Stocks Rally as Federal Reserve Maintains Higher Interest Rates
Stocks saw a rally on Thursday, recovering from earlier losses in the week as the Federal Reserve opted to suspend any potential interest rate cuts,
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US Gaming Giant Roblox Takes Careful Steps into China
Roblox, the prominent US based online gaming company, has undertaken a measured approach in its pursuit of the China market. In 2019, the company unveiled
EEOC Files Harassment Lawsuit Against Tesla
The U.S. Equal Employment Opportunity Commission (EEOC) has launched legal a lawsuit against electric car manufacturer Tesla Inc., accusing the company of permitting egregious harassment
Mortgage Rates Surge: Highest in 23 Years
Mortgage rates have surged to a 23-year high this week, with the average 30-year fixed mortgage climbing to 7.31% from 7.19% the previous week, according
Costco Gold Bars in High Demand, Selling Out Within Hours
When one thinks of Costco, images of bulk toilet paper and oversized televisions likely come to mind. However, Costco has been quietly making waves in
Money Traders’ Tactics Impact Wall Street Dynamics
The ongoing two-month selloff in US stocks is poised to intensify further as a combination of factors, including the stance of options dealers on Wall
JetBlue Airways Faces Q3 Revenue Challenges
On Thursday, JetBlue Airways, a major US carrier, issued a cautionary statement regarding its third-quarter (Q3) revenue, indicating that it was likely to land at
Kraken Dives into Listed Stocks and ETFs Trading
In a strategic move to diversify its portfolio, cryptocurrency exchange giant Kraken is set to venture into the realm of traditional finance by offering trading
Spending Slowdown: BofA Credit Cards Show Impact
Bank of America (BofA) recently released new data indicating a 0.3% decrease in spending on its credit cards for the week ending September 23, compared
EIA Forecasts 1% Drop in Electricity Prices
In a recent revelation, the Energy Information Administration (EIA) has forecasted a noteworthy 1% drop in US residential electricity prices for the upcoming year. This
