UncategorizedPowell says September rate cut ‘on the table’ if inflation data continues to cool fwadmin / August 1, 2024 Fed Chair Jerome Powell said Wednesday that central bankers would consider the “totality” of data in determining when to cut.
UncategorizedMorgan Stanley names stocks to play a $4.8 billion opportunity in Nvidia’s GPU cooling needs fwadmin / August 1, 2024 Liquid cooling systems are the solution to “power shortage pressures” in data centers, the bank said in a July 30 report.
UncategorizedFed says first cut to US interest rates could come in September fwadmin / August 1, 2024 Central bank holds rates steady but comments by chair Powell boost expectations of pre-election move
UncategorizedTech CEO says people will enjoy paying a monthly fee to use a mouse: ‘You’re going to really love that’ fwadmin / August 1, 2024 Logitech CEO Hanneke Faber said to think of the mouse as a Rolex.
UncategorizedElon Musk accepts a challenge to fight a Venezuelan strongman: ‘He will chicken out’ fwadmin / August 1, 2024 Musk previously waffled on a cage match with Meta CEO Mark Zuckerberg.
UncategorizedMark Zuckerberg says Meta’s AI tool is on pace to be the ‘most used’ in the world fwadmin / August 1, 2024 Meta reported stronger-than-expected results for the second quarter on Wednesday, sending shares sharply higher in after-hours trading.
UncategorizedFed chair Powell says a rate cut is close, but we’re ‘not quite’ there yet fwadmin / August 1, 2024 Over time, lower Fed rates should reduce borrowing costs for consumers and businesses, including mortgage and auto-loan rates.
UncategorizedBlack and minority farmers get $2 billion in payments after USDA acknowledges years of discrimination fwadmin / August 1, 2024 USDA Secretary Tom Vilsack told reporters that the aid “is not compensation for anyone’s loss or the pain endured, but it is an acknowledgment by the department.”
UncategorizedEU and US race to prevent Mideast war after Israeli assassinations fwadmin / August 1, 2024 Diplomats hold crisis talks in effort to stop full-blown war in reaction to killing of Hizbollah and Hamas leaders
UncategorizedBank of Japan raises interest rates to 0.25% fwadmin / August 1, 2024 Japanese central bank plans to halve monthly bond purchases as it tightens monetary policy