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Why the Fed Is Right to Bide Its Time on Rate Moves
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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 -
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 -
Fed’s Powell tests positive for COVID-19 for second time
Federal Reserve Chairman Jerome Powell contracted COVID-19 for the second time and is working from home while he recovers, the Fed said Friday.MarketWatch - Business -
Fed’s $7.3 trillion balance sheet is worrying the world’s largest asset manager. Here’s why.
Any moves to shorten the Federal Reserve’s asset holdings could potentially trigger a backlash in markets.MarketWatch - Business -
Why the Equal Rights Amendment Is Again a Hot Topic in New York
The proposed amendment to the State Constitution has become a divisive culture-war issue that encompasses abortion, discrimination and transgender athletes.The New York Times - Top stories - New York -
Why bitcoin and gold might be your move to keep your wealth safe
Both assets are far removed from government’s grasp.MarketWatch - Business -
Cowboys, Eagles not meeting in prime time for first time since 2006; why NFC East bout will finally air on CBS
Dallas and Philly will play on CBS for the first time since Oct. 31, 1993CBS Sports - Sports - NFL -
Why has the UN revised its Gaza death toll for women and children?
The UN says it is now relying on figures from the Hamas-run health ministry in Gaza.BBC News - Top stories -
Why Wayfair Is Opening Its First Brick-and-Mortar Store
The online furniture and home furnishings retailer will open a store in the Chicago suburbs on May 23. It's part of a plan to reach the many shoppers who still like to touch and test merchandise in person.Inc. - Business -
The NBA is picking its TV partners — and a deal hinges on Warner Bros. Discovery's next move
Warner Bros. Discovery's latest talks with the NBA could turn into a legal battle if the league decides to sign an agreement with NBCUniversal, sources said.CNBC - Business - NBA
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The 90-Year-Old Would-Be Astronaut Who Finally Gets His Chance at Space
Ed Dwight, the first Black man to train to be an astronaut six decades ago, is set to fly Sunday on Jeff Bezos’ Blue Origin rocket.The Wall Street Journal - World -
Hamas Took More Than 200 Hostages From Israel. Here's What We Know.
Israel says 124 hostages abducted on Oct. 7 remain in captivity in Gaza, including the bodies of at least 37.The Wall Street Journal - World - Israel -
Israel War Cabinet Member Sets Ultimatum and Threatens to Quit Government
Benny Gantz said he would quit the Netanyahu government on June 8 if the prime minister doesn’t present a plan for ending the war in Gaza and securing the enclave of more than 2 million Palestinians.The Wall Street Journal - World - Israel