Fed’s Bowman says rate cut is not appropriate yet given inflation risks
The Federal Reserve should not be considering cutting interest rates given the continued risk that inflation remain sticky or even move higher, Fed Governor Michelle...
Novo Nordisk gains approval to sell weight-loss drug Wegovy in China
Europe’s most valuable company said Chinese regulators have approved its marketing application to sell Wegovy as a long-term weight-loss treatment for patients with obesity.
My adviser of 10 years left and his replacement is young. My retirement nest egg might be seven- or eight-figures. Should I find someone else?
“My wife and I are not financial wizards.”
Crypto Fear and Greed Index hits 30, lowest level in 18 months
Crypto Fear and Greed Index is currently in the “fear” zone with a score of 30. This is the lowest sentiment measure for Bitcoin (BTC)...
Wells Fargo is ‘an absolute winner’ in stock gains after stress tests: analyst
The Fed’s annual stress tests are important to bank shareholders because they have an impact on dividends and stock buybacks, which typically enrich the value...
Investors only have eyes for tech stocks right now. Here’s what they’re missing.
Fundstrat’s Mark Newton sees a short-lived tech and market selloff running its course and urges a focus on some other sectors largely ignored up to...
U.S. home prices set new record high, but growth is slowing, Case-Shiller says
Case-Shiller 20-city home price index rose 7.2% year-on-year in April.
Fed bank capital rule changes not likely before U.S. elections: analyst
A commitment by Federal Reserve Chairman Jerome Powell to revise capital requirements for the U.S.’s largest banks will likely delay any changes until after the...