IPO market is booming this September. Several small and mid-sized companies are launching IPOs before the end of the month. Twenty-five IPOs are expected this month. Many companies are rushing to avoid competition from larger firms in the next quarter. Nine IPOs have already opened, and more are scheduled.
Fed Governor Michael Barr signals more rate hikes needed to tame inflation
Federal Reserve Governor Michael Barr announced that additional rate hikes may be necessary to manage inflation. He indicated that while economic growth is strong, inflation