Investors don’t like it when companies do one thing and then say another.
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A new study finds that investors punish companies for behaving badly over three times as much if they have a record of saying they’re virtuous.
At the moment, the bear seems to have the best of the bull.
AP Photo/Michael Probst
US stocks recently entered a bear market as investors grow pessimistic the Federal Reserve can bring down inflation while avoiding a recession.
The U.S. Federal Reserve raised interest rates as of Dec. 19.
Reuters/Brendan McDermid
The Federal Reserve opted to lift interest rates in a snub to stock investors who have been bleeding red for more than two months.