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US Top News and Analysis May 8, 2023

Ripple will have spent $200 million fighting SEC lawsuit, CEO says

Ripple will have spent $200 million by the time its legal battle with the U.S. Securities and Exchange Commission is…

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US Top News and Analysis May 8, 2023

Stifel raises S&P 500 target on falling inflation expectations, says buy cyclical stocks

Strategist Barry Bannister hiked his second- and third quarter S&P 500 target price to 4,400 from 4,200.

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US Top News and Analysis May 8, 2023

Fed will 'definitely' pause hikes, but the cycle is not yet done, Standard Chartered CEO says

The U.S. Federal Reserve looks set to temporarily pause its aggressive interest rate hikes, but it has not yet…

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US Top News and Analysis May 8, 2023

Outlook for household spending slumped in April, New York Fed survey shows

The central bank Survey of Consumer Expectations for April showed that the outlook for spending fell by half a…

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US Top News and Analysis May 8, 2023

Bitcoin slides after network congestion leads Binance to briefly halt withdrawals

A recent surge of interest in NFTs on Bitcoin has led to congestion on the network and a pause of user withdrawals by…

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US Top News and Analysis May 8, 2023

If Supreme Court affirms Biden student loan forgiveness plan, some college 'stopouts' may reenroll

The Supreme Court's decision on student loan forgiveness could bring back students who started college but never…

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US Top News and Analysis May 8, 2023

Family offices move to 'risk on' with plans to load up on stocks, private credit

Nearly half (48%) of family offices plan to buy stocks this year, according to Goldman 2023 Family Office Investment…

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US Top News and Analysis May 8, 2023

This little-known education stock from Brazil can surge 70%, Morgan Stanley says

Morgan Stanley says the recent sell-off in Brazilian digital education company Vitru shares presents an attractive entry…

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