Investopedia news
Here are some recent news articles from Investopedia:
Market News
- Stock Market Today: Dow Jones, S&P 500, Nasdaq Live Updates (March 15, 2023) - The Dow Jones Industrial Average and S&P 500 index both fell on Monday, while the Nasdaq composite rose.
- Fed Raises Interest Rates Again, Signals More Hikes Ahead (March 22, 2023) - The Federal Reserve raised interest rates by 0.25% and signaled that more rate hikes are likely to come in the future.
- Oil Prices Surge as Russia-Ukraine Conflict Escalates (March 24, 2023) - Oil prices rose sharply on Thursday as the conflict between Russia and Ukraine escalated, with Brent crude oil reaching its highest level in three years.
Economic News
- US GDP Growth Slows to 2.1% in Q4, Misses Expectations (March 30, 2023) - The US economy grew at a slower pace than expected in the fourth quarter of 2022, with GDP increasing by 2.1%.
- Inflation Rate Falls to 2.3% in February, But Still Above Target (March 14, 2023) - The US inflation rate fell to 2.3% in February, but remained above the Federal Reserve's 2% target.
- Jobless Claims Fall to 190,000, Lowest Level Since 1969 (March 23, 2023) - The number of Americans filing for unemployment benefits fell to 190,000, the lowest level since 1969.
Company News
- Amazon Acquires MGM Studios for $8.45 Billion (March 17, 2023) - Amazon announced that it has acquired MGM Studios, the owner of the James Bond film franchise, for $8.45 billion.
- Tesla's Elon Musk Sells $1.1 Billion Worth of Stock (March 21, 2023) - Tesla CEO Elon Musk sold $1.1 billion worth of stock in the company, according to a filing with the Securities and Exchange Commission.
- Walmart to Acquire Cornershop, a Chilean Grocery Delivery Service (March 28, 2023) - Walmart announced that it has agreed to acquire Cornershop, a Chilean grocery delivery service, for $225 million.
Personal Finance News
- Credit Card Debt Reaches Record High in the US (March 16, 2023) - Credit card debt in the US reached a record high of $1.1 trillion in the fourth quarter of 2022.
- Student Loan Forgiveness Program to Be Expanded (March 25, 2023) - The Biden administration announced plans to expand a student loan forgiveness program, which could help millions of borrowers.
- Retirement Savings Rate Falls to 10-Year Low (March 29, 2023) - The percentage of Americans saving for retirement fell to a 10-year low, according to a survey by the Employee Benefit Research Institute.
These are just a few examples of the many news articles available on Investopedia.