Bank of America settled a class action lawsuit last year over illegal overdraft fees. Bank of America (BAC) – Get Bank of America Corp Report is following some of its other banking peers down a more Read more…
Tech stocks are under pressure and Nvidia is getting hammered. That has the bulls looking for opportunity. The action in Nvidia (NVDA) – Get NVIDIA Corporation Report hasn’t been great lately, but that’s not too surprising Read more…
Tilray has been purchasing breweries and distilleries as it waits for federal legalization before introducing THC-infused beverages. Tilray (TLRY) – Get Tilray, Inc. Report and Anheuser-Busch InBev BUD recently ended their partnership, but the Canadian cannabis company’s push for THC Read more…
The agreement includes the option for the U.S. to buy additional doses in the second quarter, the companies say. GlaxoSmithKline (GSK) – Get GlaxoSmithKline Plc Report and its partner Vir Biotechnology (VIR) – Get Vir Biotechnology, Read more…
If strong inflation and jobs numbers continue, ‘I think a March liftoff would be appropriate,’ said Atlanta Fed President Raphael Bostic There’s a good chance that the Federal Reserve should begin raising interest rates in Read more…
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‘We will use our tools to … prevent higher inflation from becoming entrenched,’ said Fed Chairman Jerome Powell. Federal Reserve Chairman Jerome Powell set the stage for the central bank to raise interest rates in Read more…
Stock markets are enjoying some reprieve after a rocky start to the week and investors will be hoping earnings season provides more cause for optimism in the weeks ahead. The January blues are alive and Read more…
Kansas City Fed President Esther George said, “my own preference would be to opt for running down the balance sheet earlier rather than later as we plot a path for removing monetary accommodation.” Separately, Cleveland Read more…
IBM is facing near-term risk to fourth-quarter operating estimates and an ‘elevated valuation,’ UBS says. IBM (IBM) – Get International Business Machines Corporation Report shares will be left “vulnerable” over the next 12 months, according to Read more…