Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates. Speaking at the Economic...
Author: admin
Goldman Sachs tops estimates on better-than-expected fixed income trading
Goldman Sachs said Monday that it topped profit and revenue estimates on better-than-expected fixed income results and smaller-than-expected loan loss provisions. Here’s what the company reported:...
This strategy can offer double-digit yields — at a cost
With tantalizing yields that can reach 10% or more, covered-call exchange-traded funds have become a popular investment. The products essentially invest in stocks and then sell...
Here’s the deflation breakdown for June 2024 — in one chart
97 / Getty Inflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for consumers. Deflation measures...