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Interest Rates

CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

by Milton Acorn
CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024.  Angela Weiss | AFP | Getty Images This …

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Categories Science

CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

by Adesola Mojo
CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024.  Angela Weiss | AFP | Getty Images This …

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Categories Automobile

2 big tests ahead will determine if last week’s stock market excitement was warranted

by Adrian Jhonsan
2 big tests ahead will determine if last week’s stock market excitement was warranted

Wall Street takes back-to-back weekly gains and an overbought market into an important week featuring Nvidia earnings and the latest reading on the Federal Reserve’s favorite inflation gauge. Fed Chairman …

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Categories World

Dividend stocks as a hot play into fall due to Fed and interest rates

by Milton Acorn
Dividend stocks as a hot play into fall due to Fed and interest rates

It appears more investors are eyeing dividend stocks ahead of the Federal Reserve’s interest rate decision in September. Paul Baiocchi of SS&C ALPS Advisors thinks it is a sound strategy …

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Categories Science

The Federal Reserve Could Lower Interest Rates, Which Is Good News For Your Car Loans

by Adesola Mojo
The Federal Reserve Could Lower Interest Rates, Which Is Good News For Your Car Loans

Photo: Justin Sullivan (Getty Images) Jerome Powell, chairman of the Federal Reserve, said earlier today that inflation is on its way back down to reasonable levels — levels that would …

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Categories Automobile

‘More restrictive policy’ may still be needed

by Adrian Jhonsan
‘More restrictive policy’ may still be needed

Andrew Bailey, governor of the Bank of England, waits to deliver a lecture at the London School of Economics in London, UK, on Tuesday, May 21, 2024.  Bloomberg | Bloomberg …

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Categories World

‘The time has come for policy to adjust’

by Adrian Jhonsan
‘The time has come for policy to adjust’

Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent. “The time has come for …

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Categories World

Stocks slide ahead of Powell’s speech

by Milton Acorn
Stocks slide ahead of Powell’s speech

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  Michael M. Santiago | Getty Images News | …

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Categories Science

Stocks slide ahead of Powell speech

by Milton Acorn
Stocks slide ahead of Powell speech

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  Michael M. Santiago | Getty Images News | …

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Categories Science

Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole

by Adrian Jhonsan
Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 31, 2024.  …

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Categories World
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