How major US stock indexes fared Wednesday
USA finance

How major US stock indexes fared Wednesday

Stocks closed higher on Wall Street Wednesday after the latest report of surging prices appeared to keep the Federal Reserve on track to raise interest rates later this year. The S&P 500, the Dow Jones Industrial Average and the Nasdaq rose. Technology stocks led the market higher. Inflation jumped 7% last month, its fastest year-over-year pace in nearly four decades, but in line with economists’ forecasts. Fed Chair Jerome Powell told Congress Tuesday the Fed stands ready to raise rates to fight inflation.

The future of cryptocurrency: Could it replace the US dollar?
Cryptocurrency exchanges

The future of cryptocurrency: Could it replace the US dollar?

Cryptocurrency, which some see as the currency of the future, has had a rough ride lately. After reaching an all-time high in April, it tanked. Still, many wonder if this form of digital currency might replace the almighty dollar. Justin Verley’s phone doubles as a wallet. His cards are attached to the back and he …