Market Analysis

Economy

Fed Raises Rates by Quarter Point

As the Federal Reserve has lifted its key interest rate several times over the past year, Americans have seen the effects on both sides of the household ledger: Savers benefit from higher yields, but borrowers pay more.Credit CardsCredit…

BDG Media suspending Gawker

Illustration: Sarah Grillo/AxiosBDG Media is suspending Gawker and will lay off 8% of full-time staff, according to an internal memo from CEO Bryan Goldberg that was obtained by Axios.Why it matters: The news comes as BDG continues to…

Today Trends

Annuity sales hit record in 2022 amid higher interest rates and fear

Tim Bieber | Photodisc | Getty ImagesAmid stock market gyrations, recession fears and loftier payouts, consumers…

Selling Crude Oil Again, As the Pressure Remain to the Downside

Crude Oil turned bullish during most of January, after failing to push below the support zone above $70.…

HeadCrab malware targets Redis to mine cryptocurrency

A malware known has "HeadCrab" is being used to mine cryptocurrency via Redis servers, and approximately…

This one-atom chemical reaction could transform drug discovery

Single Carbon Atom Doping Reactions.…

OPEC’s Oil Production Drops In January As Saudi Arabia Cuts Output

OPEC’s crude oil production fell in January by around 60,000 barrels per day (bpd) due to cuts by…

Mortgage rates drop to the 5% range for first time since September

Prospective buyers at an open house in Florida.Mike Stocker | South Florida Sun Sentinel | Tribune News Service…

Trump raises nightmare scenario for GOP as he lashes out at potential primary foes

CNN  —  Donald Trump is raising the nightmare…

S&P 500 rises to the highest level in five months Thursday as Meta leads a…

The S&P 500 rose to its highest level in five months on Thursday as better-than-expected Meta results…

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