• Another big Fed rate hike is coming. But how many more after that?

    The Federal Reserve is widely expected to raise interest rates by a half of a percentage point for the second consecutive time at the end of its next meeting on June 15. After that, all bets are off. Bigger rate hikes could be in the cards as consumer prices surge.   More rate hikes are likely in the coming months

  • NHTSA Upgrades Tesla Autopilot Safety Probe of 830,000 Vehicles

    By Michael Elkins The National Highway Traffic Safety Administration (NHTSA) announced Thursday that it would be upgrading its probe into Tesla (NASDAQ:TSLA) to include 830,000 vehicles with Full Self-Driving systems, almost everything that Austin, Texas-based Tesla has sold in the U.S. since the start of the 2014 model year. The agency says the investigation will

  • Wall St slips as growth stocks struggle amid rising bond yields

    (Reuters) – Wall Street’s main indexes slipped in choppy trading on Thursday as technology and growth stocks struggled for direction amid rising bond yields and weaker risk appetite on concerns around surging inflation and aggressive interest rate hikes. Nine of the 11 major S&P sectors declined in morning trade, with energy and materials among the

  • How You Can Use Gold to Profit in the Forex Market

    Why gold? What exactly do forex traders and gold have in common? The two markets are actually interrelated and can complement each other. This happens because the prices of gold and the U.S. dollar move in opposite directions at times, and traders can capitalize on this by trading the two commodities together in their Forex