George Soros and his Soros Fund Management family office have been busy. In the fourth quarter of 2022, the billionaire added more than two dozen new stocks to his portfolio. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), The Walt Disney Company (NYSE: DIS), and Tesla (NASDAQ: TSLA) especially stood out as a few of the most intriguing purchases for Soros in Q4. Read More...
MarketWatch
Here come the 5% CDs
If you’re looking for certificates of deposit, the interest rates on offer should be—here’s hoping—heading higher following the latest inflation numbers out Tuesday morning. You can already get 5% on a one-year CD if you shop around, and there should be more—and maybe better—on offer soon following the latest economic news, which has sent the money markets jumping around. January’s inflation data came in higher than expected, and the markets were surprised by the news, even though Federal Reserve Chairman Jay Powell had basically told them this was going to happen at his press conference a couple of weeks ago.