Economic Report: Fed’s Williams backs March rate hike and asset sales ‘later this year’
Read MoreThe president of the New York Federal Reserve said it would be “appropriate” to raise the central bank’s benchmark short-term interest rate in March and begin to reduce its $9 trillion stockpile of bonds “later this year.”
Intel Puts a Price on its Leap of Faith
The chip maker expects to climb out of its investment phase by 2025, but a sharp rise in capital spending will consume free cash flow in the near term.Read More
Frackers Hold Back Production as Oil Nears $100 a Barrel
Prices are the highest since 2014, but top shale companies like Devon and Pioneer are choosing to grow slowly rather than drill more.Read More
Education Will Surface Those Caught in the Riptide of Advancing Digital Payments
There needs to be more financial education around the benefits of digital payments to ensure that the most at-risk groups aren’t left behind; a new report finds. The card issuing platform Marqeta has released new research exposing the need for greater education around the benefits of digital payments, to ensure that at-risk groups aren’t left […]
Mastercard Send Partners Announced as Program Helps Banks and Fintechs With Real Time Payments
Mastercard has announced the first 16 technology partners to join the Mastercard Send Partner Program, a new program for banks, financial technology providers and system integrators to help them deliver more convenient and secure real-time digital payments to their customers. Some of the partners include names like PayPal, Stripe, and Checkout.com. This program allows these […]
Metals Stocks: Gold futures retreat but on track for steepest weekly rise in 9 months
Read MoreGold futures pull back Friday morning, but head for the sharpest weekly gains in nine months, as the crisis in Ukraine unfolds.
Bond Report: U.S. 10-year Treasury yield edges lower as investors watch Ukraine crisis
Read MoreTreasury yields are mixed, with the rate on the 10-year note edging lower as investors continue to monitor tensions around Ukraine while assessing the likely speed and scope of Federal Reserve rate hikes.
Think U.S.-China Tensions are Bad for Business? Try China-India
Tensions between India and China are flaring up. Collateral damage is showing up in surprising places.Read More
Roku, DraftKings, Cognex, Shake Shack: What to Watch in the Stock Market Today
Roku’s outlook disappointed investors; DraftKings is due to report resultsRead More
Market Extra: Presidents Day or Washington’s Birthday? Is the U.S. stock market open? Here are trading hours.
Read MoreU.S. financial markets will be closed on Monday in observance of Presidents Day.
