US stocks slip as investors digest hawkish Fed comments on future rate hikes

Tech Insider
US stock market traders
Friday's inflation print shocked investors.

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Stock market investors need to start worrying about Americans running out of savings, SoFi strategist says

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credit cards
Credit card debt rose by $61 billion last quarter while the US savings rate fell to just 3.4%.

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Nestlé, the world's biggest consumer food company, says it will keep hiking prices in 2023, and that its rivals will have to do the same

Tech Insider : Economy
Nesquik cereal box
Nestlé put prices up by 8.2% globally in 2022.

REUTERS/Denis Balibouse

A little-known hedge-fund manager's huge bet on inflation earned him $859 million and propelled him into the top 10 list

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hedge fund trader

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US stocks drop on stubbornly high inflation and Fed officials' comments on more rate hike to come

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 8, 2016. REUTERS/Brendan McDermid
Traders work on the floor of the NYSE

Thomson Reuters

Here's why 'bad' news in the economy hasn't rattled stocks, according to DataTrek

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traders
Traders work on the floor of the New York Stock Exchange shortly after the start of trading August 6, 2014.

REUTERS/Lucas Jackson

US stocks fall as investors digest new inflation data and Fed comments on more rate hikes ahead

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Workers process chickens Costco plant Nebraska

AP Photo/Nati Harnik, File

The Fed 'screwed up' by letting zero interest rates go on for too long, billionaire investor Sam Zell says

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Sam Zell
Billionaire real estate investor Sam Zell.

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Markets may be in for an 'enormous shock' as the Fed could have to kick up interest rates to a 40-year high to fight inflation, strategist says

Tech Insider : Economy
A woman shopping in a grocery store

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Inflation hits a staggering 99% in Argentina even after spiraling food prices sparked street protests

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Argentina inflation protests
Year-on-year inflation has jumped to 99% in Argentina, sparking widespread street protests.

Reuters

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