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@creative Eagle_4391：glad I sold it days ago![]()
GameStop Fires CEO, Elects Ryan Cohen as Executive Chairman; Stock Plunges
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Yellen Says US Prepared for Additional Deposit Actions If Needed
Treasury Secretary Janet Yellen told US lawmakers that regulators would be prepared for further steps to protect the banking system if warranted, a day after her remarks on nationwide deposit insurance rattled markets.
Banks Are Still Drawing on the Fed for $164 Billion of Emergency Cash
Banks reduced their borrowings only slightly from two Fe...
Yellen Says US Prepared for Additional Deposit Actions If Needed
Treasury Secretary Janet Yellen told US lawmakers that regulators would be prepared for further steps to protect the banking system if warranted, a day after her remarks on nationwide deposit insurance rattled markets.
Banks Are Still Drawing on the Fed for $164 Billion of Emergency Cash
Banks reduced their borrowings only slightly from two Fe...
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FHLB Issues $304 Billion in a Week as Banks Boost Liquidity
The Federal Home Loan Bank System issued $304 billion in debt last week, according to a person familiar with the matter. That's almost double the $165 billion that liquidity-hungry lenders tapped from the Fed.
The FHLBs are a Depression-era backstop originally created to boost mortgage lending. The system is known as the "lender of next-to-last resort"...
FHLB Issues $304 Billion in a Week as Banks Boost Liquidity
The Federal Home Loan Bank System issued $304 billion in debt last week, according to a person familiar with the matter. That's almost double the $165 billion that liquidity-hungry lenders tapped from the Fed.
The FHLBs are a Depression-era backstop originally created to boost mortgage lending. The system is known as the "lender of next-to-last resort"...
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$Tesla (TSLA.US)$ Chief Executive Elon Musk on Wednesday said he expected the company would miss its vehicle delivery targets this year, but downplayed concerns about softening demand after the company's revenue missed Wall Street estimates. Shares fell 6% in after-market trading.
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Fed's Bullard Sees 2023 Shift With End of Front-Loading Hikes
Federal Reserve Bank of St. Louis President James Bullard said he expects the central bank to end its "front-loading" of aggressive interest-rate hikes by early next year and shift to keeping policy sufficiently restrictive with small adjustments as inflation cools.
Fed Says Economy Grew Modestly But Recession Worry Dims Outlo...
Fed's Bullard Sees 2023 Shift With End of Front-Loading Hikes
Federal Reserve Bank of St. Louis President James Bullard said he expects the central bank to end its "front-loading" of aggressive interest-rate hikes by early next year and shift to keeping policy sufficiently restrictive with small adjustments as inflation cools.
Fed Says Economy Grew Modestly But Recession Worry Dims Outlo...
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Fed's Third Straight 0.75-Point Interest-Rate Rise Is Anticipated
The Federal Reserve is expected to approve its third consecutive interest-rate increase of 0.75 percentage point on Wednesday, while signaling plans to raise and hold its benchmark rate above 4% in coming months to battle inflation.
"Dr. Doom" Roubini Expects a 'Long, Ugly' Recession and Stocks Sinking 40%
Economist Nouriel Roubini, who cor...
Fed's Third Straight 0.75-Point Interest-Rate Rise Is Anticipated
The Federal Reserve is expected to approve its third consecutive interest-rate increase of 0.75 percentage point on Wednesday, while signaling plans to raise and hold its benchmark rate above 4% in coming months to battle inflation.
"Dr. Doom" Roubini Expects a 'Long, Ugly' Recession and Stocks Sinking 40%
Economist Nouriel Roubini, who cor...
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U.S. Home Prices Hit Record of $416,000 in June as Sales Continued to Slide
The U.S. housing market is rapidly cooling as record prices and rising mortgage rates weigh on home sales, locking out potential buyers. The median sales price of an existing home climbed to $416,000 in June, the National Association of Realtors said Wednesday, up 13.4% on the year and the highest since records began in 1999.
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U.S. Home Prices Hit Record of $416,000 in June as Sales Continued to Slide
The U.S. housing market is rapidly cooling as record prices and rising mortgage rates weigh on home sales, locking out potential buyers. The median sales price of an existing home climbed to $416,000 in June, the National Association of Realtors said Wednesday, up 13.4% on the year and the highest since records began in 1999.
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