First thing Wednesday morning, Wall Street's stocks took a dip. Why? Because the latest inflation report came in hotter than expected. This report, from the Bureau of Labor Statistics, showed that prices had jumped 3% in the past year, up from 2. 9% in December. The core Consumer Price Index, which
In January, inflation rates unexpectedly rose, causing a stir in the financial world. The consumer price index, which tracks the cost of goods and services across the U. S. , jumped by 0. 5% for the month. This put the annual inflation rate at 3%, according to the Bureau of Labor Statistics. Experts
Disney's recent earnings report was a mixed bag. It reported a quarterly revenue of 24. 69 billion. The company had 293 million in operating income for its direct-to-consumer business. Disney+ is the streaming service that is part of this business. This is a big deal because it shows that Disney is
Tom Lee, who heads up a research team at a well known firm, recently made some surprising predictions. He reckons the profit taking that was seen last weekend is a smart time to invest more money in the world markets. He gave his thoughts on the recent sell-off in stocks due to the news of new tari
Ever wondered how to get the most out of your sweet cherry trees? Lets talk about grafts, training, and rootstocks. These key factors can make a big difference in how healthy and tasty your cherries turn out. Lets dive in! First, lets talk about rootstocks. Two common ones are called Krymsk 5 a
Imagine this: Bank shares going up because the Federal Reserve, the central bank, just did something unexpected with the yearly economic challenges banks. Banking experts are seeing less obstacles ahead for the banks in 2025. The Fed just updated the future financial crisis's expected, hypo
Salesforce has a fresh face in their top leadership. Robin Washington, a seasoned financial executive, will be joining the software giant. They have to fill two big shoes as Washington will be taking over the roles of President and Chief Financial and Operating Officer. She will be replacin
Ken Griffin's Citadel isn't messing around, not even in a tricky market. In January, the hedge fund’s main strategy fund made a 1. 4%. looks pretty good when you're dealing with all five of its strategies - commodities, equities, fixed income, credit, and quantitative. 56-year-old Citadel'
On the trading day, financial stocks, including BlackRock, felt the heat. And no, as a result of news pertaining to competitors, financial stocks, BlackRock slumped hard. The core reason? Vanguard slashed its prices on a whopping 87 funds across 168 share classes. That is big news. Saving inves
Vanguard, a major player in the investment world, made a big splash recently by slashing fees for almost a hundred of its funds, including some popular exchange-traded funds (ETFs). This move is significant because it affects 168 different share classes, with an average reduction of 20%. The t
