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News
How to use TIPS in your portfolio
2+ hour, 55+ min ago (550+ words) AMY C. ARNOTT of Morningstar Treasury Inflation-Protected Securities were introduced in 1997 to provide inflation-protected interest and principal payments. Unlike other bonds, which generate returns in nominal terms, TIPS act as a direct hedge against inflation. TIPS are bonds issued by the…...
Watch live: Warsh says Fed has ‘no tolerance’ for high inflation but provides no hints on next move
2+ week, 6+ day ago (661+ words) Fed policymakers “have no tolerance for persistently elevated inflation,” Warsh said in his first appearance before Congress since becoming chair May 22, replacing former chair Jerome Powell. “And we share a resolute commitment to restoring price stability.” Warsh spoke to the…...
US consumer confidence inches higher in the face of soaring gasoline prices
3+ mon, 5+ day ago (14+ words) Akron News-Reporter...
7-Eleven expects to close hundreds of its stores in North America this year
3+ mon, 2+ week ago (351+ words) According to earnings filings published last week, 7-Eleven’s North American operator plans to close 645 stores in the 2026 fiscal year — outpacing the 205 locations it forecasts it will open during that same time. Seven & i Holdings Co., the Japan-based parent of the…...
Criminal investigation raises key question: Whether Chair Powell leaves Fed in May
6+ mon, 2+ week ago (792+ words) Powell’s term as Fed chair finishes on May 15, but because of the central bank’s complex structure, he has a separate term as one of seven members of its governing board that lasts until January 31, 2028. Historically, nearly all Fed chairs have…...