Darla Mercado

1 week ago | nbcnewyork.com | Darla Mercado

The Federal Reserve kept a steady hand on interest rates, maintaining them at their target range of 4.25% to 4.5%. The central bank is calling for two rate cuts this year, but policymakers see higher inflation. They have also cut their outlook for gross domestic product. At his press conference, Federal Reserve Chair Jerome Powell said that policymakers are "well positioned to wait" before moving further on rates. He also said that "we're beginning to see some effects" of tariffs on inflation.

1 week ago | cnbc.com | Darla Mercado

Alternative investments are gaining traction among financial advisors who are seeking diversification just as rising geopolitical tensions and shaky tariff policy rattle stocks. A survey of nearly 200 financial planners by the Financial Planning Association and the Journal of Financial Planning from March 23 to May 4 found that while these investments aren't in widespread use among advisors, they've seen significant growth compared to last year.

1 week ago | cnbc.com | Darla Mercado

The Federal Reserve is expected to keep a steady hand on interest rates, maintaining them at their target range of 4.25% to 4.5% when they release their decision at 2 p.m. ET on Wednesday. This time, the Fed will detail the latest outlook for U.S. gross domestic product and the path of interest rates. A major development to watch is whether the policy-setting Federal Open Market Committee will keep its earlier outlook for two rate cuts this year.

1 week ago | cnbc.com | Darla Mercado

These are some of the stocks posting the biggest moves in midday trading. Jabil – The electronic manufacturing company and supplier to Apple surged nearly 12%. Jabil lifted its full-year guidance, calling for core earnings of $9.33 per share and net revenue of $29 billion. The company also posted top and bottom line beats in the fiscal third quarter. Energy stocks – Crude oil futures jumped as the conflict between Israel and Iran escalated.

1 week ago | cnbc.com | Darla Mercado

Here are some of the stocks making the biggest moves in midday trading Monday. Meta Platforms – Shares of the social media giant jumped 2% after Meta said it would bring advertising to WhatsApp . The company will also start monetizing WhatsApp's Channels feature through search ads and subscriptions. MGM Resorts – The casino operator's shares advanced more than 7% after BetMGM LLC – which is jointly owned by MGM and Entain – updated its guidance for the full year.