The Federal Reserve is likely to hike rates by a quarter point
Federal Reserve Board Chairman Jerome Powell holds a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the Federal Reserve Building in Washington, U.S., December 14, 2022. Evelyn Hockstein | ReutersThe Federal Reserve is expected to raise interest rates by just a quarter point but also likely […]
Gold trades near 8-month high and analysts expect its rise to continue
Gold bars are displayed at a bullion merchant’s, Baird & Co., in London, U.K., on Friday, March 14, 2008.Graham Barclay | Bloomberg | Getty ImagesLONDON — Gold traded near an 8-month high Tuesday as the precious metal’s strong start to 2023 continued, buoyed by lower yields and a weaker dollar.Spot gold hit $1,881.5 per troy […]
Tesla, Southwest, Apple, AMC and more
A sign hangs in front of an AMC theater on January 27, 2021 in Chicago, Illinois. Shares of AMC Entertainment more than quadrupled today as investors continue their buying spree on heavily shorted stocks.Scott Olson | Getty ImagesCheck out the companies making headlines in midday trading.Tesla – The electric vehicle stock rose 3.3% after selling […]