Category: Business News

Does the Fed really expect faster rate hikes?

The two culprits underlying recent stock market volatility have been a  spike in wage growth and expectations that the Federal Reserve may raise interest rates more rapidly than anticipated this year as those pay...

Even as markets shook, many investors held steady

This month’s sell-off for stocks marked the first big test of investors’ mettle in years. And many ended up doing exactly what the experts were recommending: hold steady. Even as stock markets tumbled around...

Qualcomm rejects Broadcom’s offer

Qualcomm’s board said discussions with Broadcom failed to persuade the chipmaker to sign off on a $121 billion takeover offer, making it more likely shareholders will get to decide on the fate of the...