor took a moment to recover from his own barb after Trump declared that he wanted the Constitution terminated.
‘Stay defensively oriented in healthcare, staples, and utilities stocks’: Morgan Stanley suggests 3 names to buy
Don’t get fooled into thinking the stock market’s recent positive action has legs. Morgan Stanley’s Chief U.S. Equity Strategist Mike Wilson thinks it’s time to take profits “before the Bear returns in earnest.” Wilson notes that his team’s tactical targets have been met and thinks the recent run-up has run its course. “Bear market rally runs into our original resistance levels--it's time to fade it,” says Wilson. With the “risk-reward of playing for more upside quite poor at this point,” Wilson
- Decrypt Media
The FTX-linked trading firm made a number of unorthodox investments in the months leading up to its stunning collapse.
A strong jobs report these days runs counter to the Fed’s wishes. The line of thought is that if the job market is still too hot, the Fed won’t be keen on loosening its tight monetary policy in the ongoing efforts to tame inflation. And this is a scenario the market is keen to avoid after a series of 75 basis-point hikes this year. But J.P. Morgan Asset Management chief strategist David Kelly thinks the latest numbers flatter to deceive and believes the way the data is reported distorts the real
Shares of many of America's largest banks are tumbling again on Tuesday after a period of outperformance that saw Goldman Sachs Group GS claw back practically all of its losses year-to-date.
- Motley Fool
The company's strategy will take time to implement, but it'll make investors a lot richer if it works.
Donald Trump says it's hard to be a 'Trump' in New York City in reaction to his organization's tax fraud conviction
Donald Trump said he plans to appeal a Manhattan jury's decision to convict the Trump Organization of tax fraud on Tuesday.
- Yahoo News
Democratic Georgia Sen. Raphael Warnock has won the state’s runoff election, defeating Republican Herschel Walker in one of the most hard-fought campaigns of 2022.
- NY Daily News
NEW YORK — The jury has spoken. But on the subject of Donald Trump’s business, so has everyone else. Just moments after a Manhattan jury delivered a guilty verdict against the former president’s family real estate business, social media was buzzing with reaction to the high-stakes decision. Tweets, memes and hashtags dominated the still-popular Twitter platform. The only opinion missing from ...
(Bloomberg) -- Contagion from the messy implosion of Sam Bankman-Fried’s crypto empire is spilling into the world of decentralized finance, after a hedge fund was declared in default on almost $36 million of loans.Most Read from Bloomberg‘Huge, Missing and Growing:’ $65 Trillion in Dollar Debt Sparks ConcernWall Street Goes Risk Off as Bank CEOs Sound Alarm: Markets WrapEx-Deutsche Bank Trader Builds $6 Billion Fortune on Trading BoomThird Russian Airfield Hit by Drone as Moscow Accuses UkraineM
KeyBanc analyst John Vinh attended Lattice Semiconductor Corp's (NASDAQ: LSCC) launch event for its mid-range FPGA (Avant), based on Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM) 16nm FinFET process technology. The technology will likely target low-power edge applications with enhanced capabilities in AI inferencing. The analyst noted that compared to the prior generation Nexus, Avant provides up to 5x higher capacity, 10x more bandwidth, and 30x faster performance. Against competit
- Motley Fool
One of my more painful investing lessons is that not all high-yielding dividends are sustainable. Several dividend stocks I've owned have slashed or suspended their once-attractive dividends at the first sign of trouble. Community Healthcare Trust (NYSE: CHCT) and Broadstone Net Lease (NYSE: BNL) are two big-time payouts that should endure an economic downturn.
The crypto billionaire who helped expose SBF’s insolvency calls him ‘one of the greatest fraudsters in history’ and accuses media and thought leaders of being manipulated
Binance CEO CZ is speaking out against SBF after FTX’s collapse and arguing he had nothing to do with his rival’s downfall.
(Bloomberg) -- Philippine President Ferdinand Marcos Jr. said inflation is “running rampant and out of control” after data showed price increases quickened to a 14-year high in November.Most Read from Bloomberg‘Huge, Missing and Growing:’ $65 Trillion in Dollar Debt Sparks ConcernWall Street Goes Risk Off as Bank CEOs Sound Alarm: Markets WrapTrump Companies Are Convicted in NY Criminal Tax Fraud TrialEx-Deutsche Bank Trader Builds $6 Billion Fortune on Trading BoomWorld Economy Heads for One of
After a punishing 2022, it may be time to bet on bonds backed by the U.S. government, particularly if a recession hits, according to Truist Advisory Services.
Sen. John Kennedy (R-La.) was a part of Georgia Senate candidate Herschel Walker’s final campaign push on Sunday afternoon, two days before the runoff vote between him and sitting Georgia Sen. Raphael Warnock (D). While Walker himself had a number of odd things to say over the weekend, it looks like fake folksy Kennedy was intent on adding his voice to the bizarre chorus.
- Business Insider
Gold will hit $3,000 an ounce and the dollar will surge 50% against the Japanese yen. Here are the 10 outrageous 2023 predictions from one European bank
The UK voting to undo Brexit and at least one country banning all meat products are also on Saxo Bank's list of wild predictions for 2023.