Kevin Hart is introducing a new, plant-based alternative to fast food that hawks red meat and grease on the cheap. This week, the actor and comedian opened his first Hart House in California, offering a menu of plant-based chicken and burgers. “This world is a very big place,” Hart said […]
Finance
Stocks, Bonds Retreat on Fed’s Tough Rates Message: Markets Wrap
(Bloomberg) — US stocks and Treasuries fell again Monday as the realization that interest rates are likely to remain elevated for an extended period continued to force a repricing across assets. Most Read from Bloomberg The S&P 500 and the Nasdaq 100 dropped a second day, adding to the rout […]
Oil settles up more than 4% on prospect of OPEC+ supply cut
By Laura Sanicola (Reuters) – Oil prices settled up more than 4% on Monday, extending last week’s gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar and a dire outlook for U.S. growth. Saudi Arabia, top producer in the Organization of the […]
Truth Social faces an uncertain future amid concerns over Trump’s dwindling popularity and continued controversies
A phone displaying Donald Trump’s Truth Social app in the Apple App Store.Christoph Dernbach/picture alliance via Getty Images A company seeking to merge with Truth Social cited Trump’s reputation as an “important factor” to its financial success in an SEC filing. As Trump contends with ongoing legal battles, Digital World […]
Fed needs to raise rates to 4% and ‘hold them there’
Cleveland Fed President Loretta Mester says the Federal Reserve needs to continue raising interest rates and hold them at higher levels to get inflation under control. “There’s still a lot of inflation out there and I think we’re going to have to move interest rates up and continue to do […]
3 tickers trending on Yahoo Finance
Investors are pulling back following the U.S. Fed Chair Jerome Powell’s comments on Friday suggesting that the economy was headed for “some pain” as the central bank continues raising interest rates to combat high inflation. Amid that backdrop, here are 3 tickers trending on Yahoo Finance as of Monday morning: […]