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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 05, 2017
Page
9
Market linked CDs blend stock market upside with CD safety and FDIC backing. They often have longer terms, returns tied to benchmarks like the S P 500, and may include a minimum guaranteed return or not. Traditional CDs pay fixed rates and hinder liquidity until maturity. In contrast, market linked versions suit risk averse savers seeking higher returns without current liquidity.
Amazon Tesla electric car maker reports disappointing fourth quarter deliveries with 24,883 produced and 22,200 delivered amid short term production challenges. Shares rose alongside a strong sector despite volatility. Price around 75,718 with intraday high 759.68 and low 754.20. The company plans private label clothing and continues Alexa enabled TVs.
Fed minutes from December indicate policymakers may raise rates faster than expected to counter lower unemployment and curb inflation. They forecast three hikes in 2017, up from two, as strong jobs gains and Trump stimulus risks raise growth and price pressures.
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