Federal Reserve Chairman Jerome Powell said that the central bank is committed to combating elevated inflation by raising interest rates until it comes down, according to an interview he gave to The Wall Street Journal’s Future of Everything Festival. “We will go until we feel like we are at a place where we can say,…
Fed to Raise Interest Rates Without ‘Hesitation’ Until Inflation Eases, Says Powell
May 18, 2022
admin
Business & Economyeconomic policieseconomyFed Meetshigh inflationinflationjerome powellU.S. interest rate hikesUSUS News
0 Comment
Eurozone April Inflation Revised Down to 7.4 Percent; Still a Record High
FRANKFURT—Eurozone inflation held steady at a record high 7.4 percent in April, driven by soaring fuel and food costs, the EU’s statistics agency said on Wednesday, lowering its estimate from a preliminary 7.5 percent. Inflation has soared over the past year, first on post-COVID supply bottlenecks and latterly on knock-on effects from Russia’s war in…
Indonesia’s Palm Oil Export Ban Leads to Farmer Protests Amid Surging Prices
May 18, 2022
admin
Asia & PacificBusiness & Economyeconomic policieseconomyIndiaIndonesiainflationInternationalMarketsRussia-Ukraine WarWorld
0 Comment
The Indonesian government’s efforts to address domestic cooking oil shortages by banning palm oil exports has begun to backfire, with local farmers protesting the policy. Hundreds of farmers protested in the capital city of Jakarta on Tuesday, demanding that the government revoke the palm oil exports ban, which has led to a drop in the…
Supreme Court to Hear Challenge to SEC Adjudication System
May 18, 2022
admin
Business & EconomyeconomyJudiciaryNew Civil Liberties AllianceSecurities and Exchange CommissionSupreme CourtUSUS News
0 Comment
The Supreme Court has agreed to review the constitutionality of the Securities and Exchange Commission’s (SEC’s) system of adjudicating enforcement actions with tenure-protected administrative law judges employed by the prosecuting agency. The high court agreed May 16 to hear the case, SEC v. Cochran, court file 21-1239, in an unsigned order. The justices, as is…
Smith Micro (SMSI) Stock Ready to Inflect When Revenue Flows From Deals with T-Mobile (TMUS), AT&T (T) and Verizon
– Fundamentals: Q1 revenue beat, net loss in line with expectations – Catalysts: Revenue from T-Mobile (SafePath7) expected in Q2, AT&T and Verizon to follow – Sentiment more positive with revenues from T-Mobile and other carriers coming online – Technicals: Trading below all key moving averages on daily and weekly charts, but RSI is indicating…
McDonald’s Selling Russian Business: Will Anyone Buy Restaurants When They Could Steal the Brand For Free?
McDonald’s Corp announced Monday its intention to sell its Russian restaurants. This comes as the company faces the potential of losing its trademarks in the region, which could harm the sale of the business. What Happened McDonald’s will sell its Russian business due to the continuing international crisis happening between Russia and Ukraine. The exit from the region…
Twitter Wants to Close Deal ‘Promptly’ and on ‘Agreed Price,’ While Musk Calls on SEC to Confirm Bot Numbers
May 18, 2022
admin
Business & EconomyCompaniesElon Musk TwitterMedia & Big TechParag AgrawalSocial Mediaspam botsTechTech NewsTwitter Buy OutUSUS News
0 Comment
Twitter announced Tuesday that it was filing a preliminary proxy statement with the U.S. Securities and Exchange Commission (SEC) in order to complete the Elon Musk buyout “on the agreed price,” and as “promptly as practicable.” Twitter wants the $54.20 per share in cash deal with Musk to go through, while the billionaire is hesitant…
Here’s What to Watch on Twitter Stock as Elon Musk’s Stake Goes Red
Twitter, Inc. was spiking up over 3 percent on Tuesday after falling almost 28 percent beginning on May 5 to reach a $36.85 low, putting Tesla, Inc. CEO Elon Musk in the red on the 9.2 percent stake he took in the social media app on March 14. The majority of the recent decline was…
Q1 13F Roundup: How Buffett, Einhorn, Ackman and Others Adjusted Their Portfolios
The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From 13F Season: Investors who follow particular fund managers can easily look up what each was buying and selling in the quarter, but…
Is Paramount Global A Value Stock? Inside Berkshire Hathaway’s Purchase
Legendary value investor Warren Buffett took a stake in a leading media company in the first quarter. Could the purchase by Buffett signal placing multiple bets on the streaming wars or that the company is in the value stock territory? What Happened A 13F filing shows that Berkshire Hathaway Inc took a new $2.6 billion stake…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta