Market veteran Howard Marks says Fed is 'not going back' to ultra low rates
Sort by
647 items
Filter
Items per page
-
Fed’s Mester says forecast of 3 rate cuts this year is now probably too many
“I was on the record before saying I was at the median [forecast] which was three,” Loretta Mester said Monday. “The developments I’ve seen in the economy right now, I would not think that that’s still appropriate.”MarketWatch - Business -
The Fed's Miracle Is Finally Back on the Table
Inflation is lower after months of hot readings, and investors love it.Inc. - Business -
Jamie Dimon says JPMorgan stock is too expensive: 'We're not going to buy back a lot'
JPMorgan Chase has seen its shares surge 40% over the past year, reaching a 52-week high on Monday before Dimon's comments dinged the stock.CNBC - Business -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
Last pandas in the U.S. are going back to China
The last pandas in the U.S. --four at Zoo Atlanta -- will soon be heading back to China this fall as a loan agreement expiresCBS News - Top stories - China -
Treasury yields dip after rising for three days in a row on Fed rate-cut caution
Bond yields fell early Tuesday as investors eyed another batch of comments from Federal Reserve officials.MarketWatch - Business -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
Crockett on Greene clash, 'going high': Not sure we can call it a low — 'She goes to hell'
Rep. Jasmine Crockett (D-Texas) said Friday night she wasn't sure she could call Rep. Marjorie Taylor Greene's (R-Ga.) behavior in a clash between the two during a House Oversight hearing "a low," when responding to a CNN anchor's question on ...The Hill - Politics -
Auto incentives are back — but high interest rates weaken deals for buyers
Incentives are coming back to the auto market, but interest rates remain high, corroding the benefits for buyers. Here are three things shoppers can do.CNBC - Business -
Fed likely to keep a $6.8 trillion balance sheet by December, says Barclays
Another lasting facet of the pandemic looks to be a very large Federal Reserve balance sheet.MarketWatch - Business - Federal Reserve -
Lowe’s stock rises after retailer tops earnings estimates and backs full-year guidance
Lowe’s Cos. Inc.’s stock rose 2.2% premarket Tuesday, after the home-improvement retailer posted better-than-expected first-quarter earnings as a decline in big ticket spending was partially offset by positive performance in Pro and online.MarketWatch - Business -
Ryanair said it plans to buy back about $760.9 million worth of shares after an increase in the Irish low-cost carrier's earnings.
Ryanair said it plans to buy back about $760.9 million worth of shares after an increase in the Irish low-cost carrier’s earnings.The Wall Street Journal - World -
ECB's Schnabel Says Second Rate Cut in July 'Does Not Seem Warranted'
The European Central Bank should move cautiously after delivering a first rate cut in June, a member of its executive board said in an interview.The Wall Street Journal - World -
BoE could be close to cutting rates as inflation eases says deputy governor
Ben Broadbent believes direct effects of pandemic and war in Ukraine have now ‘faded’Financial Times - Business -
Summer interest rate cut possible, says Bank deputy
Ben Broadbent's comments come ahead of data which is expected to show a fall in inflation.BBC News - Top stories -
UK has room for three rate cuts this year, IMF says
The international body upgrades its UK growth forecast and says rates could fall to 4.5% by the end of 2024.BBC News - Top stories - United Kingdom -
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.The Wall Street Journal - World -
Robert Gates says "I'm not even going to begin to go there" about voting for Trump in 2024
Former Defense Secretary Robert Gates, who is currently the chancellor at William and Mary College, tells "Face the Nation" that "I'm not even going to begin to go there" about voting for former President Donald Trump in 2024, who he has written ...CBS News - Top stories - Donald Trump -
Fed’s Mester says her businesses contacts are sensing the economy is stronger than anticipated
Business contacts in the Midwest are starting to become much more upbeat about where the economy is going, Cleveland Federal Reserve Bank President Loretta Mester said on Thursday.MarketWatch - Business -
Fed’s Barkin says consumers are driving inflation. Here’s what they’re willing to pay more for.
The service sector “has changed their view” and believes consumers will accept higher prices and are going to raise them until households balk.MarketWatch - Business -
Howard Dean won't run for Vermont governor
Former Vermont Gov. Howard Dean (D) dashed speculation about another gubernatorial run Monday, deciding against a bid to challenge Republican Gov. Phil Scott. “In theory, this is a winnable race. But I’ve been in state and national politics for a ...The Hill - Politics -
An NBA Veteran Helps Stutterers
Michael Kidd-Gilchrist has been a one-man champion for speech therapy.The Wall Street Journal - World - NBA -
Ultra-processed US foods are ultra-bad for you. Here’s what to know
A growing number of grocery-store foods, from fruit-flavored yogurts to packaged bread, are being tied to health concerns. What are those weird ingredients in our favorite packaged foods?Shopping for yogurt, bread and granola bars might feel like ...The Guardian - World -
Sunak says infected blood inquiry report marks a ‘day of shame for British state’ and offers ‘unequivocal apology’ – UK politics live
PM gives statement following report that found ‘subtle, pervasive and chilling’ cover-up by NHS and government. GB News has described the Ofcom ruling against it today (see 10.51am and 11.01am) as an “alarming development” that should “terrify” ...The Guardian - World - United Kingdom -
BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
Crockett says she doesn't regret comments hitting back at Greene
Rep. Jasmine Crockett (D-Texas) said Sunday that she does not regret insulting Rep. Marjorie Taylor Greene (R-Ga.) after the two lawmakers clashed during a House committee hearing last week. "I don't, because here's the thing. I signed up to be a ...The Hill - Politics -
Nine arrested in Russia-backed sabotage plot, says Polish PM
Donald Tusk accuses suspects of ‘beatings and arson’ in Poland and other EU statesFinancial Times - World - Russia -
Gold, silver and platinum's red-hot rally still has further to go, strategists say
Gold, silver and platinum prices have been on a tear so far this year. Strategists say it's not over yet.CNBC - Business -
Diana Taurasi says Caitlin Clark's game is 'going to translate' after predicting her early struggles
The Mercury star's comment that "reality is coming" for Clark and other rookies took on a life of its own.Yahoo Sports - Sports -
Russian theater director and playwright go on trial over a play authorities say justifies terrorism
A Russian court on Monday opened the trial of a theater director and a playwright facing charges of justifying terrorism over a play they staged, the latest step in the unrelenting crackdown on dissent in Russia that has reached unprecedented ...ABC News - Top stories - Russia -
Russian theater director and playwright go on trial over a play authorities say justifies terrorism
A Russian court has started the trial of a theater director and a playwright facing charges of justifying terrorism over a play they staged, the latest step in the unrelenting crackdown on dissent in Russia that has reached unprecedented levels ...ABC News - Entertainment - Russia -
Markets underestimate geopolitical risk as raft of elections looms, ECB's De Guindos says
The European Central Bank's Financial Stability Report said that interest rate expectations have created the "potential for outsized market reactions."CNBC - Business -
Rents just surged 10% in this affordable housing market. It was ‘bound to happen,’ one economist says.
Renters are swapping high-cost cities with expensive rentals for more affordable markets, a Redfin report found.MarketWatch - Business -
What killed Red Lobster? Endless shrimp, above-market leases, labor costs, and inflation, says new CEO
Red Lobster’s new CEO pins the blame for the company’s bankruptcy on a host of factorsMarketWatch - Business -
Ryanair to buy back $760 million in shares after earnings rise, says more passengers depends on Boeing delays
Ryanair Holdings plans to buyback 700 million euros ($760.9 million) worth of shares after a rise in earningsMarketWatch - Business -
Auburn running back Brian Battie on ventilator after weekend shooting in Florida, coach says
Auburn running back Brian Battie has been hospitalized following a weekend shooting in Sarasota, Florida, where his brother was killed and three others injuredABC News - Sports -
SVS Ultra Evolution Review: Clean Looks, Refined Sound
SVS reimagined its Ultra series speakers for premium style and sound.Wired - Tech -
Intel’s Thunderbolt Share unlocks ultra-fast PC-to-PC experiences
Intel is unlocking ultra-fast PC-to-PC experiences in a secure way using Thunderbolt Share.VentureBeat - Tech