This afternoon, the FOMC is expected to announce a 75-basis point (BPS) rate hike, bringing federal fund rates to the 300-325 BPS range. This means interest rates will be between 3-3.25% for the first time since before the financial crisis in 2007-2008. More specifically, the Fed began cutting rates in September 2007, bringing rates to 3% by January 2008.
Palantir Technologies Inc. (NYSE: PLTR) had a 70% drawdown in the past year, but zero executives or insiders at the company have bought the stock outright.
Insiders at a company, either executives or 10%+ stakeholders, are required to file investment transactions with the SEC.
When the COVID-19 pandemic swept throughout the world in early 2020, many business leaders predicted the disease would change business operations forever. Others thought there would be disruptions, but we’d be generally back to life as normal once the virus subsided.
The Federal Reserve has the primary responsibility and role in bringing inflation down, but President Joe Biden's administration can focus on the supply chain and energy markets to help alleviate the pains of inflation, Treasury Secretary Janet Yellen said Thursday at the Ford Motor Company (NYSE:
An unnamed FanDuel user might now be the world’s biggest Coke Zero fan. The person submitted a $13.49 free bet parlay on FanDuel from a promotion on the Coke Zero 400 Nascar Race on Sunday that won, netting the user nearly $1 million.
Apple Inc (NASDAQ: AAPL) is one of the most prolific companies in the world, known for its innovation and sleek design and marketing. Its stock is no different, one of the best performers in the market throughout the last 20 or so years.