Would Eliminating The Gas Tax Slash Prices At The Pump?
Everyone is still paying more than they’d like at the pump. Even after falling from a record high of over ...
Tag: personal finance
Here’s Why More Fed Officials Are Warning That The Market Is Getting Ahead Of Itself
ToplineAn increasing number of Federal Reserve officials are pushing back against the latest market rally, dismissing recent optimism about an ...
U.S. And Chinese Stocks Plunge As Tensions Escalate Before Pelosi’s Visit To Taiwan
ToplineGlobal stocks tanked ahead of House Speaker Nancy Pelosi’s planned visit to the democratically governed island of Taiwan on Tuesday, ...
Electric Vehicle Tax Credits Likely To Get New Life And A Manchin Makeover
In a major win for automakers and future electric vehicle buyers, tax credits for the purchase of EVs are likely ...
Stocks Fall After Market’s Best Month Since 2020, Oil Prices Plunge 5%
ToplineThe stock market fell on Monday despite recently posting its best month since 2020, as investors continue to worry about ...
Dow Jumps 300 Points Despite U.S. GDP Shrinking For A Second Quarter In A Row—But Experts Say No Recession Yet
ToplineThe stock market moved higher on Thursday despite U.S. economic growth contracting for the second quarter in a row, a ...
Dow Jumps 400 Points After Fed Hikes Rates By 75 Basis Points
ToplineThe stock market jumped on Wednesday after the Federal Reserve raised interest rates by 75 basis points for the second ...
Stocks Rally Ahead Of Fed Decision, Microsoft And Alphabet Rise After Earnings
ToplineThe stock market moved slightly higher on Wednesday morning thanks to a boost from Big Tech stocks like Microsoft and ...
IMF Warns Of ‘Gloomy Outlook’ For Global Economy, Slashing Growth Estimates
ToplineThe International Monetary Fund warned on Tuesday of a slowdown in global economic growth as the world economy continues to ...
Cruise Stocks Sink After Carnival Announces $1 Billion Share Sale
ToplineShares of major cruise lines widely tanked on Thursday after Carnival announced a $1 billion stock sale—its second capital raise ...
Tesla Shares Rally Despite Slowdown In Profits, Impact From China Shutdown
ToplineShares of Tesla jumped late on Wednesday after the company reported second-quarter results that largely beat Wall Street expectations, despite ...
Dow Jumps 700 Points, Analysts ‘Cautiously Optimistic’ After More Solid Earnings
ToplineThe stock market surged Tuesday, recouping losses from the previous session, as investors cheered another round of solid quarterly earnings ...
Dow Jumps 300 Points After Solid Earnings From Goldman, Bank Of America
ToplineThe stock market rallied on Monday to kick off a big week of earnings as the latest quarterly results from ...
Dow Jumps Over 600 Points After Strong Retail Sales, Mixed Bank Earnings
ToplineStocks surged higher on Friday—recouping some of their losses from this week—as investors assessed the latest batch of corporate earnings ...
Dow Jumps 400 Points After Strong Retail Sales, Mixed Bank Earnings
ToplineStocks opened higher on Friday—attempting to recoup some of their losses from this week—as investors assessed the latest batch of ...
Senators Tangle With Oil Experts In Hearing On Containing Energy Costs
‘Is your industry really that afraid of Joe Biden?’ Though gasoline prices are down 40 cents a gallon in recent ...
Dow Plunges 600 Points After ‘Underwhelming’ JPMorgan, Morgan Stanley Earnings As Investors Fear Even Bigger Rate Hikes
ToplineThe stock market plunged on Thursday as several big banks kicked off earrings season with disappointing results and warnings about ...
Dow Falls 300 Points After ‘Ugly’ Inflation Report Adds To Recession Fears
ToplineThe stock market tanked on Wednesday after the Labor Department reported inflation unexpectedly surged to new highs in June, adding ...
Wall Street Firms Slash S&P 500 Price Targets As ‘Concerned’ Analysts Warn Of Earnings Slowdown
ToplineA handful of Wall Street’s biggest firms are slashing their S&P 500 forecasts for the year, predicting lower stock market ...
Is Warren Buffett’s Favorite Stock Overbought? Occidental Petroleum Gets Downgrade From Analysts
ToplineShares of Occidental Petroleum, a favorite of billionaire investor Warren Buffett, fell 2% on Monday after Goldman Sachs analysts downgraded ...
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