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Global rate-hike cycle in view as central banks take on inflation Reuters

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

The Federal Reserve unanimously raised its benchmark rate by a quarter point as policymakers confront inflation that remains above target and uncertainty tied to geopolitical developments. Merrill and Bank of America Head of CIO Market Strategy Joe Quinlan tells Bloomberg This Weekend hosts David Gu

Investors are clamoring for the kind of debt companies are reluctant to sell now: longer-term bonds.

SpaceX will make up 2.82% of the Nasdaq 100 when the index’s quarterly rebalance takes effect Monday, according to data obtained by Bloomberg, locking in a sharp increase from its current weighting of about 1.28%.

New York City is building a 36-person bureau of data scientists, technologists and economists to analyze company records for potential violations involving pricing, wages and other consumer and worker protections. NYC Consumer and Worker Protection Commissioner Sam Levine tells David Gura and Christ

Immersive movie screening, the plea for headphones, all-you-can-drink German method coming to the US, and old rock stars still rocking: Join Lisa Mateo, David Gura and Christina Ruffini as they go over interesting headlines from this week. (Source: Bloomberg)

Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of United Community Bank

Federal Reserve Board announces approval of application by National Westminster Bank Plc

Federal Reserve Board issues enforcement action with former employee of Banco Popular de Puerto Rico