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Personal Finance
Here’s What Happens To Stocks When The Fed Raises Rates By 100 Basis Points
Federal Reserve Chair Jerome PowellBrendan Smialowski/Pool via ASSOCIATED PRESSStocks have continued to struggle for direction since a hotter-than-expected inflation report earlier this week dragged markets to their worst single-day drop…
Worker Power Is Weakening, Indicators Show
The "Fight Starbucks' Union Busting" rally and march in Seattle, Washington on April 23, 2022. ... While unionization efforts are rising, the numbers haven’t shown up in the statistics, because the newly organized workers don’t have…
Dow Jumps 200 Points As Investors Brace For August Inflation Report And More Fed Rate Hikes
ToplineThe stock market moved higher on Monday, extending recent gains ahead of a key inflation report this week, with investors hoping for more signs that high consumer prices have peaked as the Federal Reserve continues to aggressively…
Choose Your Own Adventure: A New Approach To Financial Planning
Financial planning, as a relatively new profession, has experienced a rapid pace of evolution. Initially, it began as an aggregation of previously segregated financial industry services—brokerage, banking, and insurance—but it took a major…
Stocks Rally Even After Powell Reiterates That Fed Will Keep Raising Rates
ToplineThe stock market moved higher on Thursday even as recession fears continued and investors assessed comments from Federal Reserve Chair Jerome Powell, who pledged that the central bank is “strongly committed” to bringing down…
Dow Falls Nearly 200 Points As ‘Gloomy’ Investors Brace For Higher Interest Rates
ToplineThe stock market fell in volatile trading on Tuesday, adding to sharp losses in recent weeks as investors assessed the latest round of better-than-expected economic data, which points to more aggressive interest rate hikes from the…
Dow Falls Over 300 Points Despite Solid Jobs Report, Stocks Post Third Straight Week Of Losses
ToplineThe stock market tanked on Friday despite the August jobs report coming in slightly lower than expected and dropping significantly from last month, which did little to ease investor concerns about more aggressive interest rate hikes…
The Stock Market’s Summer Rally Is Over And Investors Should Prepare For A Rough September
ToplineThe summer stock market rally appears to have fizzled out after steep declines in August, and experts warn investors should expect more volatility in September, which is historically the market’s worst month—especially when stocks…
Bed Bath & Beyond Faces ‘Critical Months Ahead’ As Retailer Prepares To Give Strategic Update On…
ToplineShares of meme-stock favorite Bed Bath & Beyond, which have swung wildly in recent weeks, initially jumped before moving lower on Tuesday, a day before the struggling retailer will provide investors with a “strategic update” on…
How Homeownership Has Changed Since The Great Housing Bubble And Crash
Out of all U.S. cities with at least 100,000 total occupied housing units, Cleveland has seen the ... largest increase in its share of owner-occupied households with incomes of $150,000 or more, from 2010 to 2020. getty It’s now been…