The Fed announced a 50-bps rate hike this week, stepping down from its 75-bps raises for four consecutive times. With cooling inflation and reduced interest rate hikes, the economy might succeed in avoiding a recession. However, as the market conditions are expected to remain uncertain with the Fed intending to continue hiking interest rates, investors […]
Following the release of lower-than-expected CPI data for November, the Fed raised the interest rate by 0.5%, as expected. However, the central bank indicated it would keep raising rates next year. Since the rising rates could slow the economy and keep the market volatile, avoiding fundamentally weak stocks Boeing (BA), ChargePoint (CHPT), ContextLogic (WISH), and
Opinions expressed by Entrepreneur contributors are their own. The clamor for a shorter workweek is probably something you’ve read about in countless articles by now. There’s even a running list of companies provided by Newsweek that have incorporated this as part of their work model. “With staff wellbeing at the forefront of our minds, we
MarketBeat.com – MarketBeat Enterprise Products Partners (NYSE: EPD) has recently been on a wild ride. It has gone thru some stunning peaks and troughs and ended up 7.82% year to date. As a result, investors might wonder if its current stock price represents a good entry for buying shares. So let’s examine the bull and
MarketBeat.com – MarketBeat Latin American e-commerce specialist MercadoLibre Inc. (NASDAQ: MELI) has only trended lower in 2022, and a new partnership could boost the stock. Earlier this month, the chief financial officer of the Argentina-based company told Reuters that MercadoLibre would begin processing business payments for WhatsApp users. WhatsApp, owned by Meta Platforms Inc. (NASDAQ: META), offers free
MarketBeat.com – MarketBeat U.S. mid-cap stocks are on pace to outperform their large-cap peers for the second straight year. The S&P 400 is down 13% year-to-date, a roughly 400 basis points edge over the S&P 500. Mid-cap land has long been regarded as the ‘sweet spot’ for equity investors. Companies are fairly well-established in their
Opinions expressed by Entrepreneur contributors are their own. According to a recent securities filing, Elon Musk sold 22 million Tesla shares worth $3.58 billion this week. This is his second sale since he bought Twitter for $44 billion in October. NurPhoto | Getty Images Musk — who just lost his richest person in the world
Opinions expressed by Entrepreneur contributors are their own. The SEC has filed charges against eight influencers for their involvement in a securities fraud scheme worth $100 million. According to the Securities and Exchange Commission, the men used social media platforms such as Discord and Twitter for stock manipulation. Anadolu Agency | Getty Images The SEC
Opinions expressed by Entrepreneur contributors are their own. The SEC has filed charges against eight influencers for their involvement in a securities fraud scheme worth $100 million. According to the Securities and Exchange Commission, the men used social media platforms such as Discord and Twitter for stock manipulation. Anadolu Agency | Getty Images The SEC
A Florida pastor and his son are accused of doing some very unholy things. Earlier this morning, Pastor Evan Edwards and his son Josh, 30, were arrested for bilking taxpayers of $8 million in a COVID-19 relief scam. Police made the arrest at the Edwards’s home in New Smyrna Beach. The elder Evans was seen