WASHINGTON (AP) — Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed rate cuts until later this year, opening the door to a period of higher-for-longer interest rates. “Recent data have clearly not given us greater confidence” that inflation is coming under control” and instead indicate that it’s […]
Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates
CNBC's Jim Cramer said companies that perpetually generate "self-help" are poised to do well in this market.
A conviction would prove, once and for all, that Trump is not the normal politician that many in the media act like he isGet Margaret Sullivan’s latest columns delivered straight to your inboxDonald Trump, who once bragged that he could shoot someone on Fifth Avenue and not lose any voters, has gotten away for years with unimaginable amounts of malfeasance.He grifted and insulted and lied his way into the White House, embarrassed the nation while president, refused to accept his defeat to Joe...
US central banker says ‘recent data have clearly not given us greater confidence’ that inflation coming fully under controlThe Federal Reserve chair, Jerome Powell, cautioned on Tuesday that persistently elevated inflation will probably delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates.“Recent data have clearly not given us greater confidence” that inflation is coming fully under control and “instead indicate that it’s likely to take...
Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates. “Recent data have clearly not given us greater confidence” that inflation is coming fully under control and "instead indicate that it’s likely to take longer than expected to achieve that confidence,” Powell said during a panel discussion. “If higher inflation does persist,” he said, “we can...
With around 430 million monthly users, Reddit has established itself as a powerful platform for community engagement and information sharing. It stands out for its unique community-based platform that offers a wealth of user-generated content. In order to garner high engagement on Reddit, you need to build up ‘Karma’. Karma reflects your contributions to Reddit,
Scientific studies cannot agree on the relative importance of genes and environment on how we turn out as adultsThe eternal mystery of how much we are shaped by our parents – or how much we shape our children – was stirred again last week with the publication of a study that suggests that we are less like our parents than we had previously thought.Led by René Mõttus of Edinburgh University’s department of psychology, the study looked at more than 1,000 pairs of relatives to establish how likely...
Microsoft is testing new banners for Windows 10 to make users with local accounts switch to Microsoft Accounts. They are rolling out as part of the latest Release Preview update for Windows 10.
Boston Dynamics’ Atlas robot is now electric. The same week the company retired its hydraulic Atlas model, it unveiled a first look at the newest version of the humanoid. While this robot looks more human-like than its predecessor, it can move in ways no human can. A promotional video shows the new Atlas standing up by spinning its legs around its back and turning its head 180 degrees before walking off screen. Ouch. “Atlas may resemble a human form factor, but we are equipping the robot...
Germany’s complicity with Turkey’s repressive regime worries me more than its döner diplomacy“Nazis eat döner kebabs in secret,” must be one of the dumbest slogans I have seen at German protests against the far right. Yes, the popularity of the kebab in Germany has become something of a symbol of labour migration from Turkey after the second world war. And yes, Nazis get hungry, too. So what? If the consumption of ethnic-minority food was really an obstacle to the ideology of white supremacy,...
In the case of Ilhan Omar and her daughter Isra Hirsi, the apple truly doesn’t fall far from the tree. Hirsi stole the spotlight on MSNBC after being kicked out of Barnard College for her actions related to anti-Israel protests on campus. “Do other student groups have this kind of target on their back, or do you feel that you are being targeted because of the fact that it is in solidarity with Palestinians and against what Israel is doing to Palestinians?” the MSNBC host asked Hirsi. ...