Bowman said Tuesday she expects more interest rate increases ahead, with higher rates to prevail for a while until inflation is subdued.
How Paul Tudor Jones is looking at the stock market this year and the chances for a comeback
The founder and chief investment officer of Tudor Investment said he believes the Fed will stop short of breaking the economy, engineering a soft landing.
Powell stresses need for Fed’s political independence while tackling inflation
The central bank leader noted that stabilizing prices requires making tough decisions that can be unpopular politically.
Mega Millions jackpot is $1.1 billion. How big winners can prep for ‘the inevitable asking for money’ from family, friends
While winning can make you a target for people seeking to benefit from your newfound wealth, there are ways to minimize the requests for money.
Stocks making the biggest moves premarket: Oak Street Health, Frontline, Boeing and more
These are the stocks posting the largest moves in premarket trading.
Coinbase to slash 20% of workforce in second major round of job cuts
CEO Brian Armstrong pointed to more pressure on the crypto sector thanks to “unscrupulous actors in the industry.”
Mark Cuban says he doesn’t need his billions: I’d ‘for sure’ be just as happy with 1% of my net worth
An interviewer asked Mark Cuban if he’d be as happy with just 1% of his $4.6 billion net worth. ‘If I had my same family and everything, for sure,’ Cuban said.
Asia-Pacific’s benchmark index enters a bull market, thanks to China’s reopening
Asia-Pacific’s leading index entered a bull market this week, fueled by a rally in Chinese equities from reopening optimism.
‘Quick and dirty’: France’s Macron expected to push through pension reforms after years of pushback
France’s legal retirement age is currently 62 — lower than many developed markets, including much of Europe and the U.S.
Chinese travelers say new restrictions are ‘unfair’ — but they’re angry at some countries more than others
Some Chinese travelers say they’re not going to South Korea and Japan — not because they’re boycotting them, but because they’re being blocked from entering.