The rapid rise in interest rates has made saving more lucrative — especially in certain brokerage accounts.
Market Extra: Russian ruble tumbles to near 100 vs dollar, a level not seen since August
The ruble is sliding towards levels not seen since August, when the central bank hiked interested rates to 12%.
Dow Jones Newswires: China Evergrande shares surge after resuming trade in Hong Kong
China Evergrande Group’s shares rose sharply early Tuesday upon resuming trade, following a halt last week after the property developer’s chairman was placed under police control.
MarketWatch First Take: Does anyone want to buy bankrupt SmileDirectClub?
The company, which has been controversial and combative ever since it went public in 2019, may have an extremely hard time finding a buyer.
Dow Jones Newswires: Japan ready to take action if yen falls sharply, finance minister says
The Japanese government stands ready to take action if the yen weakens too sharply, Finance Minister Shunichi Suzuki said Tuesday.
The Fed: Fed may have to raise interest rates once more this year, Mester says
The president of the Cleveland Fed said Monday the central bank “may well need to raise” interest rates once more this year and then keep rates high “for some time” to get inflation fully under control.
Washington Watch: Matt Gaetz files motion to oust Kevin McCarthy as House speaker
Rep. Matt Gaetz of Florida filed a resolution late Monday to remove House Speaker Kevin McCarthy, a fellow Republican, from his post as their chamber’s leader.
The Human Cost: Moonlighting as a car valet, tending bar and moving back home: Borrowers get ready for the return of student-loan payments
More than a third of borrowers say they’ll have to cut up to $500 from their budget to handle upcoming payments.
: ‘RIP BBBYQ’: Social media reacts to elimination of Bed Bath & Beyond stock
In a filing Friday, Bed Bath & Beyond said that its shares are canceled, and “have no value” as the company’s bankruptcy plan takes effect
The Margin: Jets-Chiefs is highest-rated TV show since the Super Bowl, thanks to Taylor Swift and 2 million more female viewers
The Sunday Night Football game Swift attended averaged 27 million viewers, the most-watched TV show since Super Bowl LVII.
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