March Fed interest rate decision due today after SVB collapse: Follow for live updates

Will the Federal Reserve continue to hike interest rates as the banking industry walks on eggshells after the implosion of Silicon Valley Bank and Signature Bank earlier this month? The anticipation is…

Tesla deliveries fall due to China Covid shutdowns and supply shortages

Parts shortages and pandemic-related production shutdowns at Tesla’s plant in Shanghai caused a big drop in the electric car maker’s latest global vehicle deliveries, according to figures released on Saturday.…

Homeowners delay big purchases, improvement projects due to inflation

For homeowners, big projects and purchases may be another casualty of rampant inflation, new research suggests. Overall, 60% of homeowners in a recent survey are less comfortable making large purchases…

Millennial millionaires are delaying home, car purchases due to inflation

Millennial millionaires are temporarily shelving major purchases as interest rates and inflation rise, according to CNBC’s Millionaire Survey. Nearly half of millennial millionaires say higher borrowing costs are causing them…

Bath & Body Works shares tumble as retailer cuts profit outlook due

Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Bath & Body…

Schwab Q2 Trader Sentiment Survey: More Than Half of Traders Say the Market is Due for a Significant Correction in the Second Quarter

A third of traders don’t expect inflation to ease until 2024 at the earliest WESTLAKE, Texas–(BUSINESS WIRE)– The latest Charles Schwab Trader Sentiment Survey reveals that more than half (53%)…

Ray Dalio just said your cash savings, bonds are ‘stupid to own’ due to low interest rates — so use these 3 alternative places to stash your money

Ray Dalio just said your cash savings, bonds are ‘stupid to own’ due to low interest rates — so use these 3 alternative places to stash your money Some say…

Lordstown Motors delays EV pickup production due to supplier issues

The Lordstown Motors Corp. Stamina electric pickup truck sits on phase in the course of an unveiling party in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher |…

Sales of existing homes rose in September, likely due to a brief decline in mortgage rates

A home, available for sale, is shown on August 12, 2021 in Houston, Texas. Brandon Bell | Getty Images Sales of previously owned homes increased 7% to a seasonally adjusted…

Grocery store shelves bare? These products may be hard to find due to supply chain issues

Are not able to obtain what you want at the shop all over again? You might be not by yourself. As the world reaches the two-calendar year mark of the…