The US Federal Reserve Chairman Jerome Powell has reiterated the next plan for the bank following its latest 25 basis points interest rate cut. In a widely televised speech, the Fed Chair said the United States economy is not on a preset course, implying more monitoring is necessary. Despite the continuously dovish stance from the Fed, cautious statement has fueled the take on what next for the market. Jerome Powell
Caroline Ellison, former CEO of Alameda Research and key witness in the case against FTX founder Sam Bankman-Fried, reported to a low-security federal prison in Connecticut on Thursday. In September, the court sentenced Ellison to two years in prison and ordered her to forfeit $11 billion for her role in the fraud and conspiracy that collapsed the cryptocurrency exchange once valued at $32 billion. Caroline Ellison Begins Prison Sentence Caroline Ellison, the star witness in
Intel CEO Pat Gelsinger Bought Stock Before Election Day Source link
BBC Susan McGowan died two weeks after taking tirzepatide – brand name Mounjaro The death of a nurse from North Lanarkshire has been linked to the use of a weight-loss drug recently approved for use on the NHS. Susan McGowan, 58, took two low-dose injections of tirzepatide, known under the brand name Mounjaro, over the course of about two weeks before her death on 4 September. Her death certificate, seen
Article content Bank of Canada deputy governor Carolyn Rogers is cautioning policymakers against “tinkering” with the mortgage market in an effort to improve housing affordability, warning that over-reliance on such measures could have long-term negative impacts. Recently, the federal government introduced new mortgage rules, including expanding 30-year amortizations to all first-time homebuyers and to all buyers of new builds, effective next month. It also raised the $1-million price cap for
Breadcrumb Trail Links Commodities Energy Oil & Gas News TMX has boosted Canada’s export capacity by 13% Get the latest from Meghan Potkins straight to your inbox Sign Up Published Nov 06, 2024 • 3 minute read You can save this article by registering for free here. Or sign-in if you have an account. Pumpjacks operate as wildfire smoke hangs in the air near Calgary, Alberta, May 12, 2024. Photo
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. Annabelle Chih | Bloomberg | Getty Images Super Micro shares plunged 18% on Wednesday to their lowest level since June of last year after the embattled server maker issued disappointing unaudited financials and failed to provide specifics plans to keep its
Canada ordered the domestic unit of TikTok to dissolve its business operations in the country, while still allowing its citizens to continue using the app. Source link
Will you be better or worse off after a Fed rate cut? Find out here. Source link
What you need to know: Effective after the close of business on Friday, December 29, 2023, Nasdaq will cease the calculation and dissemination of the following indexes: Nasdaq BulletShares USD High Yield Corporate Bond 2023 Index (Symbol: BSJKN) Nasdaq BulletShares USD Corporate Bond 2023 Index (Symbol: BSCBN) Source link
