Chuck Jaffe Someone Needs to Tell Jerome Powell That This Is Not A Kill at All Costs Mission Cut Interest Rates Now to Prevent A Full Blown Banking Crisis
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Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
A senior UN official says northern Gaza is now in 'full-blown famine'
A top U.N. official says hard-hit northern Gaza is now in “full-blown famine” after more than six months of war between Israel and Hamas and severe Israeli restrictions on food deliveries to the Palestinian territoryABC News - Health - United Nations -
Middle East crisis live: Rafah operation could result in ‘slaughter’, UN official says
UN humanitarian office spokesman says hundreds of thousands of lives could be at risk and there would be a huge impact on aid operations. Daniel Hurst is Guardian Australia’s foreign affairs and defence correspondent.. The Australian government ...The Guardian - World -
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
World Food Programme Director Cindy McCain: Northern Gaza is in a 'full-blown famine'
Cindy McCain, the executive director of the World Food Programme, said she believes there is a "full-blown famine" in northern Gaza.NBC News - Top stories -
HSA costs you need to watch out for — and when not to worry
Health savings accounts are powerful tax-advantaged tools to pay for healthcare, but there are hidden fees that could cost consumers some of their savings, the Consumer Financial Protection Bureau warns.MarketWatch - Business -
Renewed hope for rate cuts and a big day for tech shares boosted the Dow, S&P 500 and Nasdaq 1.2%, 1.3% and 2%, respectively, on Friday. All three major indexes rose for the week.
Renewed hope for rate cuts and a big day for tech shares boosted the Dow, S&P 500 and Nasdaq 1.2%, 1.3% and 2%, respectively, on Friday. All three major indexes rose for the week.The Wall Street Journal - World