Investing News

Expectations for the Federal Reserve’s next interest rate hike at its upcoming meeting in September have shifted following yesterday’s release of minutes from the Fed’s July meeting. Ahead of the release, traders had been evenly divided between an increase of 50 basis points (bps) and an increase of 75 bps, according to CME Group, based on fed funds futures data.

As central banks around the world have been aggressively raising interest rates to combat inflation, Turkey’s central bank is taking a very different approach. Despite inflation soaring to nearly 80%, Turkey’s central bank announced it has decided to cut its interest rate from 14% to 13%. It had been at 14% for the past seven months. Analysts had

Cineworld Group PLC (CINE.L), a leading global operator of movie theaters, is considering bankruptcy protection, including a Chapter 11 filing in the United States. Based in the United Kingdom, Cineworld is the second-largest cinema business in the world, based on the number of screens. It operates in 10 countries with 751 sites and 9,189 screens.

A certificate of deposit (CD) is a financial product that is similar to a typical savings account and is offered by banks, credit unions, and other financial institutions. The Federal Deposit Insurance Corp. (FDIC) and the National Credit Union Association (NCUA) insure CDs for up to $250,000, making these types of investments practically risk-free. Unlike

Thailand is a good example of a developing country that, with rapid economic growth, has graduated from the ranks of undeveloped countries in just a generation or two. It was a low-income country in the 1980s, but the World Bank upgraded it to “upper-middle-income” status in 2011. From 1960 to 1996 its economy grew by

Spotify Technology S.A. (SPOT) offers an audio-streaming subscription service. The company monetizes its service through monthly fees for its premium subscription service and through sales of advertising associated with its free streaming service. Spotify offered services globally in 184 countries and territories, and had 406 million monthly active users (MAUs) and 180 million Premium Subscribers

It is not uncommon for large U.S. corporations to pay no U.S. income taxes despite making billions of dollars in profits. In fact, 55 of America’s largest companies paid no income taxes over the three-year period from 2018-2020, all while generating hefty profits. Many even received tax rebates adding up to hundreds of millions of

Mortgage rates ended the week notably higher with big moves Friday. The flagship 30-year average rose almost two-tenths of a point to again approach the 6% mark, which hasn’t been breached since July 14. Today’s National Mortgage Rate Averages The 30-year mortgage average rose 18 basis points Friday to 5.95%, taking it 37 basis points

Racial and ethnic minority groups constitute a growing segment of the U.S. population, although their share of government leadership roles doesn’t always reflect that. Though people of color are fairly well represented in appointed positions, such as in President Biden’s Cabinet, elected bodies at the federal and state levels have a ways to go before

In this article AMC AMC Entertainment has embarked on a meme-friendly experiment to give a token reward to its retail investor base while also creating a backdoor way to raise more cash down the line. The theater chain’s new preferred share class — called “APE” units — begin trading on Monday after being distributed to

A survey of corporate executives, business owners, and private equity by Stifel Financial reveals that nearly all respondents believe the U.S. economy is either already in a recession (18%) or will face one within the next 18 months (79%). Only 3% of the executives surveyed think a recession will be avoided.  Despite the gloomy outlook, respondents acknowledged the U.S.

Peter Navarro, an economist, professor of business, and outspoken critic of China’s economic policies was appointed by then-President Donald Trump on Dec. 21, 2016, to head the National Trade Council, set up by the Trump administration. Navarro was a key voice in the former President’s ear on the trade war with China and the forming of the USMCA,

If you are planning to start betting—be it in a casino, sports betting, or any other type—it’s essential to understand the odds. Placing bets intelligently requires having a good grip on the main types of betting odds and the ability to read and interpret their various formats. The three main types of betting odds are

Mozilla launched Firefox in November 2004 as an alternative to Microsoft’s Internet Explorer browser. It briefly surpassed Internet Explorer as the most popular browser in 2009 due to its add-on features and greater security protection. Since Google Chrome’s release in December 2008, its market share has steadily increased to over 73% while Firefox’s market share

Gross domestic product (GDP) is an estimate of the total value of finished goods and services produced within a country’s borders during a specified period, usually a year. GDP is popularly used to estimate the size of a country’s economy. GDP is most commonly measured by using the expenditure method, which calculates GDP by adding

A broad variety of different businesses, company structures, and industries exist within the private sector in the United States. The private sector is a broad concept encompassing profit-seeking companies that produce products and offer services, invest capital, and undertake a variety of different activities in pursuit of profit. These companies range in size from small

The role of equity research is to provide information to the market. A lack of information creates inefficiencies that result in stocks being misrepresented (whether over or undervalued). Analysts use their expertise and spend a lot of time analyzing a stock, its industry, and its peer group to provide earnings and valuation estimates. Research is valuable

Members of the U.S. military are eligible for a variety of government programs to pay for college—during school, while they are serving, and after they complete their service. Here’s a rundown of the programs that are available, starting with current college students. Key Takeaways The U.S. military has a number of programs to help pay for

What Is Waze? Waze is a community-driven map app designed by an Israeli company that was acquired by Google (GOOG) in 2013. Waze uses data from app users to provide quicker navigation routes. Data is submitted both automatically as users drive around (using speeds determined by GPS signals) and can be manually entered on the

The yield on U.S. Treasury securities, including Treasury bonds (T-bonds), depends on three factors: the face value of the security, how much the security was purchased for, and how long until the security reaches its maturity date. Many external factors influence Treasury prices and yields, including the monetary policy of the Federal Reserve and the