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☆ Fed expected to hike rates by three-quarters of a point again, but its forecast may matter most
▼ + stars: | 2022-09-20 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

The Fed is expected to fire off another three-quarter point rate hike — its third in a row. We had theoretical road maps up until now, but from the Fed's point of view they're crossing into a world of tightening. Neutral is considered to be the interest rate level where Fed policy is no longer easy, but not yet restrictive. The Fed has considered 2.5% to be neutral, and if it raises by three-quarters of a point, fed funds will be in a range of 3% to 3.25%. In June, the Fed forecast the unemployment rate would be 3.7% this year, the same level it was at in August.

Vanna Krantz, a former Disney executive, was named chief financial officer, as company also named a new CEO. FASB Moves Forward With New Disclosure Requirements for Joint VenturesJulie Whalen will join the online travel company later this month, after a decade as finance chief of Williams-Sonoma. Shopify Hires Morgan Stanley Investment Banker as Its Next CFO Shopify named investment banker Jeff Hoffmeister as its next chief financial officer, a move that comes after the e-commerce company in July said it would cut its workforce by 10%. Grab Zeroes In on Costs as Super App Looks to Cut Losses Grab’s finance chief is pruning the company’s spending as the ride-hailing and food-delivery app looks to get closer to break-even. SEC Warns Chinese Companies About Risks of Auditor Changes As businesses switch auditors to avoid U.S. delistings, the agency’s acting chief accountant warns of potential investigations and enforcement actions.

☆ The best investing stories of June: Interviews with accurate analysts — real estate wizardry — world class stock-pickers
▼ + stars: | 2020-07-07 | by ( Business Insider | ) www.businessinsider.com time to read: +5 min

If you aren't yet a subscriber to Investing Insider, you can sign up here. That's where the Investing team at Business Insider comes in. -- JoeJoin Business Insider on July 8 at 12 p.m. Ruobing Su/Business InsiderBusiness Insider spent weeks talking to stock analysts across Wall Street — and not just in popular sectors like tech and retail. We spoke to 11 of the top-ranked on Wall Street to get their forecasts and single-stock picks.

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