Leading Banks Forecast for 2022: JPY, GBP, CAD, AUD, CHF, SEK, CNH
We talked a week ago about what experts from the world’s leading banks and agencies think about the behavior of the EUR/USD pair in the coming 2022. And the fact that we paid attention to it in the first place...
Week Ahead: Omicron, OPEC+, and NFP to Start the New Year
Happy New Year! As we change the calendars from 2021 to 2022, many of the same themes will continue, including rising inflation and the coronavirus. Although we do have a few inflation data points this week (several CPI releases and...
FDIC chair intends to resign in February, giving Biden more say over bank regulation
Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Aug. 3, 2021. Al Drago | Bloomberg | Getty Images Jelena McWilliams, the head...
S&P 500 ends 2021 with a nearly 27% gain, but dips in final trading day
U.S. stocks finished their final trading session of the year lower, capping off a record-setting 2021 that came despite the persistent headwinds of Covid-19. The Dow Jones Industrial Average on Friday fell 59.78 points, or 0.16%, to 36,338.30. The S&P...
Stocks making the biggest moves midday: Pfizer, Peloton, Carnival and more
Paxlovid, a Pfizer’s coronavirus disease (COVID-19) pill, is seen manufactured in Ascoli, Italy, in this undated handout photo obtained by Reuters on November 16, 2021. Pfizer | Handout | via Reuters Check out the companies making headlines in midday trading....
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Finance news
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FTX Reports $415 Million of Cryptocurrencies was hackedFTX has identified about $5.5 billion worth of digital assets for recovery, a number that ... 
Beyond student loan forgiveness, here’s what the government can do to keep the rising household debt in checkOn Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt ... 
Watch Federal Reserve Chair Jerome Powell speak live at Jackson Hole[The stream is slated to start at 10 a.m. ET. Please refresh the page if ... |