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Personal Finance Daily: Homeowners are upbeat about the housing market — for one key reason and where does your city rank in the EPA’s Air-Quality Index?

Wednesday's top personal finance stories.

Washington Watch: Gensler accused of being in ‘complete contempt of Congress’ with crackdown on Coinbase

The Securities and Exchange Commission is engaged in a multifront battle against actors in the digital asset industry that intensified this week

Economic Report: High inflation to take longer to tame and keep Fed on hot seat, Wall Street pros say

Persistent inflation is likely to keep U.S. interest rates high through 2023 and leave the U.S. susceptible to recession, financial-industry economists say.

Earnings Results: GameStop fires CEO, elects Ryan Cohen as executive chairman; stock plunges

GameStop Corp. fired Chief Executive Matthew Furlong on Wednesday and said that its board had elected activist investor Ryan Cohen as its executive chairman, effective immediately.

Commodities Corner: Get ready for higher beef prices this summer. Here’s why.

Cattle futures have climbed to their highest prices on record as drought conditions in the southwestern United States devastated the animals’ feeding grounds, contributing to a drop in the size of the domestic cattle herd to its smallest in eight years.

Market Extra: Climate-related ETFs rise as U.S. stocks mostly fall

Some climate-related exchange-traded funds rose Wednesday while the broader U.S. stock market mostly fell.

Brett Arends's ROI: You may be betting one-sixth of your retirement portfolio on TV’s Jim Cramer

Cramer is bullish on these seven stocks. Should you be?

The Tell: Bank of Canada surprise rate hike reminds U.S. stock investors ‘pause’ doesn’t mean ‘stop’

The Bank of Canada delivers a reminder to U.S. investors Wednesday that pressing “pause” on rate hikes doesn't necessarily mean the tightening cycle is over.

The Ratings Game: Jefferies reiterates buy on First Horizon while Raymond James keeps market-perform rating

Jefferies cites potential for future stock buybacks and potential M&A activity for the bank while shaving its 2023 and 2025 earnings view.

: Amazon plans ad-supported tier for Prime Video streaming service: report

The e-commerce behemoth behind Prime Video is planning to take the plunge following similar moves by Netflix Inc. and Walt Disney Co.

: Target sees more foot traffic despite anti-LGBTQ+ backlash, research finds

Target has faced an intense anti-LGBTQ+ backlash against its Pride collection.

: A deluge of Treasury bill issuance is coming. How it could impact stocks and the broader market

A roughly $1 trillion deluge of debt-ceiling Treasury issuance is expected to start flowing later this week. Will it derail stocks? Here's a chart showing the performance of markets in past periods of heavy supply.
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