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El-Erian says Fed should hike by 50 basis points, calls smaller increase a 'mistake' Surging inflation may appear largely in the past, but a shift to a 25 basis point hike at the next Federal Reserve policy meeting is a "mistake,"…

Traders on the floor of the NYSE, Oct. 21, 2022.Source: NYSEStock futures fell Monday ahead of another batch of retail earnings to kick off a shortened week for the Thanksgiving holiday.Futures tied to the Dow Jones Industrial Average…

Chart analyst Katie Stockton sees relief rally into the year endKatie Stockton, founder and managing partner at Fairlead Strategies, believes the stock market could extend the relief rally for several weeks into the end of 2022."We're…

Traders on the floor of the NYSE, Oct. 12, 2022.Source: NYSEStock futures were little changed Thursday night as investors turned their attention to big bank earnings after the major averages staged a historic turnaround rally.Futures…

Semiconductor shortage set to ease in 2024, Porsche CFO saysSemiconductor shortages will continue to affect Porsche throughout 2023, according to Arno Antlitz, Volkswagen's chief financial officer, but supply should improve the following…

The Bank of England's position is 'almost impossible,' chief investment strategist saysHarnett said that domestic companies – those in the FTSE 250 – "will be the ones that struggle," which is a point of concern for the U.K."When the…

The Bank of England is right to hold off on rate hikes as the pound slumps, investment director saysThe U.K.'s central bank shouldn't rush to increase interest rates, according to Julian Howard, Lead Investment Director of Multi Asset…

U.S. stocks open mixedU.S. stocks opened mixed Thursday following the Federal Reserve's decision Wednesday to implement its third consecutive 0.75% interest rate hike. The Dow Jones Industrial Average and the S&P 500 hovered around…

Sweden's central bank launches 100 basis point rate hike, says 'inflation is too high'Sweden's Riksbank on Tuesday launched a 100 basis point hike to interest rates, taking its main policy rate to 1.75%, as it warned that "inflation is…

Ocado shares fall after sales warning as cost-of-living pressures biteOcado delivery vans in London on Jan. 21, 2022.Mike Kemp | In Pictures | Getty ImagesBritish grocery delivery firm Ocado led early European equity losses after…