Imagine the last time you popped into a shopping mall. Odds are, you don’t go nearly as frequently as you used to, or perhaps you were never really into them at all. Still the image Read more…
Updated at 2:49 PM EDT The Federal Reserve held rates steady for an eighth consecutive month, while holding to its forecasts of around three rate cuts in 2024, but the central bank hinted that stubborn Read more…
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Fed left interest rate unchanged at 5.25-5.50% as widely expected. The new economic projections and dot plots are clearly more hawkish than December’s. Yet, Dollar dips initially after the announcement, perhaps because they’re not as Read more…
The U.S. House of Representatives passed a bill that would force China’s Bytedance to sell TikTok or face a national ban, leaving TikTok’s fate in the air. Kevin O’Leary, known for his role on Shark Read more…
Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. Read more…
Despite Ford’s (F) strategy with offering electric vehicles like the Mustang Mach-e and the F-150 Lightning electric pickup truck, the Blue Oval is starting to switch gears when it comes to their EV strategy. Related: Read more…
Fast Facts Tesla stock has taken a tumble.Analyst Gary Black thinks Cybertruck could be a key to its recovery.But Tesla has to clear major hurdles to reach its goal. With Tesla (TSLA) stock having fallen Read more…
Trader Joe’s is recalling another food item just a few weeks after it had just recalled one of its very popular frozen food items. The retailer is recalling packages of Trader Joe’s 50% less salt Read more…
WTI oil price pulls back from new 4 ½ month high ($83.10), down 1.6% for the day so far, as traders collected profits ahead of Fed policy announcement. The oil price accelerated higher recently on Read more…