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Opinion | The Fed’s interest rate mistake is a gift for Trump
MSNBC· 7 days agoOn Wednesday, the Federal Reserve announced it is leaving interest rates unchanged at around 5.3%,...
Interest rates may need to go higher if the Fed wants inflation at 2%
Morningstar· 4 days agoThe Fed should not lower interest rates until inflation hits the 2% target for several months. Investors got their wish that the May consumer-price index report and the Federal ...
Morning Business Report: Interest rates will hold steady for now
CW39 NewsFix· 6 days agoFederal Reserve Maintains Interest Rates at 23-Year Highs
Wells Fargo (WFC) Laps the Stock Market: Here's Why
Zacks· 1 day agoFree Report) closed at $59.05, marking a +1.39% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.25% for the day. The biggest U.S. mortgage< ...
Is This the Right Time to Buy Bank of America (BAC) Stock?
Zacks· 2 days agoFree Report) , one of the largest banks in the country, seems to have regained investors’ confidence. Last year, the banking industry was marred by high interest rates, a ...
Labour is about to get very lucky indeed
The Telegraph via Yahoo Finance· 21 hours agoMore than anything else, the perceived success or failure of an incoming Labour government will depend on the economic weather. Luckily for Labour, after...
Financial Services Roundup: Market Talk
The Wall Street Journal· 15 hours agoThe BOE introduced a short-term repo facility in October 2022, whereby banks can borrow cash for seven days at the BOE Bank Rate. “The rapid increase is...
Blend Labs, Inc. (NYSE:BLND) Sees Large Decrease in Short Interest
ETF DAILY NEWS· 8 hours agoBlend Labs, Inc. (NYSE:BLND – Get Free Report) was the target of a large drop in short interest in May. As of May 31st, there was short interest totalling ...
Veteran fund manager buys Builders FirstSource
TheStreet via Yahoo Finance· 5 days agoDavid McNew/Getty Images Higher interest rates depress housing demand by making mortgages more expensive. The yield has since descended to 4.25% on June...
Fed officials' new interest rate outlook may roil stocks
TheStreet.com· 6 days agoThe central bank can't see doing more than one rate cut this year. As markets closed on Wednesday, conventional wisdom was something like this: The Federal Reserve may cut ...