European Central Bank Chief Economist Philip Lane on Tuesday warned markets against pricing in cuts to interest rates within the next two years.
Category: Finance News
Delta CEO forecasting highest 2Q earnings ever. Here’s what the pros are saying
Pros on CNBC discuss Delta Air Lines after its CEO predicts the company could see its highest second-quarter earnings ever.
Some advisors are flocking to alternative investments, survey finds. What investors need to know
Some advisors are turning to alternative investments, according to a new survey from the Financial Planning Association. Here’s what investors need to know.
Don’t budget, says financial psychologist. Here’s why he recommends a ‘spending plan’ instead
Budgeting helps address areas you need to control but can come across as restrictive. Spending plans offer more freedom.
Term life insurance is often best, financial advisors say — but most people buy another kind
There are two broad categories of life insurance: term and permanent. Most people buy the latter, data shows, which doesn’t jibe with advisors’ suggestion.
Stocks making the biggest moves midday: Lordstown Motors, Walgreens Boots Alliance, Delta and more
These are the stocks posting the largest moves in midday trading.
45-year-old self-made millionaire shares his 4 ‘cheat codes’ to help skyrocket your wealth
In his early 20s, Alan Corey invested the income from his 9-to-5 job into real estate. Now, at 45, he’s a self-made millionaire. From home-buying to renting, the financial expert and entrepreneur shares his top “cheat codes” to skyrocket your wealth.
Wise shares spike 18% as higher interest rates help fintech triple profits
Wise said in a statement to the stock market that its profit before tax nearly tripled to £146.5 million ($186.5 million).
Stocks making the biggest premarket moves: Walgreens, Kellogg, Eli Lilly, Delta and more
These are the stocks posting the largest moves in the premarket.
A U.S. recession is coming this year, HSBC warns — with Europe to follow in 2024
The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession in 2024,” according to HSBC Asset Management.