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
Disney, Netflix bask in the limelight at 2021 Golden Globes
Keep an eye on shares of Disney and $Netflix$ this morning, which emerged as the top winners atthe Golden Globes. The two studios won 15 of the prizes handed by the Hollywood Foreign Press Association in a broadcast hosted by Tina Fey and Amy Poehler. Things were also a little different this year as presenters and winners appeared remotely due to the COVID-19 pandemic.Outlook: In its most recent earnings call, Netflix also revealed that it had surpassed 200M global subscribers for the first time