Business

(Kitco News) – With the Federal Reserve signaling at their May meeting that they fully intend to keep interest rates at highs not seen in over 20 years until stubborn inflation levels show sustained improvement, market participants have resigned themselves to expensive capital and credit costs for the foreseeable future.According to mainstream…

Wall Street is back in rally mode, with investors seizing on the latest sign that interest rates could begin to fall this year.The S&P 500 rose 1.2 percent on Wednesday, adding to three straight weeks of gains and climbing above its previous record, set on March 28.It marks a sharp shift from the sour mood that helped pull the index more…

Rendering courtesy/ Advisor's Excel TOPEKA (KSNT) – Topeka is getting a sneak peak at plans to renovate and revamp West Ridge Mall. On Wednesday, West Ridge Mall owner Advisor’s Excel announced it’s hired two architectural firms, RDC based in California and Hufft out of Kansas City, Missouri, to work together to transform…

The GameStop surge may have started to subside, but the price of Bitcoin price is soaring today. The biggest cryptocurrency by market cap is now trading at its highest level in three weeks, at $65,872, according to CoinGecko.  Over the past 24 hours, BTC has risen by 7%. Zooming out further, it is up over 4% in the past month. Bitcoin's surge…

Sam Altman (L), US entrepreneur, investor, programmer, and founder and CEO of artificial intelligence company OpenAI, and the company's co-founder and chief scientist Ilya Sutskever, speak together at Tel Aviv University in Tel Aviv on June 5, 2023.Jack Guez | Afp | Getty ImagesOpenAI co-founder Ilya Sutskever said Tuesday that he's leaving the…

Politics By Steven Nelson Published May 14, 2024, 5:21 p.m. ET WASHINGTON — President Biden again claimed Tuesday that the annual US inflation rate was 9% when he took office in January 2021 — when it actually was 1.4% and didn’t pass 9% until 17 months into his term — as he attempted to deflect…

The Brainy InsightsBariatric Surgeries market size from USD 2.5 Billion in 2023 to USD 6.79 Billion in 10 years. Rapidly growing obese population in the global population will drive the Bariatric Surgeries market's growth.Newark, May 14, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 2.5 Billion bariatric surgeries market…

US News exclusive By Caitlin Doornbos Published May 14, 2024, 4:57 p.m. ET WASHINGTON – Millions of dollars from US pension funds – including those of New York’s police officers and firefighters – are likely invested in ByteDance, the Chinese-controlled parent company of TikTok that is…

NEW YORK (AP) — Meme stocks are shaking Wall Street once again. That shouldn’t be much of a surprise. Ever since bands of smaller-pocketed and novice investors began taking stock prices of downtrodden companies to breathtaking heights three years ago, the potential for more flareups has been obvious. Some…

Alabama Gov. Kay Ivey announced Monday she signed legislation that could lead to revoking economic incentives on companies that voluntarily recognize labor unions starting next year.But the legislation, SB231, has no impact on any of the proceedings occurring this week east of Tuscaloosa, where thousands of employees at a Mercedes-Benz plant…