Stocks ended higher as investors noted the announcement from the Federal Reserve that it sees the jobless rate falling faster than originally anticipated and that it will keep interested rates at historic lows. In overseas news, Cyprus is in discussions with Russia for a loan, after the country’s parliament rejected the terms of a bailout from the EU.
Weekly mortgage applications fell 4% dropping for a second week in a row. The rise in mortgage rates is the main source of the downturn.
On Tuesday, March 19, executives of Visa, Inc. (NYSE: V), a global payments technology company, will visit the New York Stock Exchange (NYSE) to commemorate the five-year anniversary of Visa’s initial public offering.
To mark the occasion, CEO Charlie Scharf will ring The Opening Bell, accompanied by former CEO and current Executive Chairman Joseph Saunders and President John Partridge. The bell ringing will also highlight the leadership of Saunders and Partridge as they are set to retire on March 31.
About Visa, Inc. (NYSE: V):
Visa is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world's most advanced...
Last summer, Karen Busher, an elementary school teacher in Virginia, attended the NYSE Teachers Workshop. Here are Karen’s impressions of the week she spent at the NYSE.
In my 25 plus years as a public school teacher in rural Virginia, I had heard mention of the Stock Market Game (SMG) but it wasn’t until 3 years ago that I spent an afternoon at Virginia Tech to learn how my students could participate. Why I waited for so long, I...