Personal Finance Daily: It’s CPI day: ‘Calmer inflation means lower mortgage rates — eventually’ and food inflation slowed in March, but some items are still up by 36%
Wednesday's top personal finance stories.
: Nvidia offers 100-frame-per-second gaming card for under $600 in RTX 4070
Nvidia Corp. may have found a sweet spot for a gaming card that delivers close to pro performance at a reasonable price.
Market Extra: Walmart borrowing $5 billion in debt highlights a thaw in a crucial area of financial markets
Retail giant Walmart borrows $5 billion in the corporate bond market on Wednesday, as credit markets reawaken after the collapse of Silicon Valley Bank.
The Tell: Interest rates on bank deposits trail Fed’s benchmark by most in recent history: N.Y. Fed paper
The interest rates banks pay on $18 trillion in deposits lags behind the fed-funds rate by the largest gap on record, according to a New...
Crypto: What is Ethereum’s Shanghai upgrade? Here’s how it might affect the price of ether.
Ethereum, a blockchain that supports the world’s second largest cryptocurrency ether, is set to go through an important upgrade on Wednesday.
: Stock rally making it too hot for shorts as AMC, GameStop, Coinbase are the ‘most squeezable’
As the broader stock market has been on a tear for about a month, things are looking grim for investors with big short positions.
: Alibaba shares fall as SoftBank reportedly sells most of its stake
U.S.-traded shares of Alibaba Group Holding Ltd. sank Wednesday following a report that SoftBank Group Corp. has moved to sell most of its stake in...
: Feinstein seeks Judiciary replacement after 2 House Democrats call for her to step down
California Rep. Ro Khanna on Wednesday became the first Democratic lawmaker to openly call on Sen. Dianne Feinstein to step down, saying the longtime senator...
: MJBiz projects $170.7 billion positive U.S. economic impact from cannabis in five years
The MJBiz daily newsletter on Wednesday unveiled its 2023 MJBiz Factbook, projecting a positive economic impact from the U.S. cannabis industry of $170.7 billion by...