Financials: This Week's Top News From the Financial Sector

<p>Here's what investors need to know about the latest interest rate increase, predictions of a major recession, and more.</p> <p>Intro: In this episode of <em>Industry Focus: Financials</em>, host Jason Moser and Fool.com contributor Matt Frankel, CFP take a look at several news stories that all investors should pay attention to. You'll hear about:</p> <ul> <li>The latest Federal Reserve rate hike and what it means for bank stocks.</li> <li>Venmo has surpassed ATMs in terms of transaction volume.</li> <li>How reliable are corporate projections from an investor's perspective?</li> <li>Projections of how bad the next recession will be, what could cause it, and how to prepare.</li> <li>Whether Visa Checkout and MasterPass are serious threats to PayPal or not.</li> <li>Our latest stocks to watch.</li> </ul>