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Federal Reserve Chair Jerome Powell. Chip Somodevilla/Getty The Federal Reserve should consider a 150-basis-point rate hike, a Wells Fargo strategist said. "Why not just rip off the Band-Aid — let's get there in one day," Michael Schumacher told CNBC. Most economists expect the Fed to raise interest rates 75 basis points after the conclusion of […]
Enlarge / A pair of ID Buzzes bask in the Copenhagen sunshine. (credit: Jonathan Gitlin) After what feels like many years of teasing, Volkswagen’s retro-groovy ID Buzz has finally gone into production in Hannover, Germany. US market sales of the electric minivan are still two years away, but it has gone on sale in Europe, […]
Former President Donald Trump gestures while playing golf at Trump National Golf Club in Sterling, Virginia, on September 13, 2022. Manuel Balce Ceneta/AP The DOJ's appeal to continue to review classified documents for its probe was rejected on Thursday. A federal judge was not convinced that Trump couldn't have "possessory interest" in the documents. The […]
CommonBond cofounder and CEO David Klein. CommonBond CommonBond's refinancing business took a massive hit amid the pandemic's interest and payment pause. It effectively exited the business in June and pivoted to loans for residential solar panels. The company's CEO David Klein announced the decision in a LinkedIn post. Student loan lending company CommonBond quietly announced […]
ECB president Christine Lagarde has presided over two consecutive interest rate hikes. Philipp von Ditfurth/Getty Images The European Central Bank just pulled the trigger on its biggest interest rate hike. The central bank increased rates by 75 basis points, and signaled further hikes. Economies around the world are raising rates as they battle to keep […]
Traders work on the floor of the New York Stock Exchange Andrew Burton/Getty Images US stocks fell Tuesday, turning lower in the post-Labor Day session. Stocks gave up earlier gains after a stronger-than-expected ISM services report. That bolstered views that the Fed sees the economy as strong enough to take on more rate hikes. US […]
RELATED STORIES Kevin Atwater’s love life on Chicago P.D. has been tragic, to say the least. He’s only had one real romantic interest over the course of the NBC drama’s eight seasons so far, and that did not end well. In the Season 6 episode “Black and Blue,” Atwater shared a brief romance with Laila […]
Emmerdale fans saw Aaron Dingle (played by Danny Miller) turn on his family tonight after Mackenzie Boyd (Lawrence Robb) tried to pull the wool over his eyes. In a bid to tempt the scrapyard manager into joining him and Charity Dingle (Emma Atkins) in shifting a load of stolen goods, Mackenzie flirted with Aaron, dangling […]
“Well, let’s join these little fellas, who’ve started already! Aren’t they gorgeous?” Sally commented in reference to the clip of the penguins. “That’s the London aquarium where penguins, they’ve been a bit bored during lockdown because it’s been so quiet, they’ve been watching Christmas films.” “They are watching one of the King’s of Christmas films; […]
We’re not saying that 9-1-1: Lone Star‘s Owen Strand will never end up with fellow first responder Michelle Blake. We’re just saying that he’s taking a little romantic detour first. Natalie Zea (The Following, The Detour) will recur on the Fox procedural as Zoe, a potential love interest for Rob Lowe‘s character, TVLine has learned […]
