5 things to know before the stock market opens Monday, June 27

Here are the most important news items that investors need to start their trading day: 1. Stocks look to build off last week’s rebound A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 22, 2022. Brendan Mcdermid | Reuters US stock futures rose before the … Read more

Russia’s ruble is at strongest level in 7 years despite sanctions

Russian one ruble coin and Russian flag displayed on a screen are seen in this multiple exposure illustration photo taken in Krakow, Poland on March 8, 2022. Jakub Porzycki | Nurphoto | Getty Images Russia’s ruble hit 52.3 to the dollar on Wednesday, an increase of roughly 1.3% on the previous day and its strongest … Read more

Here are three things the Fed’s done wrong, and what’s still not right

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, DC, June 14, 2022. Sarah Silbiger | Reuters After years of being a beacon for financial markets, the Federal Reserve suddenly finds itself second-guessed as it tries to navigate the economy through a wicked bout of inflation and away from … Read more

SBI Vs Bank of Baroda Vs ICICI Bank fixed deposit interest rate comparison: June 2022

Fixed deposit interest rates are increasing thus giving some respite to the fixed income investors especially retirees and senior citizens. Many banks have already increased their fixed deposit interest rates. With RBI increasing the repo rate by 0.90 per cent over two separate rate hikes in the last 2 months, the cost of funds has … Read more

What Americans face now as the US Federal reserve raises interest rates

The US Federal Reserve’s big interest rate hike on Wednesday – and the expectation of more to come – is aimed at bringing down 40-year high inflation topping 8% on an annual basis in recent months. But the largest rate increase in a quarter century will not deliver immediate inflation relief. It will take time … Read more