The latest interest rate decision by the Federal Reserve

Stocks on the move: Ames-Osram up 5.8%, Hanover Rock up 5.1%. Semiconductor manufacturer Ams-Osram It rose 5.8% to lead the Stoxx 600 on news that Aldo Kamper, formerly of German cable and harness company, Aldo, has been appointed as its new CEO. At the other end of the European benchmark, Hanover Roeck slid further in … Read more

Best mortgage deal today? Twenty-year interest rates fall by more than a quarter of a percentage point | February 1, 2023

Our goal here at Credible Operations, Inc. , NMLS Number 1681276, and referred to as “Credibility” below, is to provide you with the tools and confidence you need to improve your financial standing. Although we promote products from our partner lenders who compensate us for our services, all opinions are our own. Check out the … Read more

The latest interest rate decision by the Federal Reserve

BBVA chair discusses record company earnings Spanish bank BBVA posted record profits for 2022, which attributed the rise to a jump in lending income and strong performance in Mexico. Net profit for the full year was 6.42 billion euros ($6.98 billion), beating analysts’ expectations. President Carlos Torres Villa told CNBC that he now expects less … Read more

Why is the case growing for the Fed to cut the interest rate before the end of the year

The Fed’s interest rate policy path is very clear for the next few months of Federal Reserve Board meetings. It will go up 25 basis points, or a quarter-point increase, on Wednesday, another one likely at the next meeting, but after that, the spat between the market and the Fed begins. That’s according to CNBC’s … Read more

Fulgent Genetics, Inc. (NASDAQ:FLGT) is seeing a significant increase in short-term interest

Fulgent Genetics, Inc. (NASDAQ: FLGT – Get Rating) A significant increase in short interest during the month of January. As of January 15, there was short interest totaling 1,170,000 shares, an increase of 14.7% from the December 31 total of 1,020,000 shares. Based on average daily trading volume, of 274,400 shares, the short interest rate … Read more

Former Fed Chairman Robert Heller on why we need to stop raising interest rates now

font size The money supply is declining in absolute terms. Additional tightening by the US Federal Reserve risks triggering a recession, writes Robert Heller. El Drago/Bloomberg About the author: Robert Heller He is a former member of the Board of Governors of the Federal Reserve System. Inflation is the most important issue facing the economy … Read more

The Covid wave in China increases consumer interest in health insurance

Chuiyangliu Hospital, pictured in January 2023 in Beijing, has in the past few years finished renovations that have allowed daily patents to increase sixfold to 5,000 per day, according to official estimates. Yin Hun Chau | CNBC BEIJING — Health, sports and wellness top the shopping list for anyone in their late 20s or older … Read more

The Fed says it will not cut interest rates in 2023. Markets disagree. Who is right?

font size Marriner S. Eccles Federal Reserve Building in Washington, D.C. Kevin Deitch/Getty Images About the author: Christopher Smart Chief Global Strategist and President of the Barings Institute of Investment, and a former senior official for economic policy at the US Treasury Department and the White House. The US Federal Reserve could not be clearer. … Read more

Are flip phones making a comeback? Old technology piques Gen Z’s interest.

What happened around us comes to us. Popular in the late 1990s and early 2000s, clamshell “folding phones” were fashionable for their compact design – a fraction of the size of bulky “brick” phones a few years earlier – and for offering a satisfying closure when you hung up. But foldable phones weren’t ideal for … Read more

the whistleblower’s conflict of interest; cutting off maternity services; The newest tobacco tactic

Welcome to the latest edition of Investigative Report, which highlights some of the best investigative reporting on healthcare every week. Journal renews whistleblower policy after Alzheimer’s debacle Whistleblowers who raise concerns about the integrity of journal publications will be required to disclose potential conflicts of interest when making claims, according to nature. Last year, four … Read more