City Minneapolis Financial News

19.07 / 16:31

UPS DOW Action NIFTY show Ahead of Market: 10 things that will decide D-Street action on Thursday

Here's how analysts read the market pulse: “Asian Development Bank retained forecasts for India's economic growth at 6.4% for FY24 and 6.7% for FY25, citing robust domestic demand that would continue to support the region's recovery. Nse Cash market volumes were lower as compared to recent averages. «Nifty remains in the strong uptrend.

12.07 / 13:03

COST UPS Insurance companies sue energy corporation after it was blamed for helping start Colorado wildfire

Dozens of insurance companies are suing Minneapolis-based Xcel Energy to recoup money paid out to homes and businesses lost in Colorado’s most destructive wildfire in 2021

12.07 / 11:41

UPS NASDAQ DOW NVIDIA inflation data Dow futures edge higher; key inflation data in the spotlight

Investing.com — U.S. stock futures rose slightly Wednesday, adding to the previous session’s gains ahead of the release of key inflation data, which could convince the Federal Reserve to shortly end its cycle of interest rate hikes.

12.07 / 03:21

Provident Target Action Rate Cut interest rate cut Fed's Bullard argues interest rate cut is 'insurance' against rising risks

The Gartman Letter Publisher Dennis Gartman on the outlook for Federal Reserve policy.

11.07 / 20:25

Booking Manufacturing Consumer prices, Beige Book, Fed speakers: 3 things to watch

Investing.com — Stocks rose on optimism about an inflation report for June that could convince the Federal Reserve to come to the end of its interest rate hikes sooner than later.

10.07 / 18:15

COST Discover Minnesota officials say error in tax cut bill could cost taxpayers $352 million, but promised a fix

Minnesota officials discovered an error in a tax cut bill lawmakers passed this spring that could cost taxpayers $352 million over the next two years, but state leaders promised to fix it before it would take effect

09.07 / 11:31

Target Reuters Booking JPMorgan Citigroup Chase week Top 5 things to watch in markets in the week ahead

Investing.com — U.S. inflation data for June will be in focus with the Federal Reserve all but certain to hike rates again later this month. Earnings season kicks off with results from big banks, while data out of China is expected to point to ongoing economic weakness. The Bank of Canada is expected to hike rates again and oil prices could be poised to break out to the upside.

07.07 / 16:49

Citi Cooper Maxim Northern Lights Northern Lights: See how to watch the nature's splendor in 16 states of US

northern lights, your wish may soon be fulfilled. Brace yourselves as the awe-inspiring aurora borealis could grace the skies over 16 U.S. states next Thursday, July 13. To increase your chances of witnessing this mesmerizing natural phenomenon, make sure to seek out areas with clear weather and minimal pollution.

05.07 / 21:05

UPS Citi Discover Orange AirPods Portable Urinal, but Make It Cool: Redesigns Change the Game for Health Products

Call it nursing-home chic. Incognito compression socks, lacy incontinence underwear and earplugs that look like earrings are among the new health products attracting younger customers who might otherwise avoid the category. These products have always been practical.

04.07 / 11:49

UPS Waters Polymetal copper Glencore moves to take full control of PolyMet, developer of Minnesota copper-nickel mine

Swiss commodities giant Glencore has moved to take full ownership of PolyMet Mining

29.05 / 02:59

Target CME Boeing Patrick rate hikes NOT Major central banks were expected to pause rate hikes soon. Now it's not so clear cut

The market has long been pricing in interest rate cuts from major central banks toward the end of 2023, but sticky core inflation, tight labor markets and a surprisingly resilient global economy are leading some economists to reassess.

25.05 / 09:53

Citi Man John McCalla-Leacy: ‘I was the only Black person on the main board of the Big Four ever’

It’s been nearly three years since George Floyd, a 46-year-old Black man, was murdered by a 44-year-old white police officer in Minneapolis, Minnesota, in the US.

22.05 / 12:49

Target CME end Fed's Kashkari says a June pause on rates wouldn't indicate an end to hiking cycle

Minneapolis Federal Reserve President Neel Kashkari on Monday said he's open to holding off on another interest rate hike next month, but cautioned against reading too much into a pause.

15.05 / 22:25

CBDC regulation Federal Reserve Minneapolis Fed president Kashkari weighs in on CBDC: ‘Handwaving word salad’

President of the Minneapolis Federal Reserve Bank Neel Kashkari participated in a fireside chat at the Minnesota Transportation Conference & Expo on May 15. While he spoke mostly about topics unrelated to cryptocurrency and blockchain, he gave a blunt assessment of central bank digital currency (CBDC) during the Q&A after his presentation.

30.04 / 02:51