Wall Street money managers have tuned in to hear analyst Ed Yardeni’s forecasts for decades, and earlier this year, his prediction that the S&P 500 would reach 8,400 by year’s end caught a lot of Read more…
AI poster-child Nvidia (NVDA) has jumped 14% year to date, but the ride’s been noticeably bumpy according to Seeking Alpha data. The stock’s down nearly 6% in just one week and around the same amount Read more…
The biggest return in the U.S. market this year came from the cost of moving oil across the ocean. The Breakwave Tanker Shipping ETF (BWET) has climbed about 3,600% since the start of the year. Read more…
The Federal Reserve raised the federal funds target range by 25bp to 3.75–4.00% in a unanimous 12–0 decision. The statement described economic activity as expanding at a solid pace, with resilient domestic spending, strong productivity Read more…
The Federal Open Market Committee approved the following statement for release by a 9 – 3 vote: The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent, Read more…
USDJPY remains constructive and extends recovery on Wednesday, ahead of key event of the day – Fed interest rate decision. Markets widely expect the FOMC to raise interest rates by 25 basis points but will Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal If there’s one thing everyone should Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal There’s no better time to upgrade Read more…
A major beverage company is preparing for one of the biggest changes in its history after acquiring JDE Peet’s and setting the stage to divide its beverage and coffee operations. Bank of America thinks that Read more…
When you visit a major grocery store or gas station, you expect it to carry all the major brands. It’s not uncommon for a favorite flavor or size to be out of stock, but if Read more…