The Federal Reserve should take a break from raising interest rates, after moving them up at each of the last ten meetings, said Philadelphia Fed President Patrick Harker on Wednesday. “I am in the camp increasingly coming into this meeting thinking that we really should skip, not pause, but skip…

© Reuters. FILE PHOTO: A man walks past an electric monitor displaying Nikkei share average and the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan May 2, 2023. REUTERS/Issei Kato By Lawrence White and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks and…

By Florence Tan SINGAPORE (Reuters) – A global shortfall in supply is set to deepen in the third quarter as the world’s top exporter Saudi Arabia pledged extra output cuts from July in a move likely to push towards $100 a barrel by the end of the year, analysts said.…

Investing.com — Most Asian currencies advanced on Thursday, while the dollar inched lower tracking comments from Federal Reserve officials touting a potential pause in the rate hike cycle in June.  Markets were also somewhat encouraged by the U.S. House of Representatives voting in favor of a bill to raise the…

By Doyinsola Oladipo and Bianca Flowers NEW YORK (Reuters) – U.S. hotel executives say they are betting on brands that specialize in extended stays for travelers, viewing those projects as less risky given the struggle developers face in securing financing for new construction. Hotel room supply in the United States…

In the movie “Moneyball,” Oakland A’s General Manager Billy Bean uses an innovative strategy called “sabermetrics” to catapult his underachieving baseball team to success. Bean is introduced to sabermetrics by Peter Brand (played in the film by Jonah Hill), an assistant who has mastered a series of calculations that allow…

Crypto’s nightmarish 2022 exposed the weak underbelly of many supposed blue chips in the sector. As the industry seeks to rebuild, firms focused on core infrastructure and analytics will lead the way. Reported by Nina Bambysheva, Michael del Castillo, Steven Ehrlich, Maria Gracia Santillana Linares and Javier Paz By almost…

The electric vehicle revolution is here, even in the most unexpected places. And it is a huge opportunity for astute investors. Executives at Stellantis NV (STLA) announced last week announced that production of its Dodge Charger and Challenger muscle cars will end this year. The company is replacing them with…

For anyone following the cannabis industry and the cannabis capital markets over the past two years, they’ve experienced a lot of doom and gloom. Since experiencing record high public company valuations after the 2020 elections, spurred by a belief that unified Democratic control of Congress would shepherd in much needed…

Achieving financial freedom and building wealth can often feel like an elusive dream, leaving many of us trapped in a cycle of living paycheck to paycheck, burdened by debt, and yearning for a brighter future. I understand this struggle all too well because I’ve walked that very path. However, through…