Rising mortgage rates could lead potential home buyers to shun the market, avoiding exorbitant interest payments. As a result, homeowners interested in selling are rushing to dump their domiciles before possible buyers run away, The Wall Street Journal reports. The Federal Reserve in March began its campaign to raise interest rates, with a 0.25-percentage-point move.… Continue reading Homeowners Rush to Unload Properties as Rates Rise
Stock Market Today: Stocks Fall as Fed Lays Out Tightening Plans | Kiplinger
Stock Market Today Fed minutes show tentative plan for reducing the central bank’s balance sheet, some officials’ willingness to raise rates 50 basis points at a time.The major U.S. indexes continued to radiate anxiety on Wednesday heading into and after the afternoon release of the Federal Open Market Committee’s most recent minutes. At last month’s… Continue reading Stock Market Today: Stocks Fall as Fed Lays Out Tightening Plans | Kiplinger
5 First-Rate Retail Stocks the Pros Love | Kiplinger
It hasn’t exactly been smooth sailing for retail stocks so far in 2022 – but a comeback could be in the cards. True, retailers have continued to feel the heat of the macroeconomic headwinds, including inflation and supply-chain disruptions. And rising commodity prices due to the conflict between Russia and Ukraine only adds to the… Continue reading 5 First-Rate Retail Stocks the Pros Love | Kiplinger
US stocks fall in choppy trading after Fed indicates monthly balance sheet reduction of $95 billion
US stocks fell on Wednesday after minutes from the Federal Reserve revealed likely plans to lower its balance sheet. The Fed said it expects to roll off $95 billion worth of Treasuries and mortgage bonds each month. The balance sheet reduction could begin in May, along with a likely 0.50% rate hike, according to the… Continue reading US stocks fall in choppy trading after Fed indicates monthly balance sheet reduction of $95 billion
The EU has paid Russia $38 billion for energy since the Ukraine war began. Now it’s considering escrow accounts to freeze the Kremlin’s revenue
The European Union has paid $38 billion for Russian energy since Vladimir Putin launched a war on Ukraine, a top EU official said. But the EU is weighing possible escrow accounts for Russian oil and gas payments. Treasury Secretary Janet Yellen said the suggestion is constructive, and the US could consider it. Loading Something is… Continue reading The EU has paid Russia $38 billion for energy since the Ukraine war began. Now it’s considering escrow accounts to freeze the Kremlin’s revenue
ESPN is entering the NFT game by launching a collection with legendary quarterback Tom Brady
ESPN is diving into the NFT market with a collection featuring NFL legend Tom Brady. The sports channel signed a multiyear deal with Autograph, Brady’s NFT company. The collection will be based on the ESPN+ documentary series “Man in the Arena: Tom Brady.” Loading Something is loading. Disney’s ESPN is entering the world of non-fungible… Continue reading ESPN is entering the NFT game by launching a collection with legendary quarterback Tom Brady
The Fed needs to ‘inflict more losses’ on the stock market in order to rein in soaring inflation, former Fed president Bill Dudley says
The Federal Reserve will need to “inflict more losses” on the stock market to rein in inflation, former Fed President Bill Dudley said on Wednesday.Dudley believes the Fed needs to tighten financial conditions, and the only way to do that is to hike interest rates by a substantial amount.”Investors should pay closer attention to what… Continue reading The Fed needs to ‘inflict more losses’ on the stock market in order to rein in soaring inflation, former Fed president Bill Dudley says
The stock market’s fear gauge soars 17% as aggressive Fed forces investors to ‘wake up to screeching hawks’
The so-called VIX fear gauge for US stocks soared on Wednesday while equities broadly sold off. Nervousness among investors was heightened after hawkish remarks by the Fed’s Lael Brainard and Mary Daly. Markets are pricing in expectations for the Fed to raise interest rates by a hefty 50 basis points at upcoming meetings. Loading Something… Continue reading The stock market’s fear gauge soars 17% as aggressive Fed forces investors to ‘wake up to screeching hawks’
Recent Post
