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Interest rate hikes not always bad news for stock markets

Sep 15, 2022
Markets plummeted Tuesday as Wall Street was rattled by hot inflation numbers that raised fears of even steeper interest rate hikes.
Traders work on the floor of the New York Stock Exchange on Sept. 13, 2022 in New York City.
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Fed’s hawkish stance on inflation brings pain to marginalized communities, economist says

Michelle Holder expects Black and Latinx workers to lose jobs in higher proportion as interest rates rise and the economy cools.
Federal Reserve policies that increase interest rates and chill economic growth are aimed at bringing down inflation, but they can also put stress on households and businesses. Above, the headquarters of the Federal Reserve Bank of New York.
Timothy A. Clary/AFP via Getty Images

European Central Bank makes unprecedented rate hike to fight inflation

Sep 8, 2022
It's raised its benchmark deposit rate by 0.75% — to 0.75% — and may raise further. But Europe is also facing recession worries.
Daniel Roland/AFP via Getty Images

How relevant are Federal Reserve meeting notes in a changing economy?

Aug 17, 2022
Inflation seems to be easing since the central bank met in July. But analysts observe the dynamics among policymakers.
Wall Street often uses the minutes from Federal Reserve meetings to predict market trends, but the meeting notes don't always reflect current economic information.
Saul Loeb/AFP via Getty Images

Workers are picking up extra jobs just to pay for daily necessities

Aug 8, 2022
More people in the United States are working two full-time jobs than ever before, says Lauren Kaori Gurley of The Washington Post.
Olivier Douliery/AFP via Getty Images

Hearst celebrates 135 years and new business ventures

Jul 26, 2022
CEO Steven Swartz highlights the media giant’s important, if little-known, stakes in automotive information and B2B operations.
CEO Steven Swartz says the media giant is having an excellent year and remains open to acquisitions: "We're a good home for entrepreneurs."
Daniel Barry/Getty Images

European Central Bank announces plans to raise its key interest rate

Jun 9, 2022
It'll also end its large-scale bond-buying program. Central bankers are trying to tame inflation — like their U.S. counterparts at the Federal Reserve.
The European Central Bank said Thursday it plans to start raising its key interest rate next month.
Daniel Roland/AFP via Getty Images

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Double whammy: Credit card debt grows as interest rates rise

May 9, 2022
Americans have a $860 billion credit card balance, according to the Federal Reserve Bank of New York.
After paying down credit card debt for the past few years, Americans have gone back to high spending.
Joe Raedle/Getty Images

What the Fed’s rate hike means for one community bank

May 5, 2022
Mortgage rates are rising, but deposit rates will lag, says Laurie Stewart, president of Sound Community Bank in Seattle.
Laurie Stewart, the head of Sound Community Bank in Seattle, says pressures to hold more capital will "impact our ability to serve clients and to be investable."
Courtesy Sound Community Bank

Why Fed might not be too upset when stocks fall

May 4, 2022
All major indices are down for the year. That's probably something the Fed isn't all that mad about.
If the value of people's stock investments go down, they may be less inclined to spend — at least a little.
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