The Federal Reserve is expected on Wednesday to raise interest rates for the seventh time this year to combat stubborn inflation. The U.S. central bank will likely approve a 0.5 percentage point hike, a more typical pace compared with the super-size 75 basis point moves at each of the last four meetings. This would push
Click here for 7-free handpicked stocks: https://www.zacks.com/bull Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Group of cheerful people laughing while watching movie in cinema. Zoran Zeremski | Istock | Getty Images Gen Z has been an enigma to the entertainment industry for years. But now there’s more insight into what they like. The short answer: Minions and Dwayne “The Rock” Johnson, according to new data from decision intelligence company
Take a look at some of the biggest movers in the premarket: Horizon Therapeutics (HZNP) – The drugmaker’s shares surged 14.7% in the premarket after it agreed to be bought by Amgen (AMGN) for $116.50 per share in cash, with the deal valued at $27.8 billion. Amgen shares fell 2.6%. related investing news Here are
Learn how to increase your earning power at the inaugural CNBC Make It: Your Money virtual event, which will be livestreamed here on Tuesday, Dec. 13, at 12pm ET. Guests include successful entrepreneurs and financial icons, who will share their money-making tips and insights during the hour-long webcast. Here’s a rundown of what to expect.
Cn0ra | Istock | Getty Images The end of the year is an important time for making financial decisions that can have an impact in the year ahead — and for years to come. From your work to your savings and investments to spending and giving back, here are five moves you should consider making
This image, from Sept, 2022, shows a liquefied natural gas tanker arriving at a port in the Netherlands. Siese Veenstra | AFP | Getty Images The power crisis gripping Europe has little to do with Vladimir Putin and it could be argued that the Russian leader’s actions have helped improve the situation, according to Per
In this article TRIP Follow your favorite stocksCREATE FREE ACCOUNT Ever notice that a single hotel can be rated three, four and even five stars? That’s the case with Singapore’s iconic Marina Bay Sands, which is rated five stars on Booking.com, four stars on Forbes Travel Guide and three stars on Frommer’s. This is because
In this article PARA GTN Follow your favorite stocksCREATE FREE ACCOUNT Courtesy: VUit The streaming platform VUit is bulking up with newscasts from Paramount Global‘s owned and operated local CBS TV stations as the fledgling service looks to take a bigger foothold in the sprawling U.S. local news market. The streaming newscasts from CBS’s 13
The appetite for Treasury inflation-protected securities ETFs, otherwise known as TIPS, may soon increase. According to Charles Schwab’s D.J. Tierney, these investments are becoming more appealing as the economy shows further signs of a slowdown. “With the rate move upward and inflation breakevens, [TIPS ETFs] might make more sense right now than they did a
In this article HWIN Follow your favorite stocksCREATE FREE ACCOUNT Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Federal prosecutors in New Jersey want the Securities and Exchange Commission to postpone its civil case against the alleged masterminds behind a $100 million fraud scheme involving a small-town deli so it won’t get in the way
Kathrin Ziegler | Digitalvision | Getty Images As inflation has kept prices high in 2022, Social Security beneficiaries may look forward to a record high cost-of-living adjustment in 2023. “Your Social Security benefits will increase by 8.7% in 2023 because of a rise in cost of living,” the Social Security Administration states in the annual
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT A year ago, workers at a Starbucks store in Buffalo, New York, voted to unionize, a first for the chain. The union win at the Elmwood Avenue location has since spurred more than 300 of the chain’s cafes to follow suit with their own petitions
Automatically adjusted lifetime income is rare and worth protecting, our columnist says. The 8.7 percent cost-of-living adjustment for Social Security isn’t just a big benefit increase. It’s priceless. You can’t buy inflation-protected lifetime income like that on the open market, not from an entity as solid as the United States government. “People don’t appreciate what
The moves at the nation’s largest newspaper publisher include a week of mandatory unpaid leave and voluntary buyouts. The chief executive of Gannett, the largest newspaper publisher in the country, announced widespread cost-cutting to its newsrooms on Wednesday, citing headwinds from the “deteriorating macroeconomic environment.” In a memo to the staff, Mike Reed, the chief
One reason: You pay for it. And, despite what many Americans believe, it’s “definitely a misconception” that it will run out before you retire, experts say. To most young people, few topics are as dull as Social Security. Or, as one 36-year-old friend put it to me recently, “I assume it won’t be around by
BEVERLY, Mass. — It’s a gray November morning, and we’re on board a long, yellow school bus. The bus bounces over this Boston suburb’s patched streets in a way that would be familiar to anyone who ever rode a bus to class. But the bus is quiet – and not just because there are no
In this article RENT CIEN OXM GME Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Ciena (CIEN) – The networking equipment maker’s stock surged 19.1% after a substantial top and bottom line beat in its latest quarter. Ciena earned an adjusted 61 cents per share for its latest
Heat pumps are becoming more popular for residential housing with energy prices increasing and the need to reduce use of fossil fuel heating systems. Andrew Aitchison | In Pictures | Getty Images Thinking about a home heat pump? New and expanded government incentives, coupled with sharply rising utility costs, make it more compelling. Especially when
A customer lights a joint at Lowell Farms, America’s first official Cannabis Cafe offering farm-to-table dining and smoking of cannabis in West Hollywood, California, October 1, 2019. Mike Blake | Reuters After enjoying a sales surge during the pandemic, the U.S. cannabis industry is showing signs of a slowdown as it faces economic and regulatory