Stocks sank Friday to close last week in negative territory, ending the S&P 500’s four-week winning streak after the release of minutes from the July FOMC meeting. Comments from Fed policymakers revealed that the central bank would likely continue its aggressive path of interest rate increases...
Stocks rallied into the close Friday, contributing to a solid weekly uptick for the major indices. The Dow gained nearly 3%, while the Nasdaq and the S&P 500 rose over 3%, logging the fourth consecutive positive week – the longest string of weekly gains for the...
Solar stocks are catching a boost on the heels of the Senate’s approval of the Inflation Reduction Act, a $430 billion climate bill aimed to reduce the budget deficit via tax reform while investing in renewable energy that is expected to be passed by the House this...
The major indices finished last week with mixed results after the release of higher-than-expected jobs numbers. The labor market added 528,000 jobs in July, far surpassing Wall Street’s expectation of a 258,000 increase. Strength in the labor market supports the Federal Reserve’s case for continued aggressiveness against...
One of the biggest threats to corporate America is ransomware. The growing possibility of losing access to essential or confidential digital property is a nightmarish scenario for executives as the financial consequences can be enormous. But it’s not just major companies that are at risk. We...