CNBC’s Jim Cramer said that Powell basically signaled, „‚Hey guys, just go. Go get the economy back. I am not going to get in the way of it.'“
Schlagwort-Archiv: CNBC
Klarna, Europe’s $5.5 billion fintech, sees losses rise sevenfold in the first half
Klarna is mostly known for its „buy now, pay later“ scheme that offers shoppers interest-free financing over a period of installments.
Powell announces new Fed approach to inflation that could keep rates lower for longer
The Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy.
Jared Kushner praises Powell, says Fed chief ’stepped up to the plate‘ during coronavirus crisis
Fed Chairman Jerome Powell has „done a lot of the right things to make sure that the market was able to get through the crisis,“ the senior Trump advisor told CNBC on Thursday.
Stocks making the biggest moves in the premarket: Tiffany, Abercrombie & Fitch, Abbott Labs & more
The stocks making the biggest moves in premarket trading include Tiffany, Abercrombie & Fitch, Abbott Labs, and more.
NYSE gets approval for cheaper IPO alternative for companies amid SPAC boom
The SEC approved a new type of direct listing where companies can simultaneously go public and raise cash from public market investors.
Tiffany beats profit estimates, signals recovery after pandemic blow
The U.S. jeweler said worldwide sales in August so far were slightly higher than a year earlier, as the rebound in second-quarter revenues in China extended into the current quarter.
HSBC launches new funds targeting niche ’natural capital‘ industry, hoping to take it mainstream
The new venture is aiming to make ’natural capital‘ its own asset.
New blank-check company from Bancorp founder lays groundwork for a fintech deal
A new $750 million special purpose acquisition company, or SPAC, is listing on the Nasdaq Wednesday with the goal of buying a global fintech company.
Stocks making the biggest moves in the premarket: Dick’s Sporting Goods, Apple, Salesforce & more
The stocks making the biggest moves in premarket trading include Dick’s Sporting Goods, Apple, Salesforce, and more.