Finance & Money - Local Cincinnati News

The S&P 500 may be trading around 2022 lows, but a new report finds active managers are having their best year since 2009. The numbers suggest they still have a long way to go, though.S&P Global recently published its Mid-Year 2022 SPIVA U.S. Scorecard,...

‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world

Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022.Al Drago | Bloomberg | Getty ImagesAs the Federal Reserve ramps up efforts to tame inflation, sending the dollar surging and bonds...

Stocks making the biggest moves midday: Nike, Rent-A-Center, Carnival Cruise

People walk near the entrance to Nike store, May 25, 2022 in Moscow, Russia.Konstantin Zavrazhin | Getty Images News | Getty ImagesCheck out the companies making headlines in midday trading.Nike — Nike shares dropped 12% after the sneaker giant said Thursday...

Fed Vice Chair Brainard warns against retreating from inflation fight prematurely

U.S. Federal Reserve board member Lael Brainard speaks after she was nominated by U.S. President Joe Biden to serve as vice chair of the Federal Reserve, in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington,...

Stocks making the biggest moves premarket: Nike, Micron, Amylyx and others

Check out the companies making headlines before the bell:Nike (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest quarter, and said it would offer more discounts heading into the holiday season. The athletic...