Rumors

Inflation reports unveiled in the week preceding the Fed meeting brought an unwelcome news to investors. Prices pressures surged more than expected in February, creating a headache for Federal Reserve Chair Jerome Powell, who had been pushing for greater confidence…

President Joe Biden is expected to award a multi-billion dollar award to Intel Corporation (NASDAQ:INTC) to expand semiconductor production in the U.S. The funding is part of the CHIPS and Science Act, a $280 billion package Biden signed into law…