Stocks on Track for 14th Straight Day of Gains Following Fed Rate Hike
Stocks opened in a positive session as the market is on pace for a 14th straight day of gains that would tie it for the longest winning streak. This follows the Federal Reserve's decision to raise rates.
Companies are making money, the economy is cooling down, and a rate cut or two possible by the fall? It might be time to break out the cautious optimism.
Fed Chair Jerome Powell reported that rates would likely remain elevated due to sticky inflation. Zillow breaks down how this could impact the housing market.
Amanda Chin, SVP of Marketing for the Golden State Warriors, stops by Cheddar to debut Valkyries name and logo and talks why women sports is good for business.
The return of ‘meme stocks’ don’t mean it’s time to panic about the stock market. If you want something to worry about… look no further than inflation.
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