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Breaking News: Markets

Fed officials see inflation ‘upside risks’

by Merchant Moller
Fed officials see inflation ‘upside risks’

Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes could be necessary in the future unless conditions change, minutes …

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Jim Cramer sees a ‘new king’ in trucking and a ‘golden age’

by Shen Ridenbaugh
Jim Cramer sees a ‘new king’ in trucking and a ‘golden age’

Morgan Stanley’s decision Tuesday to boost its price target on XPO Logistics (XPO) to $65 a share, from $45, could signal a “new king” in the trucking-and-logistics industry, CNBC’s Jim …

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International travel surges while domestic airfares, hotel rates lag

by Dennis chmitz
International travel surges while domestic airfares, hotel rates lag

Women pose for a photo while holding an ice cream at Trevi fountain during hot weather as a heat wave hits Europe in Rome, Italy, July 19, 2022.  Guglielmo Mangiapane …

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Activists ease up on Salesforce. 10 other Club stocks traded by Wall Street pros

by Margaret Jenner
Activists ease up on Salesforce. 10 other Club stocks traded by Wall Street pros

The extraordinary activist-investor interest in Salesforce (CRM) eased further in the second quarter, according to the latest regulatory filings from influential Wall Street pros. These big-name investors also made moves …

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