Chicago Fed President Charles Evans said the central bank is holding fast in its commitment to bring down inflation.
Category: Finance News
IRS delays guidelines, waiving penalties for some inherited retirement accounts until 2023
If you inherited a retirement account in 2020 or 2021, the IRS is waiving penalties for some heirs who needed to start taking required minimum distributions.
Stocks making the biggest moves midday: Ford, Las Vegas Sands, Nvidia, Kraft Heinz and more
These are the stocks posting the largest moves in midday trading.
ARK’s Cathie Wood issues open letter to the Fed, saying it is risking an economic ‘bust’
The Fed likely is making a mistake in its hardline stance against inflation, Ark Invest’s Cathie Wood said Monday.
Paul Tudor Jones believes we are in or near a recession and history shows stocks have more to fall
“I don’t know whether it started now or it started two months ago,” Jones said on CNBC’s “Squawk Box” on Monday when asked about recession risks.
Stocks making the biggest moves in the premarket: Ford, General Motors, Rivian and more
The stocks making the biggest moves in premarket trading include Ford, General Motors, Rivian, and more.
Nobel economics prize awarded to U.S.-based economists including Bernanke for work on financial crises
U.S.-based economists Ben Bernanke, Douglas Diamond and Philip Dybvig win the Nobel prize in economic sciences for research on banks and financial crises.
Shaquille O’Neal reveals Jeff Bezos’s investing principle that he still uses today
Former NBA basketball player Shaquille O’Neal shared an investment principle he heard from Amazon founder Jeff Bezos, which has inspired his undertakings since.
Chinese chip stocks tumble after U.S. calls for new curbs on high-end tech
Chinese chip stocks fell Monday after the U.S. announced new export controls aimed at limiting Beijing’s ability to produce advanced military systems.
Musk says Beijing doesn’t want him to sell Starlink in China
Elon Musk told the Financial Times Beijing doesn’t want him to sell his Starlink satellite internet service in China after it was rolled out in Ukraine.