Will the Fed raise interest rates again in March 2023? What do the experts say?
The US economy has powered forward despite aggressive rate hikes leading to expectations the Fed would up the ante, but banking turmoil has changed that.
The US economy has powered forward despite aggressive rate hikes leading to expectations the Fed would up the ante, but banking turmoil has changed that.
Bitcoin has been on a roll of late, but get ready for plenty of volatility.
Tesla billionaire Elon Musk has sent a warning to U.S. president Joe Biden after the Federal Reserve raised interest rates again…
The Fed’s aggressive interest rate hikes have eroded the value of bank assets such as government bonds and mortgage-backed securities.
A number of issues are weighing on cryptocurrency markets including a sell-off in U.S. stocks and issues at Silicon Valley Bank. Bitcoin fell below $20,000.
HELOCs were up 41% year-over-year in the third quarter of 2022, while home equity loan originations grew 47% year-over-year in 2022.
Stocks ended mixed on Wall Street as weakness in several tech companies offset gains in other parts of the market
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Stocks on Wall Street lost ground again Thursday, though the major indexes remained on pace for a weekly gain after a strong two-day rally earlier this week. The S&P 500 fell 0.8%. Nearly three-fourths of the stocks in the benchmark index closed in the red, with retailers, banks and industrial companies among the biggest weights.
In short, the measures which were announced by Liz Truss’s Government risk wrecking the economy which she has pledged to grow. That’s quite an achievement for a Government not even a month into their tenure.