Fed Surprised Markets Only by Quantitative Tightening Adjustment
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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 -
German court says government must tighten climate protection plan
Yahoo News - World - Climate -
Nashville fires Smith, only coach in team history
Nashville SC has fired Gary Smith, the only head coach in franchise history.ESPN - Sports - Tennessee -
Black holes observed colliding when universe was only 740m years old
Glimpse of galactic merger, via James Webb telescope, may explain presence of monster black holes. A pair of black holes has been observed colliding in the ancient universe for the first time. The observations, by the James Webb Space Telescope, ...The Guardian - World -
PGA Championship Round 1 live updates: Xander Schauffele sets course record, grabs early lead
Xander Schauffele is now the first player to ever shoot a 62 multiple times in a major championship.Yahoo Sports - Sports -
Hunt to claim only Tories will cut UK tax burden after the election
Chancellor to attack Labour in keynote speech after canvassing tech bosses’ views on growth measuresFinancial Times - Business - United Kingdom -
The Fed's Miracle Is Finally Back on the Table
Inflation is lower after months of hot readings, and investors love it.Inc. - Business -
Knicks ‘not surprised’ Alec Burks has stepped up when they’ve needed it most
After falling out of the rotation, Alec Burks has stepped up tremendously for the injury-plagued Knicks in their last few postseason games, and his teammates and coaches aren't surprised.Yahoo Sports - Sports -
2024 NASCAR All-Star Race picks, odds, lineup, time: Model shares surprising North Wilkesboro Speedway picks
SportsLine simulated the 2024 NASCAR All-Star Race 10,000 times as the NASCAR Cup Series returns to North Wilkesboro SpeedwayCBS Sports - Sports - NASCAR -
Thierry Henry surprises protege Marcus Thuram: How Arsenal legend and Inter star are connected
The French international was surprised by Thierry Henry on CBS Sports Golazo Network's Morning FootyCBS Sports - Sports -
From Deep Positional Recap: Jordan Poole not only one of the biggest misses at SG, but the whole fantasy year
Fantasy basketball analyst Dan Titus continues his positional exit interviews with the shooting guards.Yahoo Sports - Sports -
Basic Materials Roundup: Market Talk
Read about SPDR Gold shares, base metal prices, KGHM and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Financial Services Roundup: Market Talk
Read about Canada Mortgage and Housing Corp., Allianz, ABN Amro and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
Gold Edges Higher, Supported by Fed Rate-Cut Hopes
Gold edged higher in early Asian trade, supported by hopes for Fed rate cuts which would enhance the allure of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve -
Oil Edges Higher, Aided by Fed Rate-Cut Prospects
Oil edged higher in early trade, aided by prospects of Fed rate cuts which would help support the U.S. economy and energy demand.The Wall Street Journal - World - Federal Reserve -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
Tech, Media & Telecom Roundup: Market Talk
Find insights on Cummins, Lightspeed Commerce, Take-Two Interactive Software, and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
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 -
Some data in the market-moving CPI report was released early by the Labor Department
Information about Wednesday's critical consumer price index release circulated early on the Bureau of Labor Statistics website.CNBC - Business -
Dow hits 40,000 for the first time as bull market accelerates
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.CBS News - Top stories -
US green energy push expected to generate $47bn market in tax credits
Oil companies, banks, private equity and others partner with renewables developers to offset liabilitiesFinancial Times - World -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business