Federal Reserve Chair Jerome Powell is in no rush to cut interest rates, with a solid economic backdrop giving policymakers the luxury of time to figure out the best path lower. Inflation remains on a bumpy road to the Fed’s 2% target
🍔 🍔 McDonalds Still A Buy On Dips: One month after the E. coli outbreak was reported at McDonald’s, the fast-food giant is still suffering from slower traffic in its restaurants. Its stock remains under pressure as well
💥💥 On Aave, the largest peer-to-peer lender, the annualized rate to borrow leading stablecoin USDT went above 15% this week, showing increased demand for cash to chase the crypto bull market in everything
Stocks closed lower on Thursday, after comments from Federal Reserve Chair Jerome Powell signaled that the central bank could be more patient on deciding when to cut rates
Rivian, Tesla slide on report that Trump’s transition team plans to end Biden’s EV tax credit
BofA double-downgrades Hims & Hers Health stock, accelerating stock’s selloff
‘Postelection exuberance’ helped speed up record year for ETFs, State Street’s Bartolini says
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🏠 🏠 The share of Americans renting has skyrocketed by 13 percentage points over the last 3 years as housing has become historically unaffordable for buyers