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Stock Market Today - 9/8: Stocks Turn Lower After ECB Rate Hike With Powell Talk On Deck

A key ECB rate decision, as well as a monetary policy discussion with Fed Chair Jerome Powell, are expected before the start of trading Thursday.

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People walk past the New York Stock Exchange on Wall Street. The benchmark S&P 500 Index rose to an all-time high on Wednesday. Photo: AFP

Stocks Flat; Fed Chair Powell, ECB Rate Hike, GameStop And, California Heat In Focus - Five Things To Know

Stock futures flat, central banks in focus; Fed Chair Powell on deck as September rate bets leap; ECB set for biggest-ever hike as inflation roars, euro slumps; GameStop shares surge on FTX digital asset tie-up and California heat wave scorches, but power grid holds.

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New iPhone Launch: Everything You Need to Know

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Elon Musk Sounds a New Alarm on South Korea

CEO is concerned about a phenomenon that may have major repercussions on the Asian country's existence.

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Alphabet CEO Pichai Sends New Warnings About the Economy

Alphabet, parent of search and cloud giant Google, aims to adapt quickly to the current macroeconomic upheaval.

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Wells Fargo Closes Accounts, Claiming 'High Risk'

These members of an informal economy have experienced banking discrimination before.

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McDonald's Makes a Big All-Day Breakfast Menu Addition

A viral tweet has placed the McDonald's breakfast menu on the spotlight.

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Elon Musk Suggests a Solution for California Blackouts

California just declared a state of emergency due to a heat wave.

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Las Vegas Strip Venue Uses a Disney Ride Concept

A Las Vegas Strip entertainment venue introduces an attraction very familiar to Disney theme park fans.

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Kohl's Launching New Retail Focus That Competes With Target

Kohl’s is introducing a new focus to improve sales the retail floor.

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Why United Airlines is Thinking of Ending Service at a Really Big Airport

Airline's CEO is petitioning the FAA to make a key change at a major airport.

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Eighties Arcade Icon Claims Top Video Game Spot in Survey

A recent survey identified America's most popular online video game.

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Disney World, Disneyland Raise Prices, Customers Happy About It

The theme park giant keeps making things more expensive and its visitors actually seem to like the change.

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Goldman Sachs: Bear Stock Market isn't Over

The S&P 500 rose 17% from June 16 through Aug. 16. But since then, the index has dropped 9% on Fed hawkishness.

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Stylish French Department Store to Come to the U.S.

A new department store is a high-stakes, high-rewards move.

TheStreet Financial Channels

Jim Cramer Weighs In on the European Central Bank Announcement

ECB Delivers Biggest-Ever Rate Hike Amid Soaring Inflation, European Energy Crisis

"Price pressures have continued to strengthen and broaden across the economy and inflation may rise further in the near term," the ECB said.

NYSE Traders Lead

Stock Market Today - 9/8: Stocks Turn Lower After ECB Rate Hike With Powell Talk On Deck

A key ECB rate decision, as well as a monetary policy discussion with Fed Chair Jerome Powell, are expected before the start of trading Thursday.

Gamestop WallStreetBets Lead KL

GameStop Stock Leaps As FTX Deal Offsets Another Q2 Loss, Cash Burn Concerns

"Our path to becoming a more diversified and tech-centric business is one that obviously carries risk and will take time," said CEO Matt Furlong.

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How to Get Uncle Sam to Contribute to Your Retirement Savings

Uncle Sam will give you a Savers Tax Credit if you save for retirement, our CPA explains how this often overlooked tax credit works and who qualifies for it

Dallas Mavericks Owner Mark Cuban Reveals a Love for Digital Currency
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Mark Cuban Goes Nuclear at Elizabeth Warren on a Hot Issue

The billionaire star of the TV show 'Shark Tank' is very angry at one of the favorite measures of the liberal lawmaker from Massachusetts.

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How the Inflation Reduction Act Affects Your Taxes

The Inflation Reduction Act (IRA) includes a number of new tax provisions, extensions, and expansions. Here's how it could lower your tax burden

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Ethereum Merge Puts Bitcoin Energy Usage on Blast

As Ethereum aims to cut energy consumption by 99% with its latest update, will attention turn to bitcoin?

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Why A Strong Dollar May, Or May Not, Be A Good Thing

A strong dollar seems like a good thing, but it’s possible it could become too strong.

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Apple Stock Holders Should Watch Foxconn

Foxconn is the largest assembler of smart phones in the world and has a huge impact on Apple’s production.

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