U.S. stocks closed higher Tuesday, even as Wall Street processed hawkish rate talk from Federal Reserve officials and remarks on inflation from Chair Jerome Powell at an event hosted by Sweden’s central bank. The S&P 500 (^GSPC) rose 0.7%, and the Dow Jones Industrial Average (^DJI) added nearly 200 points, […]

Tesla stock is starting 2023 on the wrong foot after the automaker reported a delivery miss for the fourth quarter. Tesla delivered 405,278 vehicles globally for the quarter, missing analyst expectations of 420,760 as compiled by Bloomberg. For the quarter, Tesla produced 439,701 vehicles, a number that exceeded deliveries by […]

U.S. Senate Majority Leader Chuck Schumer (D-NY), holds a news conference to discuss the expanded Democratic majority in the Senate for the next Congress, on Capitol Hill in Washington, December 7, 2022.  Evelyn Hockstein | Reuters WASHINGTON — The Senate approved a $1.7 trillion government funding bill on Thursday, sending […]

The crypto market has been battered this year, with more than $2 trillion wiped off its value since its peak in Nov. 2021. Cryptocurrencies have been under pressure after the collapse of major exchange FTX. Jonathan Raa | Nurphoto | Getty Images 2022 marked the start of a new “crypto […]

U.S. stocks extended this week’s downtrend Wednesday to close a choppy session with losses as the prospect of sustained higher rates and slowing growth continued to plague investor sentiment. The S&P 500 (^GSPC) slumped 0.2%, ending a fifth straight day lower, while the Dow Jones Industrial Average (^DJI) capped trading […]

  According to data, the average amount of home equity held by American homeowners will reach a record high of $9.9 million by the end of 2021. Because of all this equity, many people are considering taking out a loan against it to use for anything they need. We will discuss […]