Monthly Archives: September 2022

Oil prices jump as Putin says he’ll mobilize more troops for Ukraine and hints Russia is ready to use nuclear force

Tetra Images – Dan Bannister/Getty Images Oil prices jumped Wednesday as Vladimir Putin mobilized more troops for Russia’s Ukraine invasion. He made a thinly veiled threat that Russia is ready to use nuclear weapons to hold onto territory. Brent crude and WTI were both up over 2% thanks to concerns the conflict could squeeze supply….

Putin’s escalation of Russia’s war effort in Ukraine is proof he is failing, say US and UK

Russian President Vladimir Putin speaks during a meeting on the military-industrial complex, the same day he addressed the nation, at the Kremlin, September 20, 2022, in Moscow, Russia. Contributor/Getty Images Putin on Wednesday announced a mobilization of reservists and said the West was threatening Russia. The UK and the US reacted to Putin’s speech by…

US Bank personal loans review: Funding within hours for existing customers, but unavailable in 23 states

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. US Bank doesn’t offer preapproval on its personal loans. US Bank; Alyssa…

Today’s mortgage and refinance rates: September 21, 2022 | Rates up as another Fed hike looms

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Federal Reserve Chair Jerome Powell is set to announce another extra large…

Top economist Mohamed El-Erian expects the Fed to keep interest rates higher for longer – and warns Russia’s warmongering has clouded the market outlook

Mohamed El-Erian. Jason Reed/Reuters Mohamed El-Erian sees the Fed’s impending rate hike as part of a new policy paradigm. The top economist predicts interest rates will rise higher and faster, and for longer. El-Erian rang the alarm on Russia mobilizing more troops and threatening nuclear war. Mohamed El-Erian has warned investors to brace for interest…

The Fed has to balance its latest rate hike with trying not to tank the economy. Here’s what to know.

There are 10 global central banks set to make interest rate decisions in the coming days, but today, all eyes are on the Federal Reserve.  I’m Phil Rosen, writing to you just blocks away from the Fed’s building in downtown Manhattan.  New York Stock Exchange senior market strategist Michael Reinking put it well: “Central Bank…