U.S. markets ended the week in the red as investors are figuring out how the Federal Reserve will act on interest rates moving forward. Cheddar News speaks with Steve Sosnick, chief strategist at Interactive Brokers, who breaks down the markets' action.
Share:
More In Business
Alphabet Prospering on AI Search Injection
Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine.
How Salesforce AI Is Revolutionizing Customer Service
Find out how Salesforce AI's customer service agent, Einstein, is changing the way you will get the answers you need. Watch!
Celebrating National Tequila Day With The Rock's Teremana Tequila
Teremana CEO Richard Black, gives us an inside look at how the spirits brand is expanding into the global market.
Warner Bros & TNT to Match Amazon Prime Video’s Offer to Air NBA Games
Warner Bros. Discovery informed the league Monday that it will match the $1.8 billion per year offer by Amazon Prime Video to air NBA games.
401(k) Evolution: Record High Savings Through Automatic Enrollment
Vanguard's "How America Saves" report analyzes U.S. retirement trends, focusing on 401(k) plans, including automatic enrollment and contribution rates.
Market Soars Post-Trump Assassination Attempt
PLUS: How J.D. Vance's China stance could affect Hong Kong's financial role.
Olympics Ties Up with Roblox To Meet Young Fans Where They’re At
The Olympics’ ever-expanding quest to draw in young fans is meeting them where they are — on Roblox.
Amazon: This Year’s Prime Day was Biggest Ever
Amazon says it had its best Prime Day sales event ever this week with $14.2 billion spent online on Tuesday and Wednesday, up 11% compared to last year.
Average Rate on a 30-year Mortgage Drops to 6.77%, Lowest Since March
The average rate on a 30-year mortgage dropped this week to a four-month low, a welcome decline in borrowing costs for prospective homebuyers.
