U.S. markets ended the week in the red as investors are figuring out how the Federal Reserve will act on interest rates moving forward. Cheddar News speaks with Steve Sosnick, chief strategist at Interactive Brokers, who breaks down the markets' action.
Share:
More In Business
PGA Tour Policy Board Member Resigns Over Saudi Deal
Randall Stephenson resigned from the PGA Tour policy board over the tour's proposed deal with Saudi Arabia.
Stocks Rise Ahead of Inflation Data, Earnings, Fed Meeting
Stocks rose at the opening bell as the market awaits updates on inflation data while earnings kick off this week for the second quarter. The Federal Reserve is also slated to meet later this month as investors anxiously await its decision on rates.
Threads App Signs Up 100M Users Since Launch
Since its launch on Wednesday, Threads -- the new app by Meta rivaling Twitter -- has signed up over 100 million users.
Top Stories This Week: Meta's Threads, JetBlue Really Wants Spirit & UPS Negotiations
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
SAG-AFTRA Could Strike Soon as WGA Protest Continues
SAG-AFTRA Could Strike Soon as WGA Protest Continues
U.S. Adds 209K Jobs in June as Unemployment Hits Near 50-Year Low
U.S. Adds 209K Jobs in June as Unemployment Hits Near 50-Year Low
Railroad Industry Sues to Block Limit on Crew Sizes that Ohio Imposed After East Palestine Derailment
The railroad industry has sued to block a new minimum crew-size requirement that Ohio imposed after a fiery train derailment in East Palestine in February.
OceanGate Suspends Operations After Titan Submersible Imploded on Titanic Tour
The company that owned a submersible that imploded on its way to explore the wreck of the Titanic, killing all five onboard, said Thursday it has suspended operations.
United Methodists Lose One-Fifth of US Churches in Schism Driven by Growing Defiance of LGBTQ Bans
United Methodists Lose One-Fifth of US Churches in Schism Driven by Growing Defiance of LGBTQ Bans
