Traders work on the floor of the New York Stock Exchange (NYSE) in New York, United States, December 14, 2022. andrew kelly | Reuters Here are the most important information investors need to start their trading day: 1. Desperate for Santa Ho-ho-ho? Rather, no no no. It’s been a terrible week for stocks and hopes …
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NEW YORK (AP) — The Federal Reserve’s decision on Wednesday to raise its key rate by half a point took it to a range of 4.25% to 4.5%, the highest level in 14 years. The Fed’s latest increase – its seventh rate hike this year – will make it even more expensive for consumers and …
London CNN — Bernard Arnault, the chairman of French luxury giant LVMH (LVMHF), has just become the first European to top Bloomberg’s list of the world’s richest people, relegating Elon Musk to the second place. Worth $171 billion, Arnault’s fortune eclipsed the Tesla CEO’s $164 billion fortune on Tuesday, according to the Bloomberg Billionaires Index. …
Traders work on the floor of the New York Stock Exchange (NYSE), December 7, 2022. Brendan McDermid | Reuters Here are the most important information investors need to start their trading day: 1. Take the temperature of the economy The government’s latest reading on inflation is expected to drop at 8:30 a.m. ET. Economists polled …
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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — The Federal Reserve is almost certain to announce on Wednesday that it will raise interest rates again. But investors are hoping it will be a smaller increase than the …
The Fed will raise rates again. But that’s playing with fire | CNN Business Read More »
Heat pumps are becoming increasingly popular for residential housing with rising energy prices and the need to reduce the use of fossil fuel heating systems. Andrew Aitchison | In pictures | Getty Images Are you thinking of a domestic heat pump? New and expanded government incentives, coupled with a steep rise in utility costs, make …
CNN — Mortgage rates fell again this week, falling for the fourth week in a row. The 30-year fixed-rate mortgage averaged 6.33% in the week ending December 8, down from 6.49% the previous week, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen for most of 2022, …
Mortgage rates fall for the fourth consecutive week | CNN Business Read More »
A screen displays GameStop’s logo and business information on the floor of the New York Stock Exchange (NYSE) on March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday that its sales in the third fiscal quarter fell and its cash flow fell sharply, as the bricks-and-mortar retailer worked to expand its digital presence. During …
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Traders on the NYSE floor Source: NYSE Here are the most important information investors need to start their trading day: 1. Can stocks take the leap? US stock markets entered a deep funk on Wednesday. After big losses on Monday, stocks fell again on Tuesday: the Nasdaq lost 2%, the S&P 500 fell 1.4% and …
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CNN — Hearing aids could be an important tool in the effort to prevent cognitive decline and dementia, according to a new study. Research has established that hearing loss is an important risk factor in the development of dementia, but it’s less clear whether hearing loss intervention will also treat progression of cognitive decline, the …
What is the link between hearing aids and dementia? A new study explains | CNN Read More »
