Articles

The Fed: Fed has to get away from meeting-by-meeting ‘guessing game’ on interest rates, Mester says

Cleveland Fed President Loretta Mester said Friday the Fed needs to find a way to end the 'meeting-by-meeting guessing game' on interest-rate moves.

Banking: Regions Financial’s stock falls to lowest level in nearly 3 years as bank misses on profit, revenue and net interest income

Regions Financial cited "economic and regulatory uncertainty" as its profit rose but missed Wall Street analysts' projections.

: ‘Moving sucks.’ How — and when — to move in retirement.

Be proactive about moving. Don't wait for an emergency situation.

: Israel, Ukraine aid could run up against House dysfunction, making for ‘tragedy’: analyst

President Biden's Israel-Ukraine aid request could be stymied by a dysfunctional House of Representatives, making for a "tragedy," one analyst says.

: Middlemen pocket 70% of Medicare spending on widely used generic drugs, study finds 

Prescription-drug intermediaries’ market power seen in hefty profits on popular blood pressure, cholesterol drugs 

: Biden seeks $14 billion for Israel, $61 billion for Ukraine in request to Congress

President Biden asked Congress for about $14 billion to support Israel and requested more than $61 billion to aid Ukraine, as the House is without a speaker.

Europe Markets: IHG forecasts ‘very strong’ 2023 as shares in hotelier fall on ‘financing challenges’ warning

Shares in InterContinental Hotel Group fell on Friday as the firm said 'short-term financing challenges' had hindered its ability to build new hotels

What's Worth Streaming: Here’s what’s new on Hulu in November 2023 — and what’s leaving

Get ready for 'A Murder at the End of the World' 'Fargo,' 'Faraway Downs' and much more

: CSX on track to reap benefits of strong service momentum, analysts say

CSX’s service metrics have caught the attention of analysts.

Bond Report: U.S. yields head lower, with 10-year slipping from almost 5%

The benchmark 10-year U.S. Treasury yield pull back from almost 5% as tensions in the Middle East threatened to engulf the region.

Market Extra: A contrarian ‘buy signal’ for stocks has been triggered, as investors flee cash, says Bank of America

Michael Hartnett, Bank of America’s chief investment strategist, says their Bull & Bear Indicator is now in "extreme bearish" territory and money-market funds have seen huge outflows.

Earnings Results: Amex calls out ‘strong’ spending and credit trends as earnings beat estimates

American Express easily topped profit expectations for its third quarter, while calling out healthy spending and 'strong' credit metrics.
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