The major market averages were mixed on Tuesday while yields climbed, as investors keenly await Federal Reserve's chair Jerome Powell's speech.
On Friday, stocks on Wall Street retreated as concerns over inflation and
The stock of Ibotta, a digital marketing platform backed by Walmart Inc., soared 27% in its trading debut on Thursday, after the deal priced at $88, a full $4 above its proposed price range. The company allows consumer packaged goods companies to offer promotions to customers through a network of p
Stocks rose Tuesday as investors looked to regain some positive momentum
Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Get Free Report) saw strong trading volume on Monday . 1,163,042 shares traded hands during mid-day trading, an increase of 119% from the previous session’s volume of 532,048 shares.The stock last traded at $114.34 and had previously closed at $116.17. iShares Core S&P U.S. Growth […]
/PRNewswire/ -- Higher credit costs are expected to serve as a modest headwind to U.S. bank earnings this year, according to S&P Global Market Intelligence's
It's no secret that prices, across the board, have increased significantly in Honolulu over the last couple of years. From increased houselessness to decreased wages, we are experiencing a difficult time.
Inflation reports have become the most widely watched economic indicator since prices first surged three years ago. But Wednesday’s consumer-price index for March has taken on outsize importance because Federal Reserve officials appeared willing to look past firmer-than-anticipated readings for Janu
US stocks fell sharply Wednesday morning after inflation data for March came in higher than expected. The blue-chip Dow was lower by 462 points, or 1.2%. The S&P 500 lost 1% and the Nasdaq Composite fell by 1%. US consumer prices picked up again last month, vaulting to a 3.5% increase for the 12 months ended in March, according to the latest Consumer Price Index data released Wednesday by the Bureau of Labor Statistics. That’s up considerably from February’s 3.2% rate and marks the highest...
The banking landscape is undergoing a digital transformation, as traditional financial institutions (FIs) race to keep pace with evolving consumer preferences and technological advancements. Santander’s recent announcement of plans to launch its digital bank, Openbank, in the United States and Mexico in the second half of 2024 underscores the accelerating pace of this shift. Moreover, this move reflects […]
The two indexes have closed lower for five straight sessions.
The world’s biggest bond market remained under pressure, with traders sifting through a slew of remarks from Federal Reserve speakers on speculation that policymakers will be in no rush to cut rates.