Economy

Major Fed rate dissent, Powell to stay on

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Democratic Lawmakers Introduce Bill to Raise Federal Minimum Wage to $25 an Hour

Amid the ongoing affordability crisis, Representatives in Congress have introduced a bill to raise the federal minimum wage for the first time since 2009.

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

PayPal is betting that a new corporate structure can reignite growth at a company that has lost ground to Apple, Google and Stripe in the e-commerce battle.

What the Fed rate pause may mean for mortgage interest rates

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Fed Holds Interest Rates Steady: Here's What That Means for Credit Cards, Mortgages, Car Loans and Savings Rates

From mortgage rates to auto loans and credit cards, here’s a look at how the Fed's April interest rate decision may affect your wallet.

The Guardian view on the UAE quitting Opec: whatever importers pay, the price of fossil fuels is too high

The world must accelerate the shift to renewables, regardless of the economic effects of Abu Dhabi’s decision

Fed holds rates steady but with highest level of dissent since 1992

The Federal Reserve on Wednesday released its latest decision on interest rates.

Brooke Rollins rolls out plan to reshore fertilizer production amid Iran war price spike

Agriculture Secretary Brooke Rollins announced steps the Trump administration is taking to reshore fertilizer production over the next several years, saying she expects domestic nitrogen production to increase by over 30%.

Robinhood's revenue slump exposes crypto's core weakness

Crypto still struggles to generate stable, nonspeculative revenue despite years of growth, innovation and institutional acceptance.

Mortgage rates surge to nearly four-week high as Iran headlines impact markets

Negative headlines on the Iran war pushed bond yields higher, and mortgage rates followed.

Paramount CEO David Ellison wants to release 30 films annually. History and Hollywood say it's unrealistic

While David Ellison has set a lofty goal for Paramount to release 30 films a year, there's no recent precedent for such a haul.

Stocks making the biggest moves midday: GE HealthCare Technologies, Bloom Energy, Seagate, Teradyne, & more

Here are the stocks making headlines in midday trading.