The Fed Raises Rates as Expected, But Spooks Investors With a Gloomy Forecast
The Fed's rate hike today is exactly what investors expected, but its gloomy outlook on 2023 economy sent major stock indexes tumbling.
interest rate
A Strong Dollar Is Great News For America’s Consumers—But Not So Much For its Businesses
The U.S. dollar has gained 13 percent in 2022 so far. That's great news to American shoppers in Europe and Asia, but spells trouble U.S. multinational companies like Boeing that rely on overseas sales.
Skyrocketing Gold Price Could Reach New Record High Soon, Analysts Say
When all else fails, buy gold.
