Consumer staples still suffer, but the damage is less severe than in other areas. That sector loses 1.6 percent on average. Health care is the second-best performer of the group, losing only 5.2 percent on […]
Andrew Harrer | Bloomberg | Getty Images Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S., on Wednesday, Dec. […]
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 […]
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