Traders Silenced: CME To Close Most Futures Trading Pits

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Traders silenced: CME to close most futures trading pits

CHICAGO (AP) – Chalk up another victory of the machines over humans. The parent company of the Chicago Board of Trade and other exchanges is ending most trading involving people on the floor who establish prices by flashing hand signals and shouting at each other. CME Group said Wednesday it that it will close most of…

Morningstar Investment Conference: What To Do During The Fed Rate Hiking Cycle

Federal reserveThe U.S. Federal Reserve is treading carefully with raising rates amid the widespread economic, macro and geopolitical uncertainties sweeping around the world. The Fed raised its target level as high as 20% in the early 1980s to deal with runaway inflation, but we're a far cry from that today — a time when inflation threatens Read More

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