Money

What To Expect on Interest Rates From Next Week’s Fed Meeting

Key Takeaways The Federal Reserve is widely expected to maintain its influential interest rate at its current 23-year-high level when…

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Earnings and a Bullish Upgrade Sent This Flooring Company’s Stock Flying

Key Takeaways Flooring manufacturer Mohawk Industries reported second-quarter revenue and earnings in line with analysts’ expectations. Meanwhile, Bank of America…

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Norfolk Southern Stock Is Back In the Green This Year. Here’s Why

Key Takeaways Norfolk Southern cut costs and got an insurance payout that helped the railroad beat second-quarter earnings estimates. Revenue…

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What the Tech Bubble in 2000 May Tell Us About the Stock Market Today

Key Takeaways Recent losses for tech stocks have coincided with gains for utilities, healthcare, and consumer staples, an echo of…

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Booz Allen Hamilton Stock Sinks as Q1 Profit Misses Estimates

Key Takeaways Booz Allen Hamilton missed profit expectations for its fiscal 2025 first quarter when it reported results Friday. The…

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Why The Fed May Need You To Stop Spending So Much Money

Key Takeaways The latest inflation report from the U.S. government showed that inflation is cooling, a good sign for the…

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Bitcoin Rises Back Above $67,000

Key Takeaways Bitcoin is trading over $67,000 on Friday, rising as the Bitcoin 2024 conference continues in Nashville. The spot…

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AI Chip Rally Returns Friday With Nvidia and Other Semiconductor Stocks Rising

Key Takeaways Nvidia, AMD, and other chip stocks gained Friday, rebounding from recent losses as analysts suggested they have further…

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Centene Beats Estimates, Boosts Guidance on Higher Premiums, Memberships

Key Takeaways Centene posted better-than-expected results and boosted its guidance as it made more from premiums and services and increased…

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Does the President Control Gas Prices?

U.S. presidents don’t control gas prices despite what they — and their opponents — might say. The influence a president…

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