News

Fed holds rates steady, indicates only one cut coming this year

The Federal Reserve on Wednesday released its decision on interest rates following this week's policy meeting.

Here's the Fed's new rate forecast that's moving the markets

The Federal Reserve on Wednesday projected only one rate cut for the remainder of 2024, down from its March forecast that called for three reductions.

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting.

Keith Gill has some tough choices to make on his GameStop options with Wall Street ready to pounce

Roaring Kitty might be pondering on what to do with his massive options position against GameStop and he could have some tough choices to make.

GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy

The retailer announced it completed an at-the-market equity offering, selling the maximum number of 75 million shares to raise proceeds of $2.14 billion.

More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say

Federal officials said the Biden administration hit a key milestone in its push to make it easier for consumers to buy an electric vehicle.

Affirm buy now, pay later loans will be embedded into Apple Pay later this year

Affirm will surface as an option for U.S. Apple Pay users on iPhones and iPads later this year.

Home equity is near a record high. Tapping it may be tricky due to high interest rates

Consumers are sitting on ample housing wealth. High interest rates make it difficult to access.

GameStop shares slide 16% following Friday's 40% sell-off

The video game company's stock declined to just below $24 apiece on Monday after falling nearly 40% on Friday alone.

Opinion: The elements for a big stock market drop are aligning. Here’s why investors shouldn’t panic

It's always helpful to examine the elements that foster a crash.

Buying a house of ‘Home Alone’ or John Lennon fame? There's a premium for that

A number of famous homes are for sale. Luxury real estate agents say sellers typically fetch a premium for that cachet.

Retail investors may be a step closer to investing in unicorns

Forge Global CEO Kelly Rodriques wants to revolutionize private equity investing to help mitigate a stalling IPO market.
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