Wall Street is betting on another big interest rate hike

On this week's "Markets Now" show, B. Riley Financial's Art Hogan predicts what to expect from the Federal Reserve later this month. Plus, Oppenheimer's Martin Yang on whether Apple's new iPhones can boost the company's share price. And The RealReal's Rati Sahi Levesque shares the luxury consignment retailer's plan for profitability.
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Wall Street is betting on another big interest rate hike
On this week's "Markets Now" show, B. Riley Financial's Art Hogan predicts what to expect from the Federal Reserve later this month. Plus, Oppenheimer's Martin Yang on whether Apple's new iPhones can boost the company's share price. And The RealReal's Rati Sahi Levesque shares the luxury consignment retailer's plan for profitability. Read more »
 
Water is in short supply. Markets should pay attention
The world is in desperate need of water. Drought and increasing temperatures have threatened to impact nearly every major sector of the economy, from energy to agriculture to shipping. Read more »
 
The British pound hasn't been this weak since Margaret Thatcher was prime minister
The British pound fell to a 37-year low against the US dollar Wednesday as the United Kingdom grapples with a series of overlapping economic problems with no easy solutions. Read more »
 
Why Coca-Cola doesn't want to tell you what's in those weird flavors
Coca-Cola famously won't tell you the recipe for Coke. It's not about to tell you what's in its new limited-time flavors, either. Read more »
 
The UK is preparing a huge energy bailout that could cost $175 billion
The United Kingdom's new prime minister is reportedly preparing to commit as much as £150 billion ($172 billion) to shield households and businesses from soaring energy bills, increasing government borrowing at a time when investors are already on edge about the country's finances. Read more »
 
Billionaire: The Fed won't say it out loud, but it really wants a higher unemployment rate
For many years after the Great Recession, the Federal Reserve did everything in its power to lower the unemployment rate. Now, the central bank is trying to do the exact opposite. Read more »
 
 
 
 
Dow Nasdaq S&P
+435.98   +246.99   +71.68
31,581.28   11,791.90   3,979.87
+1.40%   +2.14%   +1.83%
YTD -13.09%   YTD -24.63%   YTD -16.50%
 
Biggest Winners
Baxter International Inc +7.45%
 
Twitter Inc +6.60%
 
Public Service Enterprise Group Inc +5.82%
 
HCA Healthcare Inc +5.70%
Biggest Losers
Halliburton Co -2.85%
 
EOG Resources Inc -2.60%
 
Marathon Oil Corp -2.35%
 
Occidental Petroleum Corp -2.17%
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Oil $81.77 -5.11 / -5.88%
Gold $1,730.40 +17.50 / +1.02%
10-yr 3.26% -0.07
Euro $1.00 +0.01 / +1.14%
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