News: Banks and Finance
In this dedicated space, one can explore a wealth of knowledge encapsulating the domain of Banking and Finance. Designed to cater to the curiosity of those captivated by the banking industry and finance fans alike, it delves into various subjects from the workings of central and commercial banks to the innovative realm of fintech startups. Additionally, it sheds light on macroeconomic aspects such as inflation and financial crises, providing a comprehensive perspective on financial trends and developments.
Fed’s Powell Puts Half-Point Rate Hike on the Table for May
Powell, speaking as part of a panel of senior economic regulators for a debate on the global economy, said a half-point interest-rate rise "will be on the table" during the May policy meeting, noting that many central bank officials believed such a move was appropriate during the March meeting.
Read More
Selling Your Stocks in May and Go Away Could Be the Best Strategy This Year
They might, however, be correct. While the Fed tightens, investors could take advantage of the seasonality and be spectators to the drama this summer. The market will almost certainly fall in the first four months of the year.
Read More
Goldman Sachs, Morgan Stanley To Lead Intel’s Mobileye IPO — Sources
The share market offering, which is scheduled to begin later in 2022, may value Mobileye at up to $50 billion, according to the insiders, who cautioned that the timeframe, pricing, and scale of the IPO are dependent on market dynamics.
Read More
Want to Beat Inflation? These 7 Funds Have 8% Returns
For this approach, we sought closed-end funds that now pay out more than 8% and have returned more than 8% over the last five years. That should be in line with the CPI, which was up 8.5 percent from a year earlier in March, a level that many analysts believe marks the peak pace of price increases.
Read More
Expert Opinion: Inflation Picks Up Steam, Intensifying Pressure on Fed to Raise Rates Aggressively
Inflation is outperforming wage growth for the majority of employees, and it has spread beyond the products and into the services sectors, fueling concerns about a broader economic downturn this year and indicating that higher prices are becoming entrenched in the economy.
Read More
The Key to Surviving Inflation is ‘Pricing Power.’ These Companies Have It in Spades
Finally, businesses may increase their profit margins by being more efficient and productive, or by taking advantage of economies of scale. This reduces the cost of items sold per unit produced while increasing profits without boosting pricing.
Read More
Chinese Regulators Are Now Scrutinizing Live-Streaming. These Stocks Are Falling.
The report sent some stocks in the industry plummeting. Huya's US-listed shares fell 6.5% in premarket trade Wednesday, with DouYu falling 5.5% and Joyy down almost 4%. Kuaishou Technology fell 6.2% in Hong Kong trade.
Read More
Insider News: Amazon’s CEO Andy Jassy Shares A Bold Vision For The Company’s Healthcare Business.
Jassy emphasized the potential advantages of Amazon Care, which links patients with specialists by text and video — and, in certain regions, distributes medications and sends a nurse to people's homes for checkups and tests.
Read More
Expert Opinion: We’re in a Global Energy Crisis, Officials Warn. Nations Should Focus on These Key Ways to Address It.
According to the International Energy Agency, the world is in an energy crisis, and governments must move more aggressively to address it. This may entail figuring out how to cut down on how much individuals drive and how often they go to work.
Read More
Insider News: Goldman Sachs’ Top Equity And Credit Strategists Lay Out Their Approaches To Investing
The Russian invasion of Ukraine is the latest aspect contributing to 2022 being a more challenging year for markets than many analysts predicted. Commodity prices are soaring as supply networks are once again knocked off course, and inflation is at its highest level in 40 years.
Read More
American Express Is Banking On Younger Customers As It Targets Annual Revenue Growth Of More Than 10%
American Express Co. executives expressed confidence in the company's capabilities to increase yearly revenue by more than 10% in the long term, as they stated during a Wednesday investor-day conference.
Read More
Morning Brief: From Sugar Rush to JPMorgan Russian Bond Payments
Annual inflation in Russia hit its highest level since late 2015 on March 11, and sugar prices increased 12.8 percent in the past week, according to figures released Wednesday by the statistics service Rosstat.The authorities have stated that there is no reason to rush to purchase food goods.
Discover
Insider News: A Former Federal Reserve Insider Predicts How The Bank Will Behave In The Months Ahead
The bank is anticipated to begin lowering its balance sheet later this year, but any changes might come during this week's conference. Economists and investors anticipate a 25 basis point increase in the federal funds rate. Powell has recently stated his desire to do so.
Read More