What credit card users need to know if the Fed cuts rates in September – Yahoo Finance
Finally, the Federal Reserve appears poised to cut interest rates in September. A sigh of relief can be heard from credit card users across the country who are struggling with mounting debt balances. At 5.25% to 5.50%, the highest rate in more than 20 years, the cost of credit card debt continues to rise. Check […]
Wannabe pol, crypto booster Michelle Bond busted for campaign finance fraud
A losing candidate for Congress in Long Island was arrested Thursday after prosecutors accused him of illegally funneling $400,000 into his campaign coffers from FTX, the notorious cryptocurrency exchange where his girlfriend worked as a top executive. Michelle Bond, 45, was hired by her boyfriend, Ryan Salameh, an executive at the then-fast-growing Bahamas-based company FTX, […]
Franklin Resources Stock Sinks as SEC Investigates Co-CIO of $2B Unit – Yahoo Finance
RBC countersues former CFO Ahn, claims breach of code of conduct – Yahoo Canada Finance
By Nivedita Bal TORONTO (Reuters) – Royal Bank of Canada filed a counterclaim on Friday against its ousted chief financial officer Nadine Ang, detailing the findings of an internal investigation into her close relationship with a subordinate and alleging she violated the bank’s code of conduct. Ahn filed a lawsuit last week against RBC for […]
2 Energy Stocks to Buy With $116 and Hold Forever – Yahoo Finance
Energy is the foundation of not only the economy but modern life, so it’s a great sector to look for long-term investment ideas – stocks that you can buy at a reasonable price and hold indefinitely. But some energy companies, like those that drill for oil and gas, can be volatile because they are affected […]
Stocks head for best week of 2024 as wild summer ride continues – Yahoo Finance
Naomi Robnick LONDON (Reuters) – Global stocks rebounded from a sell-off last week to reach their highest level since November 2023 as stronger U.S. economic data eased recession fears and investors braced for more volatile developments ahead. MSCI’s main global stock index rose almost 4 percent in five trading days, recovering strongly from market turmoil […]
Japanese flows and yen show markets recovering from BOJ scare – Yahoo Finance
Gaurav Dogra and Brigid Riley (Reuters) – Japanese investment data on Friday confirmed what the yen’s slide all week had been suggesting: that after a frightening burst of uncertainty, global investors were again betting the Bank of Japan would slow the pace of interest rate hikes and keep the yen weak. Japanese investors poured more […]
Asian Stocks Head for Best Week in Over a Year: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stocks rose as traders reinvested into riskier assets on rising hopes that the U.S. economy can avoid recession, while U.S. Treasuries extended losses and the yen is on track for its worst week since May. Most read articles on Bloomberg Nearly every major stock index rose in Asia, sending the region’s stock […]
Rep. Andy Ogles says FBI seized his cell phone amid campaign finance investigation
U.S. Rep. Andy Ogles (R-Tenn.) recently confirmed that the FBI executed a search warrant at his Maury County home as part of an ongoing investigation into Ogles’ campaign finances. The search was conducted earlier this month after Ogles, who was endorsed by former President Donald Trump, defeated Republican challenger Courtney Johnston in the primary for […]
Equities Rally as Economic Data Boost Sentiment: Markets Wrap – Yahoo Finance
(Bloomberg) — Japanese and Chinese stocks followed Wall Street’s gains as investors cheered a string of upbeat economic data from the world’s three largest economies. Most read articles on Bloomberg Japan’s Topix index and China’s CSI 300 index rose along with European and U.S. stock futures, with U.S. stocks extending Wednesday’s gains. The moves signaled […]