County Powell Financial News
23.05 / 21:43
markets
security
Netflix
film
Universities
Features
rights
Monsanto: See what we know so far about plot, cast and production
Netflix has secured the rights to John Lee Hancock's legal drama «Monsanto,» featuring a star-studded cast led by Glen Powell, Anthony Mackie, and Laura Dern. The film, acquired at the Cannes film market, follows the true story of attorney Brent Wisner (Powell) as he takes on chemical giant Monsanto on behalf of client Dewayne «Lee» Johnson (Mackie), a groundskeeper who used the company's weed killer Roundup. Dern portrays Dr. Melinda Rogers, Monsanto's chief toxicologist. Production
14.05 / 23:23
markets
economy
wellness
reports
Department
patient
NOT
Fed's Powell says confidence that inflation will slow is 'not as high' as before
Wells Fargo CIO for Wealth & Investment Management Darrell Cronk says the April labor data was exactly what the Fed wanted to see on 'Making Money.'
07.05 / 02:45
markets
UPS
Waves
MSCI
Nikkei
Trade
Rate Cut
rate cut bets
Asia shares rise on rate cut bets; RBA seen turning hawkish
Asian shares made 15-month highs on Tuesday on renewed confidence of U.S. interest rate cuts, while traders waited on a policy meeting in Australia later in the day and had a close eye on a falling yen. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3% in early trade. Hong Kong shares traded marginally lower, having ridden a wave of heavy buying from mainland investors to lift the Hang Seng index more than 14% higher in a 10-day winning streak, its longest since 2018.
02.05 / 18:21
Target
Ball
security
WhatsApp
Sunrisers Hyderabad beat Rajasthan Royals by just one run
Sunrisers Hyderabad snatched victory from the jaws of Rajasthan Royals on Thursday, winning by just one run. At the brink of defeat, SRH secured the victory on the very last ball, handing the table-toppers their second defeat in the tournament. The victory came on the last ball of the match, when Bhuvneshwar Kumar trapped Rovman Powell in front of the stumps, denying the Royals the one run needed to draw the match. Earlier, skipper Pat Cummins won the toss and opted to bat against Rajasthan Royals in their Indian Premier League (IPL) match at Hyderabad on Thursday.
01.05 / 11:45
01.05 / 03:09
markets
COST
Target
economy
show
reports
Fed to signal delay of interest-rate cuts after higher than expected inflation
Federal Reserve officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for cuts in the near future after higher-than-expected inflation. The Federal Open Market Committee will hold the target range for its benchmark rate at 5.25% to 5.5% — a two-decade high first reached in July — at the conclusion of its two-day policy meeting Wednesday. The rate decision, and possibly an announcement on the pace of its balance-sheet reduction program, will be released at 2 p.m. in Washington. Chair Jerome Powell will hold a press conference 30 minutes later.
04.04 / 19:15
markets
CEO
security
Research
Experts
reports
Rate Cut
Gold consolidates at all-time high on US Fed rate cut hopes, China data; silver near 3-year high mark
record high of $2,304.09 earlier in the day. US gold futures declined 0.3 per cent to $2,308.30. Spot silver fell 1.2 per cent to $26.88 per ounce after hitting its highest since June 2021 --nearly a three-year high.
30.03 / 13:33
markets
COST
Target
economy
Powell says Fed wants to see 'more good inflation readings' before it can cut rates
Federal Reserve Chair Jerome Powell reiterated a message he has sounded in recent weeks: While the Fed expects to cut interest rates this year, it won’t be ready to do so until it sees “more good inflation readings’’ and is more confident that annual p...
29.03 / 18:15
markets
COST
Target
Food
show
reports
US inflation rises moderately at 0.3% in February even as consumer spending jumps; Fed rate cuts on table
Also Read: Fed need not be in hurry to cut rates, inflation data within expectations: Jerome Powell In the 12 months through February, PCE inflation --which strips out the volatile food and energy components, advanced 2.5 per cent after increasing 2.4 per cent in January. The data for January was revised higher to show the PCE price index climbing 0.4 per cent instead of 0.3 per cent as previously reported. Goods prices rose 0.5 per cent last month, boosted by a 3.4 per cent jump in the cost of gasoline and other energy products.
25.03 / 12:09
markets
UPS
Target
DOW
Apple
Cycling
reports
Apple's Baidu Link, Nissan sales, STOXX 600 growth - what's moving markets
Investing.com — Apple has been linked with Baidu over using the Chinese internet giant’s AI models in China, while Nissan (OTC:NSANY) launches a new three-year business plan. Goldman turns more positive on European equities, while Wall Street looks set to start the new week on a negative note.
24.03 / 13:05
markets
COST
UPS
Reuters
Remark
Food
Top 5 things to watch in markets in the week ahead
Investing.com — Investors will be looking ahead to data due out when markets are closed on Friday for the latest read on U.S. inflation. Several Federal Reserve officials, including Chair Jerome Powell, are slated to speak and their comments will be closely watched after last week’s dovish remarks by the Fed head. Here’s what you need to know to start your week.
21.03 / 03:43
markets
Target
economy
Nikkei
Trade
track
Rate Cut
Asian stocks
Asian stocks surge as Fed keeps rate cut hopes alive; Nikkei at record high
Investing.com-- Most Asian stocks rallied on Thursday, with Japan’s Nikkei 225 hitting a record high after the Federal Reserve kept interest rates steady and said it was still considering at least three rate cuts in 2024.
20.03 / 21:57
18.03 / 22:43
18.03 / 09:05
markets
UPS
Target
Progressive
economy
Experts
Updates
Federal Reserve meet in focus: Will the Fed give clear signals on rate cuts? Top experts weigh in
US inflation rises to 3.2%, dampens hope of Fed's interest-rate cut until June However, Powell in his comments to US lawmakers earlier this month said the central bank expects to reduce its benchmark interest rate later this year even though the continued progress on lowering inflation to the two per cent target “is not assured". Read more: US Fed signals rate cuts in 2024; Powell says progress towards 2% inflation target ‘not assured’ Mint talked to several analysts on what they expect from the Fed policy outcome this time and how it can impact market sentiment.
12.03 / 05:27
08.03 / 13:03
BLOCK
Digital
Citizens
Research
track
recommendations
politician
US digital dollar is “nowhere near” development, says Federal Reserve chair
Powell said that the Fed were not close to implementing a digital dollar, as it has no interest in a system that would require user data, saying that the US government would not back a service where the government would be able to see and monitor citizens’ transactions.
08.03 / 11:01
CBDC
Fed
Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy
The U.S. Federal Reserve Chair Jerome Powell has made it clear to the Senate Banking Committee that the Fed has no imminent plans to launch a central bank digital currency (CBDC).
07.03 / 11:03
markets
UPS
economy
Remark
reports
Commentary
economic data
Nasdaq, S&P 500 futures inch up ahead of more economic data, Powell testimony
(Reuters) — S&P 500 and Nasdaq futures edged higher on Thursday ahead of more economic data and commentary from Jerome Powell after the Federal Reserve chair stuck to the script overnight by saying the central bank still expects to cut rates later this year.
07.03 / 11:03
06.03 / 20:07
markets
Target
Progressive
economy
Sustainability
Election
Updates
Powell's Testimony: A Cautious Fed Amidst Inflation and Growth Challenges
Quiver Quantitative — Federal Reserve Chair Jerome Powell, in his recent testimony before the House Financial Services Committee, conveyed a cautiously optimistic outlook for the U.S. economy, emphasizing that it's not on the brink of recession. However, he expressed uncertainty about the timeline for rate cuts, acknowledging the need for further progress on inflation. This stance comes as Powell and other Fed officials grapple with balancing the goals of sustaining economic growth and achieving the Fed's 2% inflation target. With the current unemployment rate at 3.7%, the central bank aims for a 'soft landing' where the economy continues to grow without spurring inflation.
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