Most Americans agreed that the economy is in or near a financial crisis. Still, many believed that having a plan will help them through it, according to a recent Nationwide survey. Eighty-eight percent of Americans said that having a plan for their investments made them feel more confident that they could…

U.S. consumers’ anxieties over inflation in the short term have declined to the lowest point in two years, but their concerns over obtaining credit have ticked up, according to new data from the Federal Reserve Bank of New York. The New York Fed’s Survey of Consumer Expectations released Monday shows…

With the Federal Reserve expected to pause its rate-hiking campaign at this week’s meeting, regional banks stocks have made a comeback, but that doesn’t mean all the trouble is in the rearview mirror. “This banking situation was certainly, in large part, caused by the Fed and their aggressive rate-hiking policy,”…

AMD said on Tuesday its most-advanced GPU for artificial intelligence, the MI300X, will start shipping to some customers later this year.AMD’s announcement represents the strongest challenge to Nvidia, which currently dominates the market for AI chips with over 80% market share, according to analysts.GPUs are chips used by firms like…

As the dust begins to settle on the Covid-fueled economic tumult of the last few years, one pandemic-era trend appears to be on its way out: The Great Resignation. Almost 50 million people quit their job in the two years following the worst of the pandemic, citing pressures such as…

Watch full video on YouTube

The US Department of the Treasury is looking into privacy behind the potential of a future retail central bank digital currency, a Treasury official said on Tuesday.A retail CBDC has pros and cons, said Graham Steele, assistant secretary for financial institutions at US Treasury, on Tuesday at the Transform Payments…

Watch full video on YouTube

Early in 2021, I concluded that the solid performance of shares of ESCO Technologies Inc. (NYSE:ESE) came at a price. The diversified industrial conglomerate has proven to be a solid long-term value creator, while maintaining a pristine balance sheet, yet a 30 times earnings multiple at the time felt a…

The global crop merchant Bunge is to buy competitor Viterra in a $8.2bn cash and shares deal, creating an agricultural behemoth to rival the largest trading houses that move grains, oilseeds and pulses from farm to consumers.The combined group will compete with industry leaders Cargill and Archer Daniels Midland, strengthening…