Tag Archives: year

Interest rate hike coming this year, Fed chair Janet Yellen says in upbeat speech


Federal Reserve Chair Janet Yellen said she still expects to boost interest rates this year if the economy meets her forecasts, having a gradual pace of tightening to follow along with. The DIY investor\’s help guide to portfolio building It\’s hard enough for the experts to manage a stock portfolio let alone a novice, so most do-it-yourself investors should consider ...

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A 99-year-old Wall Street veteran reveals the secrets of her success


As she nears 100, Irene Bergman has top tips for having a long career on Wall Street: Don\’t do anything stupid. Consider investment returns, the financial adviser at Stralem & Co. said within an interview at her New York apartment, where, encompassed by paintings from Dutch masters, she telephones her clients. While many investors nowadays obsess over quick profits, it ...

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Commodities are crashing to 13-year lows as investors dump gold ahead of Fed rate hike


The rout in commodities deepened with prices at risk of the lowest close since 2002 because the prospect of higher U.S. rates of interest sent gold tumbling. Gold plunges to lowest since 2010, piling pressure on miners already facing razor-thin margins If gold prices remain below $1,100 for any prolonged period, analysts warn more mine closures are inevitable. Read on ...

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