The Markets (as of market close August 26, 2022) Despite evidence that inflation may be slowing, the central bank is committed to fighting inflation, according to last Friday’s speech from Federal Reserve Chair Jerome Powell. Wall Street may have held out hope...
The Markets (as of market close July 29, 2022) Positive economic news and corporate earnings data helped drive stocks higher last week. Although the Federal Reserve hiked interest rates another 75 basis points, investors may expect subsequent rate increases to be no...
Quick Recovery for Unemployment RateThe U.S. unemployment rate skyrocketed to 14.7% in April 2020 when the economy shut down in response to the pandemic. More Details Life Insurance Living BenefitsWhen thinking about life insurance, you might focus on the death...
The Markets (as of market close May 20, 2022) In another volatile week of trading, stocks fell for the seventh consecutive week. A late-day surge last Friday kept the S&P 500 out of bear territory, but not enough to keep it out of the red for the week....
The Markets (as of market close May 13, 2022) Despite a late-week rally, stocks closed last week lower, extending the market’s streak of losses to six consecutive weeks. In what proved to be a very choppy week of trading, each of the benchmark indexes lost...