At Fidelity Investments, a one-year JPMorgan Chase CD yields 4.5%, and a five-year Morgan Stanley CD yields 5.1%. With interest rates soaring, there are a lot of investment vehicles that provide substantial income. One is Read more…
Stocks are edging lower Tuesday amid a full slate of corporate earnings and two Big Tech updates after the closing bell. U.S. equity futures edged lower Tuesday as investors looked to a brief pause in Read more…
European markets edged cautiously higher on Tuesday as investors digested upbeat corporate earnings and news that Rishi Sunak would replace Liz Truss as U.K. prime minister. The latest German IFO Business Climate Index supported sentiment Read more…
CEO Mary Barra said GM is holding to its full-year profit guidance “despite a challenging environment because demand continues to be strong and we are actively managing the headwinds we face.” General Motors (GM) – Read more…
“Our business is resilient amidst a dynamic operating and macroeconomic environment,” said CEO James Quincey. Updated at 7:44 am EST Coca-Cola Co. (KO) – Get Coca-Cola Company (The) Report posted better-than-expected third quarter earnings Tuesday, and Read more…
During the first nine months of 2022, the S&P 500 lost a quarter of its value while the NASDAQ fell by a third. So, are equities now undervalued? The answer may come as a surprise. Read more…
The Japanese yen is almost unchanged today, after being whipsawed over the past two sessions. In the European session, USD/JPY is trading at 1.48.93, down 0.06%. It’s been a roller-coaster ride for the yen, as Read more…
The Ifo Business Climate Index from Germany was above expectations in October – slightly down from 84.4 a month earlier to 84.3. The index components’ current situation and business expectations also marginally changed. But the Read more…
“We continue to execute our strategies and deliver for our customers in a highly uncertain environment,” said CEO Mike Roman. Updated at 7:26 am EST 3M Co. (MMM) – Get 3M Company Report posted better-than-expected second Read more…
“We are building broad-based momentum with solid revenue and free cash flow results, as well as services growth in all businesses,” said CEO Larry Culp. General Electric (GE) – Get General Electric Company Report posted weaker-than-expected Read more…