Shares of Union Pacific Corporation (NYSE: UNP) jumped in early trading on Monday.
The spike in share price comes after the Omaha, Nebraska-based company announced over the weekend that chairman and CEO Lance Fritz would step down in 2023.
Last summer, Federal Reserve chair Jerome Powell laid out a plan to reset the U.S. housing market, which has been putting the squeeze on aspiring homeowners.
How? By increasing interest rates, and subsequently spiking mortgage rates.
Euro Pacific Capital Chief Economist Peter Schiff conducted a poll on Twitter, asking what the Federal Reserve would do if inflation remains well above the…
Cathie Wood’s Ark Invest has recently been increasing bets on its portfolio stocks when they sell off, with the "buying the dip" approach reflecting its confidence in these stocks.