Wall Street Drops Back To Lowest Since 2020 As Fear ReturnsFor markets to really turn higher, analysts say investors will need to see a break from the high inflation that's swept the world.
U.S. Long-Term Mortgage Rates Increase For 6th Straight WeekThe average 30-year mortgage rate spiked to 6.70% from 6.29% last week according to mortgage buyer Freddie Mac. One year ago, the rate was 3.01%.
Recession Worries Loom As Wall Street Falls Deeper Into Bear MarketWall Street remains on shaky ground as indexes continue to fall into a bear market amid rising inflation.
Republican A.G. Push Visa, Mastercard, AmEx Not To Track Gun SalesThe payment networks said they would adopt the International Organization for Standardization's new merchant code for gun store sales.
U.S. Stocks Fall Broadly Ahead Of Key Fed Decision On RatesMore than 90% of stocks and every sector in the benchmark index lost ground as traders wait to see how far the Fed will raise interest rates.
U.S. Markets Sink Ahead Of Another Expected Interest Rate HikeFutures for the Dow Jones industrials and for the S&P 500 each tumbled nearly 1% Monday morning.
Stocks Edge Higher On Wall Street After Painful Sell-OffThe broader U.S. economy has been slowing, but consumers have remained resilient and the job market remains strong.
Visa To Start Categorizing Gun Shop Sales SeparatelyVisa’s adoption is significant as the largest payment network, and will likely add pressure for Mastercard and American Express to adopt the code.
Stocks Drift Mostly Lower On Wall Street, Extending LossesThe S&P 500 and Dow Jones Industrial Average were down 0.3% in afternoon trading on Tuesday, while the Nasdaq fell 0.4%.
Higher Interests Rates Are On The HorizonFederal Reserve Chairman Jerome Powell said "some pain is coming to households and businesses" as interest rates rise.
Stocks Slip On Wall Street, Erasing Weekly Gains For S&P 500Pricey technology companies and retailers had some of the biggest losses. Utilities and energy stocks held up better than the broader market.
U.S. Stocks Rise As More Big Companies Report Solid EarningsOil prices are steady after the OPEC oil cartel and its allies decided to boost production in September by a much slower pace than in previous months.
How The Federal Reserve's Rate Hikes Affect Your FinancesAnswers to some of the most common questions about the impact of the rate hike.
Stocks Fall As Wall Street Braces For Huge Hike In Interest RatesNewly released data on inflation sent immediate jolts into the markets as a growing number of traders expect another rate hike from the Fed.
Markets Extend Slump As Wall Street Returns From July 4th HolidayThe S&P 500 was down 1.5% as of midday Tuesday and the Dow Jones Industrial Average fell 1.8% to just over 30,500.
Why Are Financial Markets So Volatile?When big companies like Target announce they’re feeling the effects of inflation, Wall Street doesn’t like it.
| Bianca Facchinei and Maya Saenz
The Growing Problem Of Cybercriminals Scamming Crypto InvestorsWhile more people have started to learn about options in the crypto world, it also lets scammers create new opportunities to seize some of your coins.
Where Did Credit Scores Come From?According to the Consumer Financial Protection Bureau, a credit score is a tool to predict how likely you are to pay back a loan on time.
| Meg Hilling and Simon Kaufman
Bitcoin Loses 11% Value In 24 HoursInvestors are selling off riskier assets because central banks are raising interest rates to combat quickening inflation.
Americans Frustrated With Rising Interest RatesThe hope is that higher interest rates will slow inflation and eventually, bring it down. But in the meantime, businesses will struggle.
Wall Street Slips Into A Bear Market; Here’s What That MeansThe last bear market happened just two years ago, but this would still be a first for investors who got their start trading during the pandemic.
El Salvador Pushed For Bitcoin. Now It's Dealing With The RiskEl Salvador pushed to make bitcoin a legal tender, but fluctuations in interest and inflation haven't encouraged a steady result.
Wall Street, Global Markets Bounce Back On China's Rate CutWall Street futures are up slightly Friday morning after a week of heavy losses.
Recession Fears Mount As Wall Street Stocks Slip, Near A Bear MarketThe S&P 500 is down nearly 19% from a record high earlier this year — just shy of the 20% point that defines a bear market.
Stocks Rally, But Still Mark Their 6th Straight Losing WeekThe S&P 500 climbed 2.4%, led by more gains in the highly volatile technology sector.
Stocks Slump 3% As Worries Grow Over Higher Interest RatesSome economists suggest that home sales this year could decline as much as 10% from 2021 levels.
Senate Confirms Brainard For Vice Chair Of Federal ReserveLael Brainard is the lone Democrat on the board for now, and has prior economic experience during the Clinton and Obama administrations.
Elon Musk Accused Of Breaking Law While Buying Twitter StockThe complaint in New York federal court accuses Musk of violating a regulatory deadline to reveal he had accumulated a stake of at least 5%.
Global Stocks Tumble As Russia-Ukraine Conflict EscalatesMoscow's stock exchange briefly suspended trading on all its markets on Thursday morning.
Stocks Slip, Yields Soar On Hottest Inflation In 40 YearsTechnology stocks were among the biggest losers, while energy companies and raw materials suppliers held up better.
