Jerome H. Powell, the Federal Reserve chair, made clear on Tuesday that the central bank is prepared to react to recent signs of economic strength by raising interest rates higher…
Tag: interest
Tech Layoffs Continue as Shares Fall and Interest Rates Rise
“High rates are painful for almost everyone, but they are particularly painful for Silicon Valley,” said Kairong Xiao, an associate professor of finance at Columbia Business School. “I expect more…
Fed Officials Discussed Slowing Interest Rate Increases ‘Soon’
Federal Reserve officials agreed at their November meeting that it would soon be appropriate to slow interest rate increases, minutes from the gathering showed, as they shifted their emphasis toward…
Corus Entertainment Inc. (OTCMKTS:CJREF) Short Interest Update
Corus Entertainment Inc. (OTCMKTS:CJREF – Get Rating) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest…
Carried Interest Is Back in the Headlines. Why It’s Not Going Away.
For years, Democrats and even some Republicans such as former President Donald J. Trump have called for closing the so-called carried interest loophole that allows wealthy hedge fund managers and…
The Carried Interest Loophole Survives Another Political Battle
Some analysts were skeptical all along that lawmakers would actually change the carried interest tax treatment in the final bill. While it has become a high-profile target, the change Democrats…
Russia Lowers Interest Rates Again, Bucking Global Trend
Moving in the opposite direction to much of the rest of the world, Russia’s central bank lowered its interest rate 1.5 percentage points to 8 percent on Friday, taking it…
High Inflation in June Puts Pressure on Interest Rates
Prices surged 9.1 percent in June as consumers faced rapidly rising costs for gas, food and rent, a higher-than-expected reading and bad news for Americans at a moment when their…
Relief Eludes Many Renters as Fed Raises Interest Rates
Already, new home construction has dropped sharply as borrowing costs climb, declining 14.4 percent in May to the lowest rate in more than a year. Early data suggest that apartment…
Warren slams Jerome Powell over interest rate comments: ‘I’m very worried that the Fed is going to tip this economy into recession’
“I am very worried about this because the causes of inflation — things like the fact that Covid is still shutting down parts of the economy around the world, that…