The S&P 500's 2023 gain is set to be wiped out in a matter of weeks as the Fed's inflation fight remains 'very much unaccomplished,' says Bank of America

Tech Insider
Traders work on the floor of the New York Stock Exchange (NYSE)

Spencer Platt/Getty Images

Ford and GM have more cars on lots than Toyota or Lexus as inventory remains scarce

Tech Insider
An auto dealership selling the Jeep Grand Cherokee and other Chrysler vehicles is seen in Los Angeles July 24, 2015. REUTERS/Phil McCarten
Domestic automakers like Stellantis had more vehicle inventory than other brands in January.

Thomson Reuters

US stocks end mixed as Fed officials sound off on inflation fight and path of future rate hikes

Tech Insider
Traders work on the New York Stock Exchange floor.
Traders work on the New York Stock Exchange floor in New York City.

AP Photo/Ted Shaffrey

Oil extends weekly loss to 5% as speculation of more aggressive rate hikes from the Fed stokes demand worries

Tech Insider : Economy
Canada, Alberta, Oil workers using oil drill.

Tetra Images - Dan Bannister

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

Tech Insider
hedge fund trader

Shutterstock

The good news is markets look resilient — but the bad news is just about everything else

Tech Insider

TGIF. Phil Rosen here, reporting from New York City. 

I'm happy to see that, finally, the rest of the world seems to be catching on to the magic that is Magic: The Gathering. 

Haven't heard of it? Well the once-niche card game just became a $1 billion brand.

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

Tech Insider
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

Mortgage rates will drop to 5.2% this year despite the uptick this month, said a top economist

Tech Insider
A for-sale sign home in Washington state
Mortgage rates could fall to as low as 5.2% this year, the Mortgage Bankers Association said.

Thomas Northcut/Getty Images

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

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

REUTERS/Lucas Jackson

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

Tech Insider
Sam Zell
Billionaire real estate investor Sam Zell.

Steven Ferdman/Getty Images

Subscribe to Interest Rates