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Dow could have ‘easily’ been down 1,000 points on Fed hike

December 20, 2018 admin 0

CNBC’s Jim Cramer was surprised stocks didn’t plunge even further on the Federal Reserve’s Wednesday decision to hike interest rates by a quarter-point. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq all […]

Finance News

Fed ‘hit the bulls-eye’ with statement: Ex-Wells CEO Dick Kovacevich

December 20, 2018 admin 0

The Federal Reserve’s decision to raise its interest rate once more this year and lower its projection for next year “hit the bulls-eye,” former Wells Fargo CEO Dick Kovacevich told CNBC on Wednesday. In a […]

Economy

Homebuilder sentiment drops to lowest point in more than 3 years

December 20, 2018 admin 0

Homebuilder sentiment dropped in December to its lowest point in more than three years while potential buyers hesitate to purchase new homes even as mortgage rates have pulled back in the past month. According to […]

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  • Columbia Sportswear and Hanesbrands are under the radar retail stocks to buy
  • Here are the winners and losers from the first quarter of 2019
  • 5 places to retire where you can feel rich, yet live on a budget
  • Fed’s Quarles says rate hikes could be ahead ‘at some point’
  • Farm Belt faces an expensive cleanup after already-costly record flooding
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