Tag: Economy

When it comes to your money, the chair of the Federal Reserve has more power than you might think. Credit cards? Check.Student loans? Check.Auto loans? Check. Then there’s the impact on mortgage rates, your stock portfolio, and regulation of the nation’s banking industry.  Add the U.S…

Bank of America Global Research upped its rating on Regeneron Pharmaceuticals and its price target to $860 because it has a better view on Eylea HD, Dupixent is growing steadily, and there are several catalysts for 2026. Bank of America Global Research raised its rating on Regeneron …

Central bank debates are set to shape first half of 2026, Morgan Stanley says

Dell (DELL) stock has lost about 7% over the past five days, at the time of writing, Friday afternoon, Jan. 9. Meanwhile, SPY is up almost 1% in the same period. A weak start to the year for Dell, being behind the S&P 500, was caused by a weak CES presentation…

Federal Reserve officials entered the new year divided over how much to lower interest rates after cutting them during their last three meetings of 2025. A growing number, mainly the presidents of the regional Federal Reserve banks, have come out in favor of holding rates steady…

US Treasury’s Bessent says Rieder not yet interviewed for top Fed job, decision likely this month

America’s distilleries have faced a perfect storm of economic and market headwinds that has pushed many out of business in recent years. First, many Americans are drinking less, especially younger ones. “Young adults in the U.S. have become progressively less likely to use alcohol over the past two …

Before Peet’s and Starbucks began massive expansions in the 1990s, diner-style restaurants such as Denny’s, IHOP, and Sambo’s were the go-to coffee shops for many consumers. Even this reporter conducted newspaper interviews at “coffee shops” before Peet’s and Starbucks were nationally popular. I …

Argentina Treasury sells dollars to limit peso decline on first day of new rules

Homebuyers have received some good news to start the new year, as mortgage rates have fallen from about 7.04% on Jan. 16, 2025, to about 6.15% on Jan. 2, 2026, according to Freddie Mac. House hunters might give it a little more time to see if the rate drops further before pulling the trigger on…