Yesterday's delivered what had been widely anticipated in previous weeks:The Fed decided to keep rates unchanged within the range of 5.25% to 5.5%.
Powell maintained a strong stance on inflation, aiming toward the 2% target.…
Hello, I am Bonnie Jenkins, the Under Secretary for Arms Control and International Security from the United States’s Department of State. I would like to thank Foreign Minister Bourita and the Kingdom of Morocco for their…
STORY: Adidas is getting over its breakup with Kanye West.The German sportswear giant parted ways with the rapper after he made antisemitic comments.That cost it big sales of his Yeezy line of sneakers.But on Wednesday the firm said its…
The PCE price index increased by 0.4% vs. an estimated 0.5% monthly. Likewise, the core PCE price index increased by 0.1% vs. an estimated 0.2%.
The Fed’s decision to maintain the interest rate within the 5.25 – 5.50% range at the…
Apisorn Like most investors, I have been following and investing in Apple Inc. (NASDAQ:AAPL) ever since I started my investing journey. Over the last 5 years, I have never had a "buy now, sell never" opinion on AAPL stock as I believed -…
Image source, PA MediaImage caption, The new Brexit deal was agreed by PM Rishi Sunak and European Commission President Ursula von der Leyen earlier this yearBy John CampbellBBC News NI economics and business editorThe implementation of…
US President Joe Biden told a climate heckler to "shush up" after they interrupted a speech he was giving in Arizona.Mr Biden was speaking at an event honouring the late Republican senator John McCain when the protester shouted that the…
The Fed’s “soft landing” hopes are likely overly optimistic. Such was the context of our recent report, which discussed the long record of the Fed’s economic growth projections. To wit:
“However, there is a problem with the Fed…