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Business

Wharton’s Jeremy Siegel on Fed rate hike ahead of Jackson Hole

Wharton business school professor Jeremy Siegel said Friday that the U.S. Federal Reserve does not need to hike more than 100 basis points...
Business

Risk of ‘financial accident’ presents opportunity for investors

The growing risk of a "major financial accident" that causes a market capitulation later in the year could open up opportunities for investors...
Business

Fed expected to stick with hawkish interest rate hikes, strategists say

The Federal Reserve is unlikely to pivot from its hawkish interest rate hikes despite positive signs this week that inflation in the U.S....
Business

Fed’s Mester backs 75 basis point hike in July if conditions remain the same

Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health of the U.S. economy in New York...
Business

JPMorgan says Chinese assets are a good diversifier right now

Sign for J.P. Morgan on 7th March 2020 in London, United Kingdom. JPMorgan Chase & Co. is an American multinational investment bank and...
Business

Investing: Dollar-yen could fall to 135 in ‘near future’: Wells Fargo

This photo illustration shows Japanese 10,000 yen banknotes in Tokyo on November 19, 2021. The Japanese currency has weakened sharply against the dollar...
Business

In an unexpected move, China holds back on cutting key rate

The metropolis of Shanghai, where many foreign businesses are located, entered a two-part lockdown this week as municipal authorities sought to control an...
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