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US stocks drop after wholesale inflation comes in hotter than expected

Fri, 08/11/2023 - 09:40

Tech Insider

trader nyse screens — : Traders work on the floor of the New York Stock Exchange (NYSE) on June 01, 2023 in New York City.
Spencer Platt/Getty

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US stocks whipsaw but close higher as Wall Street mulls Fed outlook after July CPI

Thu, 08/10/2023 - 16:03

Tech Insider : Economy

Shoppers — Photo by Michael Nagle/Xinhua via Getty Images)

Markets, MI Exclusive, Stock Market, stock market news, Stock market wrap, Inflation, CPI

The Fed may be done hiking rates but there's another policy move that still poses a big risk to stocks

Thu, 08/10/2023 - 16:01

Tech Insider

jerome powell — Federal Reserve Board Chairman Jerome Powell arrives at his news conference following the closed two-day Federal Open Market Committee meeting in Washington, U.S., May 1, 2019.
Yuri Gripas/Reuters

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Disney just hiked streaming prices by almost 30% and Wall Street is thrilled

Thu, 08/10/2023 - 12:33

Tech Insider

In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen.

Rafael Henrique/SOPA Images/LightRocket via Getty Images

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US stocks rise after CPI shows inflation came in cooler than expected in July

Thu, 08/10/2023 - 09:35

Tech Insider

A woman checks an item from the meat department in a supermarket — A woman checks an item from the meat department while grocery shopping at a supermarket in Alhambra, California, on July 13, 2022.
FREDERIC J. BROWN/AFP via Getty Images

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These 5 bearish arguments have yet to derail the stock market rally

Wed, 08/09/2023 - 15:47

Tech Insider

Bull and bear — Following a glut of IPOs in 2021, broader market and economic uncertainty has led to a 2022 tech IPO hiatus.
iStock/Getty Images

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Warren Buffett's Berkshire Hathaway will profit whether interest rates stay high or recession strikes, veteran investor Steven Check says

Wed, 08/09/2023 - 05:58

Tech Insider

FILE PHOTO: Berkshire Hathaway chairman and CEO Warren Buffett enjoys an ice cream treat from Dairy Queen before the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S. May 6, 2017. REUTERS/Rick Wilking/File Photo — Warren Buffett.
Reuters

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Warren Buffett's Berkshire Hathaway will profit whether interest rates stay high or recession strikes, veteran investor Steven Check says

Wed, 08/09/2023 - 05:58

Tech Insider

FILE PHOTO: Berkshire Hathaway chairman and CEO Warren Buffett enjoys an ice cream treat from Dairy Queen before the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S. May 6, 2017. REUTERS/Rick Wilking/File Photo — Warren Buffett.
Reuters

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A new class of weight loss drugs is powering massive stock-market gains for Novo Nordisk and Eli Lilly

Tue, 08/08/2023 - 12:08

Tech Insider

Ozempic box — Ozempic.
Getty Images

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Rising interest rates could re-emerge as a threat to stocks, Bank of America says

Tue, 08/08/2023 - 11:16

Tech Insider

stock market crash — High interest rates could be about to weigh on stocks again, Bank of America warned in a note to clients Tuesday.
Getty Images

Markets, MI Exclusive, Stock Market, Stock Market Outlook, Bank of America, Interest Rates, Federal Reserve

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