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Fed Leaders Unnerved by Softer CPI, Expect Hike in Rates into 2023

Bloomberg News reports that two Federal Reserve officials responded to the softening inflation data. However, they believe that this softer inflation data will not...
Finance

NASDAQ 100’s Big Increase Belies for Tech Profits a Darker Outlook

Bloomberg News reports that technology stocks over the last month are on a tear; however, on a bigger picture, the sector's profits have become...
Finance

Wall Street Bull strategists Kolanovic Says Time to focus and commodities and Trim Stock exposure.

Marco Kolanovic, the strategist at JPMorgan Chase & Co, suggests that investors shift their money to commodities from Equity stocks. Kolanovic, one of the...
Finance

Global Markets Pause as Fed Hike Concerns Shake Futures

The stock market saw a pause after a recent bounce back as equity future fluctuated on expectations of strong rate hikes by the Federal...
Finance

Tesla Stocks Rebound as Shareholders Approve 3-for-1 Stock Split

Shareholders of Tesla Inc. approved stock split in a 3 -1 ratio as the EV maker seeks to attract retail investors. The stock that...
Business

Robinhood Markets Inc. Slashes Jobs in Sweeping Overhaul after Second Quarter Loss

Robinhood Markets Inc. is closing its offices and laying off at least 25 percent of its workforce. The public company was punished after its...
Finance

Worsening Drought Conditions Cause California Water Prices to All-Time-High

Bloomberg News reports that water prices in California are at an all-time high. The main reason is the severe drought that has choked off...
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