U.S. stock futures rose during the early hours of Thursday after the Federal Reserve signaled it would be aggressive on tapering and sees three interest rate hikes in 2022.
Schlagwort-Archiv: Financial
Former SpaceX engineer alleges in essay that company culture is ‚rife with sexism‘
A female former employee of Elon Musk’s SpaceX, in an essay published Tuesday, alleged that the space company’s workplace is „rife with sexism.“
China’s Xi reportedly backs Putin in Russia’s bid for security guarantees from the West
Chinese President Xi Jinping and Russian President Vladimir Putin spoke Wednesday amid rising international concern over tensions on the Russia-Ukraine border.
Stocks making the biggest moves premarket: Toyota, Vir Biotechnology, Eli Lilly and others
These are the stocks posting the largest moves before the bell.
China’s retail sales grow by 3.9% in November — slower than expected
China’s retail sales missed expectations in November, while industrial production beat, according to data from the National Bureau of Statistics out Wednesday.
Investor Peter Boockvar blames Fed policy ‚mistake‘ for surging housing and auto prices
Bleakley Advisory Group’s Peter Boockvar believes the Federal Reserve should have pulled back its pandemic aid policies much sooner.
Stock futures are little changed ahead of key Fed decision
The Fed will conclude its two-day policy meeting on Wednesday and the public will hear from Chair Jerome Powell.
Lowe’s shares fall as sales outlook disappoints, home improvement demand could cool
During an analyst meeting, Lowe’s Chief Financial Officer Dave Denton said the retailer is preparing for a „modest sector pullback in 2022.“
Morgan Stanley CEO says he was wrong on return-to-office push: ‚Everybody’s still finding their way‘
In June, Gorman told conference attendees that he would be „very disappointed“ if his workers hadn’t returned to Morgan Stanley buildings by Labor Day.
IMF warns Bank of England against inflation inaction ahead of key vote
The International Monetary Fund has urged the Bank of England to avoid „inaction bias“ as it gears up for a key vote Thursday on when to hike interest rates in the face of high inflation.