|
United is seen reporting higher revenue in a quarter marred by the U.S. government shutdown. An uptick in business travel is a welcome boost for the year ahead.
|
|
Brooklyn Peltz Beckham: 'I do not want to reconcile with my family' BBCBrooklyn Beckham blasts parents David and Victoria, says family ‘controlled' him for years Fox NewsBrooklyn Peltz Beckham Claps Back at Narrative Wife Nicola Peltz Beckham "Controls" Him E! NewsBrooklyn Beckham Claims Mom Victoria Danced ‘Inappropriately on' Him at Wedding, ‘Humiliated' Him
|
|
China hits its GDP target—in a weird way The EconomistChina hits growth goal after exports defy US tariffs BBCXi's Export Machine Gets Lift From US Move to Strongarm Allies BloombergChina's economy hit growth target last year despite Trump trade war and property crisis The GuardianChina hits 2025 GDP growth target on export boom, but can't shake domestic chill
|
|
Stellantis shares were largely up - as high as 93% in March 2024 - until reporting troubling financial results that year amid cost-cutting efforts and EVs.
|
|
China hits growth goal after exports defy US tariffs BBCXi's Export Machine Gets Lift From US Move to Strongarm Allies Bloomberg.comChina's economy hit growth target last year despite Trump trade war and property crisis The GuardianChina economy poised to hit 2025 growth target despite weaker Q4, outlook darkens Reuters
|
|
"One thought is for me to stop working at age 60, while my wife continues for two more years at her teaching job."
|
|
Stocks spent most of Wednesday in positive territory, but went on a roller-coaster ride after the Federal Reserve, as expected, issued its third straight 75 basis point rate hike.
SEE MORE Hedge Funds' 21 Top Blue-Chip Stocks to Buy Now
The Fed's rate hike sparked plenty of chatter among Wall Street's experts, with the main focus on what the central bank plans to do next. Today's move brought the Fed's benchmark federal funds rate to between 3.0% and 3.25%, with projections from the 19 voting members of the Federal Open Market Committee (FOMC) targeting a range of 4.25% and 4.5% by year's end - a half-percentage point higher than where it was in June. Doing the math, that means rates need to rise another 1.25% over the central bank's remaining two meetings (in November and December).
"Today we heard and saw more of the same, and the market shouldn't be too surprised given the Fed and its officials telegraphed that more big hikes were in the cards for the foreseeable future," says Mike Loewengart, head of model portfolio construction at Morgan Stanley. "The market seems to have hoped beyond hope that they would hear some reference to an end to rate hikes on the horizon, but that's certainly not what we got today."
Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.
And that, in turn, sent the major market indexes moving quickly from green to red in the immediate aftermath of the Fed's announcement. However, the wild ride wasn't over, with stocks temporarily bouncing back before ultimately ending lower. At the close, the
|
|
