All five FAANG stocks have fallen sharply in response to recession fears, but two stand out from the pack. Amazon (NASDAQ: AMZN) and Netflix (NASDAQ: NFLX) saw their share prices tumble 47% and 48%, respectively, from all-time highs. Here's why shares of Amazon and Netflix are worth owning. 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.
