Wednesday, April 6, 2022

The Fed is ready to move faster on interest rates

The Federal Reserve is ready to raise interest rates at a faster pace to get a handle on America's pervasive inflation problem, according to minutes from the central bank's March meeting released Wednesday.
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The Fed is ready to move faster on interest rates
The Federal Reserve is ready to raise interest rates at a faster pace to get a handle on America's pervasive inflation problem, according to minutes from the central bank's March meeting released Wednesday. Read more »
 
Elon Musk made another $1 billion from his Twitter stake. As if he needs it
Elon Musk has gotten a lot of attention from buying a 9.2% stake in Twitter, along with landing a seat on the company's board. He's also worth an additional $1 billion. Read more »
 
The Fed is sounding more and more aggressive
What does it mean when even the doves at the Federal Reserve start to sound like hawks? Read more »
 
Western countries will dump 60 million more barrels of emergency oil on the market
The West is tapping more of its emergency oil reserves to help wean itself off Russian crude. Read more »
 
Big Oil CEOs refuse to commit to reduce buybacks and dividends
Leading oil company CEOs declined on Wednesday to endorse a call from Democrats to reduce dividends and share buybacks and plow the money into ramping up production instead. Read more »
 
US pushes Russia to the brink of default
Russia is in imminent danger of default after the United States cut off the country's ability to pay its debt using frozen dollars sitting in American banks. Read more »
 
 
 
 
Dow Nasdaq S&P
-144.67   -315.35   -43.97
34,496.51   13,888.82   4,481.15
-0.42%   -2.22%   -0.97%
YTD -5.07%   YTD -11.23%   YTD -5.98%
 
Biggest Winners
Eli Lilly and Co +4.56%
 
NRG Energy Inc +4.23%
 
Dollar General Corp +4.20%
 
Philip Morris International Inc +3.51%
Biggest Losers
Norwegian Cruise Line Holdings Ltd -6.80%
 
Arista Networks Inc -6.42%
 
Carnival Corp -6.38%
 
Paycom Software Inc -5.39%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $96.95 -5.01 / -4.91%
Gold $1,928.90 +1.40 / +0.07%
10-yr 2.61% +0.05
Euro $1.09 -0.00 / -0.13%
More Markets Now
 
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