The Federal Reserve has left the door open for two more interest rate hikes this year, but most of the pain could be over for the housing market. The 10-year Treasury yield, with which mortgage rates often move, was little-changed after the Fed’s decision on June 14 to hold off…

While it may halt the rise of many credit-card rates for now, the rates for some cards might still rise as some issuers pass on the previous Fed rate hikes, credit-card industry watchers say. “The high credit-card interest rates consumers are currently seeing are going nowhere anytime soon,” said Michele…

Sen. Bernie Sanders on Tuesday launched an investigation into working conditions at Amazon.com Inc.’s warehouses, accusing the company of “corporate greed” and asking current and former workers, medical staff and others to help with the investigation by sharing their experiences. The Vermont senator, who is chair of the Senate Health,…

© Reuters. Mannequins are seen at a Walmart’s newly remodeled store, in Teterboro, New Jersey, U.S., June 7, 2023. REUTERS/Siddharth Cavale By Siddharth Cavale (Reuters) – Price-conscious shoppers flock to Walmart (NYSE:) Supercenters to pick up $1 potato chips and $3 gallons of milk, but the world’s biggest retailer will…

By Arathy Somasekhar HOUSTON(Reuters) – Oil prices fell 1.5% on Wednesday after the U.S. Federal Reserve projected more interest rate hikes this year, worrying markets about demand just hours after government data showed an unexpected, large build in oil stocks. futures settled $1.09, or 1.5%, lower at $73.20 a barrel,…

Investing.com – The U.S. dollar traded largely unchanged Monday in the early European session, near multi-week lows as traders seem reluctant to take news positions at the start of a week that includes a policy-setting meeting by the Federal Reserve. At 02:55 ET (06:55 GMT), the , which tracks the…

By Antonio Bronic ZADAR, Croatia (Reuters) – Croatian tourism officials are anticipating a record year for the sector after the country joined Europe’s free-movement Schengen zone in January, which has boosted the number of visitors to its picturesque Adriatic coast. Tourism accounts for 20% of Croatia’s economy and following a…

OBSERVATIONS FROM THE FINTECH SNARK TANK They say that the only things certain in life are death and taxes. They need to add management fads to the list. Like other management trends (i.e., fads) before it—like reengineering, knowledge management, and Big Data, to name a few—innovation is the management fad…

According to NextEarningsDate.com, the Nike next earnings date is projected to be 6/29 after the close, with earnings estimates of $0.66/share on $12.61 Billion of revenue. Looking back, the recent Nike earnings history looks like this: The company has an impressive long-term earnings per share chart: And with equally impressive…

The luxury goods industry has had a good year. As of June 12, 2023, the STOXX Europe Luxury 10 Index has risen by 22.81%, after reaching an all-time high in April. This surge comes as China’s economy begins to recover, reopening after three long years of lockdowns due to the…