15 December, 2021 by The TZ Newswire Staff Comments Off on Bank Of America Option Traders Hurting After Fed Recommends 3 Rate Increases In 2022
Bank Of America Option Traders Hurting After Fed Recommends 3 Rate Increases In 2022
What Happened: Option traders have been active on Bank of America Corporation (NYSE: BAC) after the Federal Open Market Committee left rates unchanged, but voted for three rate increases in 2022. Interest rates have an impact upon banks and financial stocks because the rates at which banks can lend at has an impact upon their profits from lending.
15 December, 2021 by The TZ Newswire Staff Comments Off on Dow surges 300 points Wednesday in relief rally after Fed gives rate hiking timeline
Dow surges 300 points Wednesday in relief rally after Fed gives rate hiking timeline
The Fed announced a more aggressive taper at its December meeting and said it expects three rate hikes next year.
15 December, 2021 by The TZ Newswire Staff Comments Off on The Most Popular Terms of 2021
The Most Popular Terms of 2021
Amid COVID-19’s second year, the top financial terms for 2021 can be traced to economic concerns, Internet meme culture, and Britney Spears.
15 December, 2021 by The TZ Newswire Staff Comments Off on Lowe’s says pandemic-fueled home improvement demand could cool in year ahead
Lowe’s says pandemic-fueled home improvement demand could cool in year ahead
During an analyst meeting, Lowe’s Chief Financial Officer Dave Denton said the retailer is preparing for a “modest sector pullback in 2022.”
15 December, 2021 by The TZ Newswire Staff Comments Off on SEC Chair Gary Gensler wants stronger insider trading rules as executive stock sales hit records
SEC Chair Gary Gensler wants stronger insider trading rules as executive stock sales hit records
The SEC is considering stronger insider trading rules to ensure CEOs aren’t buying and selling shares when informed by non-public info.
15 December, 2021 by The TZ Newswire Staff Comments Off on Trump Media and Rumble Team Up, Moving CF VI (CFVI) & Digital World (DWAC) Prices
Trump Media and Rumble Team Up, Moving CF VI (CFVI) & Digital World (DWAC) Prices
Digital World (NASDAQ:DWAC) target Trump Media & Technology Group has announced a cloud services partnership with digital media platform Rumble, which itself has a pending deal with CF VI (NASDAQ:CFVI).
15 December, 2021 by The TZ Newswire Staff Comments Off on Keechant Sewell To Be Named First Black Female NYPD Commissioner
Keechant Sewell To Be Named First Black Female NYPD Commissioner
Sewell is set to become the first black woman to hold the post of NYPD’s top cop.