Banking/Credit
- Stock Market
Fed lifts interest rates again but foresees only a ‘couple more hikes’ in its inflation fight
The Federal Reserve on Wednesday approved a quarter-percentage-point increase in a key U.S. interest rate and signaled that just a…
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PayPal to lay off 7% of employees as part of cost-cutting push
PayPal Holdings Inc. plans to lay off about 7% of its staff as it continues with broader efforts to reduce…
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This dividend-stock ETF has a 12% yield and is beating the S&P 500 by a substantial amount
Most investors want to keep things simple, but digging a bit into details can be lucrative — it can help…
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Crypto lender Genesis latest to file for bankruptcy as crypto contagion continues to spread
Embattled crypto lender Genesis announced that it had filed for bankruptcy late Thursday, the latest firm to be taken amid…
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Why the U.S. debt-ceiling is worrying stock and bond investors
The U.S. Treasury Department began taking “extraordinary measures” on Thursday to keep the federal government current on its bills, while…
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Some home builders are offering mortgage rates as low as 3%. Here’s how — and why — they’re doing it.
Home builders are playing hardball by offering mortgage rates as low as 3% on new homes to boost buyer demand.…
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Tesla is a ‘soft landing’ stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.
Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on…
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Dow closes up more than 100 points as earnings season begins, stocks book best week of gains in 2 months
U.S. stocks finished higher Friday, as investors weighed a flurry of bank earnings results for the fourth quarter and fresh…
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Genesis, Winklevoss twins’ Gemini crypto venture charged by SEC with selling unregistered securities
U.S. securities regulators on Thursday charged Genesis Global Capital and crypto exchange Gemini Trust Co. with offering and selling of…
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The Fed is not a ‘climate-policy maker,’ Powell says
The Federal Reserve has only a “narrow” role regarding climate change risks – to make sure banks understand and manage…
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