The U.S. stock market added to its record as Wall Street closed out a second straight winning month. The S&P 500 rose 0.5% Monday in its first trading after completing a stunning rebound from its springtime sell-off of roughly 20%. The Dow Jones Industrial Average added 0.6%, and the Nasdaq composite gained 0.5%. Oracle helped lead the way after saying it's off to a strong start in its fiscal year. Banks were also solid in their first trading after the Federal Reserve said they're financially strong enough to survive a downturn in the economy. Treasury yields eased in the bond market.
Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House. Bowman, who was appointed to the Fedòòò½ÊÓƵ™s board of governors by Donald Trump in 2018, is the second high-profile official to express support for a potential July cut in as many days. On Friday, Christopher Waller, also a Trump appointee to the Fedòòò½ÊÓƵ™s board, said in a television interview that the Fed should consider cutting borrowing costs next month.
Considering the irregular nature of income, ensuring financial protection for self-employed individuals is crucial. However, considering the t…
HUNTINGTON òòò½ÊÓƵ” Daniel D. Huron, a longtime banking professional, is the new president of Huntington Federal Savings Bank.
Letòòò½ÊÓƵ™s be honest: Money is the most powerful thing in the world that doesnòòò½ÊÓƵ™t actually exist. Not really. At least not until a government waves …
From our coal miners to our small business owners, West Virginians have always had grit, but thatòòò½ÊÓƵ™s not enough in todayòòò½ÊÓƵ™s financial system.
Dear Savvy Senior: My husband and I, who are retired, have accumulated about $7,000 in credit card debt over the past few years and need some …
The completion of a bank acquisition negatively affected first quarter earnings for a West Virginia-based financial services company.
WASHINGTON òòò½ÊÓƵ” The Internal Revenue Service encourages taxpayers who missed the filing deadline to submit their tax return as soon as possible. …