This could weigh on tech and growth stocks, as higher borrowing costs could erode their future earnings.... This is the year that we will start to see quantitative tightening and that will favour value stocks, ” he said. While investors typically view a hawkish Fed with caution, equities have nevertheless tended to rise during past rate-hike cycles.... The ARKK Innovation ETF, which was the best performing equity fund of 2020, is already down some 11% year-to-date....

WASHINGTON— Hunger and food insecurity across the United States have dropped measurably over the last six months, but the need remains far above pre-pandemic levels.... Those potential setbacks include the advance of the Delta variant of the coronavirus, which has already delayed planned returns to the office for millions of employees and which could threaten school closures and other shutdowns as the nation enters the winter flu season.... Other obstacles include the gradual expiration of sev

NEW YORK: Some investors are looking for bargains in beaten-down growth and tech stocks, betting they will shine as the Federal Reserve( Fed) fights to slow the US economy and tame red-hot inflation. Growth stocks – which have trounced their valued-focused peers over the last decade –have borne the brunt of the Fed’s hawkish turn this year, with the Russell 1000 Growth index down more than 11% year-to-date, compared with a more-than 5% loss for the benchmark SP 500 index.By contrast, value stock