Powell Says Data Will Determine Size of Next Rate Increase
Sort by
Date
Items per page
-
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.CNBC - Business -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Ukraine to increase long-range strikes in Russia, says UK defence chief
Admiral Sir Tony Radakin tells the FT fresh military aid will help Kyiv reshape ‘difficult’ land fight against MoscowFinancial Times - Business - Ukraine -
Aid into Gaza increased after Israel killed 7 workers, but groups say they're not celebrating
After Israeli strikes killed seven World Central Kitchen workers, aid convoys have entered northern Gaza for the first time since the start of the war.NBC News - Top stories - Israel -
Russian attack on NATO would end in defeat for Moscow, Polish foreign minister says, but NATO must increase its defenses
Russian attack on NATO would end in defeat for Moscow, Polish foreign minister says, but NATO must increase its defensesABC News - World - Russia -
This isn’t ‘some brink’ for the U.S. consumer despite concerning economic data, says TCW
A resilient consumer isn’t likely to turn into a wrecking ball for the U.S. economy, according to Peter Van Gelderen at TCW.MarketWatch - Business -
ECB will need more rate cuts if Fed holds back, says policymaker
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costsFinancial Times - Business - Federal Reserve -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
Roundtable: Which players are our experts determined to roster?
The fantasy experts list the players they are going out of their way to roster this season.ESPN - Sports -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Stripe co-founder says high interest rates flushed out Silicon Valley's 'wackiest' ideas
Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.CNBC - Business -
Dodgy data: what not to trust
Doubts over the credibility of economic and corporate statisticsFinancial Times - World -
Forest row shows size of task refs face in adapting to demands of VAR era
Is refereeing really in crisis, and what's being done about it?ESPN - Sports -
What happens next to TikTok
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story What happens next to TikTok President Biden signed a bill Wednesday that could lead to a ban on TikTok, but the video-sharing app won’t be cut off from ...The Hill - Politics - Tiktok -
An optimist’s guide to the next Labour government
Political stability, catch-up growth and better luck would make 2024 a good election to winFinancial Times - Business -
Hunt defends job cuts to increase defence spending
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.BBC News - Top stories -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - World -
Chicago's 'rat hole' removed after city determines sidewalk with animal impression was damaged
CHICAGO — The “rat hole” is gone.NBC News - Top stories -
Colorado Bill Aims to Protect Consumer Brain Data
In a first, a Colorado law extends privacy rights to the neural data increasingly coveted by technology companies.The New York Times - Science -
Comex Gold, Silver Settle Higher
Gold settled 0.2% higher, snapping a three-session losing streak, and silver rose nearly 0.1%, up two of the past three sessions.The Wall Street Journal - World -
Despite the Watch World’s Secrecy, Data Services Expand
Swiss brands and retailers now have a few options to determine what’s happening with the industry. Just a couple of years ago, they had almost none.The New York Times - Lifestyle -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Stocks, Bonds Tumble After Economic Data Release
Slowing growth, stubborn inflation drive a broad-based decline in shares.The Wall Street Journal - World -
What’s next for TikTok after Biden approves ban
Video app vows legal battle to prevent effort to separate it from Chinese parentFinancial Times - Business - Joe Biden -
Fallout 4 Next Gen Update Comparison
The Fallout 4 Next Gen update is here. We’ve gone hands on with the game on Xbox Series X, with footage of before the patch on the left and after the patch on the right. While the game has received a resolution increase, and seemingly somewhat ...GameSpot - Tech -
Trump’s Immunity Claim Joins His Plans to Increase Executive Power
The former president is asking the Supreme Court to put the presidency above criminal law as he pursues a broader agenda of expanding the office’s power should he win the election.The New York Times - Top stories - Donald Trump -
Lawmakers push Wall Street giveaway disguised as increased worker security
If members of Congress want to improve retirement security, they should expand Social Security rather than Wall Street-favored individual savings and investment schemes.The Hill - Politics -
German retirees will get an inflation-busting pension increase this year
Germany’s Cabinet has approved a 4.57% rise in retirees’ pensionsfrom this summer, an increase that is well above the current inflation rateABC News - World - Germany -
Jeremy Hunt defends civil service job cuts to increase defence spending
Yahoo News - World - United Kingdom -
Meta value falls $190bn as investors react to plan to increase spending on AI
Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow before Meta could make much revenue from products. Business live – latest updatesShares in Meta slumped 15% when Wall Street opened on Thursday, wiping about $190bn off ...The Guardian - World -
‘Privileged access’: pro-plastic lobbyists at UN pollution talks increase by a third
Fossil fuel and petrochemical campaigners at Ottawa summit outnumber scientists, EU and Indigenous delegates. The number of fossil fuel and petrochemical industry lobbyists has increased by more than a third at UN talks to agree the first global ...The Guardian - World -
California Rule Seeks to Limit Health Cost Increases to 3 Percent
The stateHealth Care Affordability Board wants to cap annual health care price hikes with new five-year plan.Inc. - Business - California -
Acrivon Therapeutics’ shares climb 14% on plans to present cancer-test data
Shares of Acrivon Therapeutics advanced in post-market trading after the biopharmaceutical company said it would present clinical trial data in connection with a biomarker test for ovarian and endometrial cancers.MarketWatch - Business -
Better risk data should boost confidence in emerging markets
New figures show that default and recovery rates compare favourably with other debt asset classesFinancial Times - World -
Abortion Data Wars: States and Cities Debate How Much Information to Collect
Some states with Republican-controlled legislatures want more data, while some controlled by Democrats want less, fearing it could be used to target patients or providers.The New York Times - Health - Abortion -
CARV raises $10M to build out modular data layer for gaming and AI
CARV announced that it's raised $10 million in funding to expand its modular data layer for gaming and AI.VentureBeat - Tech -
Does a fixed-rate HELOC make sense in today's elevated rate environment?
There are benefits to considering a fixed-rate HELOC in today's economic climate, but there are downsides, too.CBS News - Top stories -
Biden Signed a Bill That Could Ban TikTok. Here’s What Happens Next.
President Biden has signed the bill to force a sale of the video app or ban it. Now the law faces court challenges, a shortage of qualified buyers and Beijing’s hostility.The New York Times - Top stories - Joe Biden -
Biden Signs TikTok Ban Bill Into Law. Here’s What Happens Next.
President Biden has signed the bill to force a sale of the video app or ban it. Now the law faces court challenges, a shortage of qualified buyers and Beijing’s hostility.The New York Times - Tech - Joe Biden