Stock Market Today: Stocks Wobble Ahead of Fed’s Next Rate Decision
Another hot reading of inflation kept the bulls pinned to the ground Tuesday. All eyes now are on tomorrow’s conclusion of the Federal Reserve’s latest policy meeting, where America’s central bank is expected to raise its benchmark interest rate once more. The Bureau of Labor Statistics reported this morning that U.S. producer prices rocketed 10.8% […]
Walker & Dunlop Arranges $162.4 Million in Financing from Northwind Group for SHVO’s Mandarin Oriental Residences, Fifth Avenue
BETHESDA, Md., June 14, 2022 /PRNewswire/ — Walker & Dunlop, Inc.[1] announced today that it arranged $162,400,000 in construction financing for MandarinOriental Residences, Fifth Avenue, NewYork City’s first turn-key branded residences available for sale. Located directly on Fifth Avenue at the intersection of East 54th Street in the heart of Manhattan’s Plaza District, the property […]
Dow falls 151 points as investors anticipate Fed interest rate hike
1/5 The Dow Jones Industrial Average dropped 151 points on Tuesday as investors looked ahead to the conclusion of the Federal Reserve’s policy meeting Wednesday. File Photo by John Angelillo/UPI | License Photo[1] June 14 (UPI) — U.S. markets declined Tuesday as investors anticipate a larger-than-average rate hike from the Federal Reserve[2]. The Dow Jones […]
OneMain Stock: Enticing 9.5% Dividend (NYSE:OMF)
skodonnell/iStock via Getty Images Investment Thesis OneMain Holdings (NYSE:OMF[1]) is the largest non-prime installment lender in the U.S. They offer financial products (credit cards, credit insurances, personal loans) to customers with limited access to traditional credit, through a leading digital footprint and national branch network rooted in local communities. OneMain has been growing at a […]
Weiss Asset Management settles with SEC for $6.9 million
Weiss Asset Management, a Boston-based hedge fund manager, has agreed to pay approximately $6.9 million to settle SEC charges that it violated the federal securities laws when it unlawfully purchased stock in seven public offerings after selling short those same stocks. The Securities and Exchange Commission[1] charged that between December 2020 and February 2021, Weiss […]
Rising Fears About Inflation and Growth Drive Markets Into Bear Territor
Three weeks ago, Wall Street narrowly escaped a bear market, with stocks rebounding at the last minute from a brutal drop that had brought the S&P 500 down 20% from a record high in January. The next few weeks offered a glimmer of hope that the worst of the losses might be over. That glimmer […]
People Are Sharing The Annoying Rules Their Work Made Because One Person Blew It, And Some Of Them Are Shocking
Have you ever seen a rule somewhere that was so oddly specific it made you wonder what the story behind it could be? NBC / Via giphy.com[1] Sometimes you see these kinds of rules put in place at work or school because rather than deal with the individual who is acting out, leadership decides to […]
Rising Fears About Inflation and Growth Drive Markets Into Bear Territor
Three weeks ago, Wall Street narrowly escaped a bear market, with stocks rebounding at the last minute from a brutal drop that had brought the S&P 500 down 20% from a record high in January. The next few weeks offered a glimmer of hope that the worst of the losses might be over. That glimmer […]
Rising Fears About Inflation and Growth Drive Markets Into Bear Territor
Three weeks ago, Wall Street narrowly escaped a bear market, with stocks rebounding at the last minute from a brutal drop that had brought the S&P 500 down 20% from a record high in January. The next few weeks offered a glimmer of hope that the worst of the losses might be over. That glimmer […]
Stocks dip deeper into bear market ahead of big Fed news – News-Herald
By STAN CHOE and DAMIAN J. TROISE NEW YORK Most stocks on Wall Street dipped Tuesday in their first trading after tumbling into a bear market on worries that high inflation will push central banks to clamp the brakes too hard on the economy. The S&P 500 fell 14.15, or 0.4%, to 3,735.48 as investors […]