4 monthes ago | By CNBC
Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead.
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4 monthes ago | By Star Tribune
Stocks are wavering in early trading on Wall Street ahead of a speech by Jerome Powell, the chair of the Federal Reserve, on the outlook for the economy and inflation. Treasury yields were higher and crude oil prices rose. The S&P 500 index was hovering around the breakeven line after the first few minutes of trading Wednesday. The tech-heavy Nasdaq was up 0.3% and the Dow Jones Industrial Average fell 0.2%. European markets were trading higher and Asian markets closed mixed overnight. The yield on the 10-year Treasury note, which influences mortgage rates, rose to 3.77%.
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4 monthes ago | By Business Insider
Federal Reserve Chair Jerome Powell Win McNamee/Getty Images US stocks were up on Wednesday as investors await a speech from Fed Chairman Jerome Powell. He is expected to strike a hawkish tone as the Fed continues its fight against inflation. Third-quarter GDP growth was revised upwards to 2.9% from 2.6%, while ADP payroll data missed estimates. US stocks were up in early Wednesday trades as investors await a speech from Federal Reserve Chairman Jerome Powell later this afternoon. He is expected to strike a hawkish tone as the Fed continues its fight against inflation, though the central...
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Jimin and Pay are the only K-pop soloists to hit the top 10 in the U.K. Read more ...
The four-time NBA MVP will no longer have a blue check on Elon Musk's Twitter after the company axes its legacy verification program Saturday. Read more ...
On Thursday, Marty Walsh met with the media for the first time in his new role as executive director of the NHL Players' Association. Read more ...
The types of preventive services covered under Obamacare can range from screenings for certain types of cancers to HIV prevention drugs. Read more ...
An under-the-radar change to the way regional banks are supervised may have helped the bank's rapidly growing risks to go unresolved. Read more ...
Protests have been largely non-existent so far despite Trump warning of “death & destruction” if he is indicted. Read more ...
The stock market's October low likely represented the bottom of the bear market, according to Fundstrat. That's because 50% of bear markets since 1950 have bottomed in the... Read more ...
The best gaming mouse pad can offer more control, plus protection for your desk. Insider It takes a lot to build a great PC gaming system. But while powerful processors... Read more ...