Noting that inflation has cooled but „remains well above“ the Fed’s 2% target, Powell said the central bank still has more work to do.
Schlagwort-Archiv: Markets
Stocks making the biggest moves premarket: Spotify, FedEx, Tesla, Coinbase and more
These are the stocks posting the largest moves in premarket trading.
Business in China is getting harder for European companies despite the end of Covid controls
European businesses in China are finding it harder to operate in the country, even after it has re-opened from Covid, the EU Chamber of Commerce in China said.
Chinese EV maker Nio raises more than $700 million in capital injection from Abu Dhabi
Chinese electric car company Nio announced Tuesday it received $738.5 million in new capital from a fund owned by the Abu Dhabi government.
Stocks making the biggest premarket moves: Alibaba, Dice Therapeutics, Avis and more
These are the stocks posting the largest moves in the premarket.
Blinken says he failed to revive military-to-military talks with China
U.S. Secretary of State Antony Blinken said Monday he failed to revive military-to-military communication with China, despite hopes of reopening it.
Bank of England’s conundrum deepens as inflation and labor market stay hot
The Bank of England is „caught between a rock and a hard place“ as it prepares for a key monetary policy decision.
This investment manager is looking to bridge the racial wealth gap
Economic freedom has been more elusive for Black people. Veteran portfolio manager Jim Casselberry is trying to do something about that.
TipRanks reveals the top 10 Wall Street industrial sector analysts
TipRanks‘ analyst ranking service ranks the top Wall Street firms of the past decade.
Blinken meets Chinese Foreign Minister Qin Gang on high-stakes diplomatic trip to Beijing
The trip by Blinken makes him the highest-level American official to visit China since Joe Biden became U.S. president.