Republicans Prepare To Challenge President Biden's Climate Law Republicans and Democrats clash over clean energy policies in the Inflation Reduction Act, with funding disparities in GOP districts. Top News · Nov 15, 2024
In US First, Pennsylvania Lawmaker Introduces State Bitcoin Strategic Reserve Act Pennsylvania Rep. Mike Cabell introduced the Pennsylvania Bitcoin Strategic Reserve Act, which will allow the state's treasury to invest up to 10% of the state's $7 billion fund into $BTC, utilizing the cryptocurrency as a hedge against inflation. International Business Times · Nov 15, 2024
Stock Index Futures Plunge as Fed Rate Cut Bets Wane, U.S. Retail Sales Data in Focus December S&P 500 E-Mini futures (ESZ24) are down -0.58%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.90% this morning after Federal Reserve Chair Jerome Powell indicated the central bank was in no rush to lower interest rates, while investors geared up for a flurry of U.S. economic data,… Barchart · Nov 15, 2024
Updated Stock Market Expectations The S&P 500 (SPY) has already reached an impressive goal of hitting 6,000. Yet you can see how much shares are struggling now up against this resistance. Steve Reitmeister shares his views on what comes next for the market and his top 10 stocks to stay on the right side… StockNews.com · Nov 14, 2024
Powell says Fed will likely cut rates cautiously given persistent inflation pressures Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next The Independent UK · Nov 14, 2024
Policymakers Defend Fed Independence Amid Concerns About Trump Era Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that President-elect Donald Trump may seek to influence Fed policy. International Business Times · Nov 14, 2024
Federal Reserve To Cut Interest Rates Slowly And Deliberately Federal Reserve Chair Powell's cautious approach to interest rate cuts and inflation monitoring for future monetary policy decisions. Top News · Nov 14, 2024
Dollar Strengthens on US Economic News and Hawkish Powell The dollar index (DXY00 ) Thursday rose by +0.43% and posted a new 1-year high. Thursday’s strength in US economic news may keep the Fed from aggressively cutting interest rates and is positive for the dollar. Weekly jobless claims fell to a 5-1/2 month low, and Oct PPI rose more... Barchart · Nov 14, 2024
3 Growth Stocks Under $10 That Analysts Predict Will Skyrocket Gradually lowering inflation and reducing borrowing rates have opened new and exciting doors for growth stocks. With a positive economic outlook, investors could keep a watchful eye on Esperion Therapeutics (ESPR), AngioDynamics (ANGO), and Fathom Holdings (FTHM) to capitalize on the growing economy. Continue Reading…. StockNews.com · Nov 14, 2024
Jo Johnson criticises past governments for legacy of poor university finances The former universities minister says it was an ‘abdication of responsibility by recent governments’ to not take action sooner over fees. Evening Standard · Nov 14, 2024
Dollar Climbs and Gold Falls on Hawkish US Economic News The dollar index (DXY00 ) today is up by +0.04% and posted a new 1-year high. Today’s strength in US economic news may keep the Fed from aggressively cutting interest rates and is positive for the dollar. Weekly jobless claims fell to a 5-1/2 month low, and Oct PPI rose... Barchart · Nov 14, 2024
Trump's Plans To Lower Grocery Prices Face Challenges Americans seek relief from rising food prices as experts caution on complex factors driving inflation. Top News · Nov 14, 2024
US wholesale inflation picks up slightly in sign that some price pressures remain elevated Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure The Independent UK · Nov 14, 2024
Stock market momentum: Can it continue? Economists warn that Trump's proposed tariffs and mass deportations could affect inflation rates Salon · Nov 14, 2024
The Independent UK · Nov 14, 2024 Council tax bills could rise by more than £100 next year as Labour keeps cap in place Households can expect inflation-busting bill increases from April after No 10 confirmed that the cap on increases will be frozen
Top News · Nov 14, 2024 Federal Reserve Official Defends Central Bank Independence Federal Reserve stresses importance of independence for sound policy decisions and economic outcomes amidst political pressures.
The Independent UK · Nov 14, 2024 Aviva insurance premiums jump amid ongoing price rises Insurers have been ramping up the cost of cover in recent years to counter soaring claims expenses.
Latin Times · Nov 14, 2024 Most Markets Drop As Traders Weigh Fed; Bitcoin Eases Bitcoin eased just below the $90,000 level it broke for the first time Wednesday when it hit a record $93,462, with observers expecting it to soon top $100,000 following pro-crypto pledges from the US president-elect.
Newslaundry · Nov 14, 2024 ‘Give with one hand, take with other’: In Mumbai slums, price rise vs Ladki Bahin appeal In the narrow lanes of Mumbai’s Govandi Shivaji Nagar slum, the smell of soap mingles with the humid afternoon air as women go about their daily routines of washing and cleaning. Among them is Savitra, perched on the steps outside her house, scrubbing utensil after utensil. But there’s caution not…
Barchart · Nov 14, 2024 Stocks Steady Before the Open With Focus on Key U.S. PPI Data and Powell Speech, Disney Earnings on Tap December S&P 500 E-Mini futures (ESZ24) are up +0.14%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.01% this morning as investors awaited crucial U.S. producer inflation data, remarks from Federal Reserve Chair Jerome Powell, and an earnings report from entertainment giant Disney.
Top News · Nov 14, 2024 Asian Markets Mixed Amid Dollar Strength And Inflation Concerns Asian markets show mixed performance due to U.S. inflation report and dollar strength. U.S. stocks close with slight gains. Cryptocurrency and oil markets ...
Evening Standard · Nov 14, 2024 FTSE 100 Live 14 November: Burberry revival plan fires up shares, Aviva and B&M rally The new boss of loss-making Burberry today vowed to “capture British wit and style” as part of his plan to revive the luxury goods group.
Reason · Nov 14, 2024 Trump's First Term Wasn't Fiscally Responsible. Will His Second Be Different? Even before the pandemic spending increase, the budget deficit was approaching $1 trillion. The GOP has the chance to embrace fiscal sanity this time if they can find the political will.
The Independent UK · Nov 14, 2024 Stock market today: Asian shares meander, tracking Wall Street's mixed finish as dollar surges Shares are mixed in Asia after a lackluster finish on Wall Street following a report showing an uptick in inflation in the U.S. last month
International Business Times · Nov 14, 2024 Asian Markets Mixed As Traders Weigh Fed; Bitcoin Above $90,000 Asian markets diverged Thursday as investors digested US inflation data that supported the case for another interest rate cut next month but worries over the next Trump administration continued to cloud optimism.