The Federal Reserve expects the fed funds rate to increase by another roughly 1.75 percentage points over the next four policy meetings to end the year at 3.4%.
Schlagwort-Archiv: CNBC
Sen. Warren asks bank regulator to reject TD’s $13.4 billion acquisition after customer-abuse report
In a letter sent Tuesday to the OCC, Warren cited a May 4 report that alleged that TD used tactics similar to those in the Wells Fargo fake accounts scandal.
Here’s everything the Fed is expected to announce, including the biggest rate hike in 28 years
The Federal Reserve on Wednesday is expected to do something it hasn’t done in 28 years — increase interest rates by three-quarters of a percentage point.
Bill Gates says crypto and NFTs are ‚100% based on greater fool theory‘
The tech billionaire said he’s „not involved“ in crypto: „I’m not long or short any of those things.“
Stocks making the biggest moves premarket: Baidu, MicroStrategy, Moderna and more
These are the stocks posting the largest moves before the bell.
China’s economic numbers come in better than expected, but ‚difficulties and challenges‘ remain
China released economic data for May that topped muted expectations for a month hampered by Covid controls.
Novogratz says crypto going through a ‚Long Term Capital Management moment‘ but nearing a bottom
Michael Novogratz is drawing parallels between crypto and Long Term Capital Management, a highly leveraged hedge fund that blew up in the late 1990s.
Coinbase lays off 18% of workforce as executives prepare for recession and ‚crypto winter‘
Coinbase is laying off almost a fifth of its workforce amid a collapse in crypto prices.
Bitcoin’s plunge spells trouble for the dot-com era entrepreneur who went all in
A $4 billion bet on bitcoin by software firm MicroStrategy is in jeopardy after the cryptocurrency’s recent plunge.
Stocks making the biggest moves in the premarket: Continental Resources, Oracle, National Vision and more
The stocks making the biggest moves in premarket trading include Continental Resources, Oracle, National Vision, and more.