The Federal Reserve is gearing up to raise interest rates after inflation hit a 40-year high, sparking fears in Wall Street about what these steps will mean for the economy.
Bond and stock markets have tumbled this year as inflation continues to surge. The Federal Reserve has already indicated it will need to raise interest rates. The question is: Will that be enough?
Weeks after setting a record high, the price for Bitcoin has fallen dramatically along with other cryptocurrencies over factors ranging from inflation to, yes, Elon Musk.
In recent weeks, short sellers were painted as the enemy, when hedge funds bet against stocks like GameStop. It set off a tug of war between small investors and Wall Street shorts. The hate isn't new.
The short-tem rental company says it's actually seeing an increase in its business because people are less inclined to stay at hotels and are choosing to "work from any home" during the pandemic.
Markets welcomed President Trump's recommendation the transition process begin, which will provide critical resources and information to President-elect Joe Biden's team.