Fed Sees Two Rate Hikes by End of 2023, Inches Towards Taper
Thirteen of 18 officials see at least one rate hike in 2023
Powell says Fed to begin discussing scal
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- Do we really need these new products from Apple? Are these really innovative gadgets?Here’s everything Apple just announced: New iPad Pros, colorful iMacs, AirTags and more
Here’s everything Apple just announced: New iPad Pros, colorful iMacs, AirTags and more
Applejust held its first product launch event of the year, where it announced a colorful new iMac and an updated iPad Pro with 5G and the M1 chip that’s also used in the company’s desktop computers.Apple also announced an AirTag lost-device tracking gadget and a refreshed Apple TV 4K with a brand-new remote.Investors didn’t appear to be impressed by the news. Shares of Apple were down about 2% after the product event wrapped up.Here are some of the highlight announcements, but scroll down to see - Too big to fail will one day become too big to save...Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time
Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time
No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management. Its reach and operating practices were - These days virtual currency becomes "hard asset" people chase after. Virtual reality is real.A day will come when people will dump virtual currency to buy gold just like the four seasons. Virtual reality is virtual.What is virtual and what is real? It is but a dream...Gold falls below the $1,700 benchmark
Gold falls below the $1,700 benchmark
Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark -1.53%. Gold is down - Unexpected supply chain disruption which will cause short term price fluctuations and inconveniences.Suez Canal blockage is delaying an estimated $400 million an hour in goods
Suez Canal blockage is delaying an estimated $400 million an hour in goods
KEY POINTS Lloyd’s List calculates blockage is costing $400 million an hour. Lloyd’s values the can - Talking a ton of rubbish and printing tons of paper money for stimulus. Watch his actions, not his words.US economy looks to be strengthening: Fed chairman Jerome Powell
US economy looks to be strengthening: Fed chairman Jerome Powell
WASHINGTON (REUTERS) - The US economy is "much improved", Federal Reserve Chair Jerome Powell said o - Recovery in the stock market but not the real economy. Already too much debt and treasury bond interest is creeping up because supply exceeds demand.Powell says Fed will keep supporting economy ‘for as long as it takes’
Powell says Fed will keep supporting economy ‘for as long as it takes’
Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration o
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