Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead.
Category: Finance News
Watch Federal Reserve Chair Jerome Powell speak live in Atlanta on policy
Federal Reserve Chairman Jerome Powell speaks Friday to an audience at Spelman College in Atlanta.
Stocks making the biggest moves premarket: Pfizer, Disney, Tesla, Alibaba and more
These are the stocks posting the largest moves in premarket trading.
Tennessee was an ‘early adopter’ of financial literacy in public high schools, advocate says
Tennessee was one of the first states to require a half-semester personal finance course for high school graduation.
Robinhood CEO defends payment for order flow, says practice is ‘here to stay’
That’s despite calls from notable consumer trading advocates and regulators for a ban on the practice.
Charlie Munger said Berkshire would be worth double if he and Buffett used this common practice
“Berkshire could easily be worth twice what it is now… All we had to do is just use a little more leverage that was easily available,” Munger said.
Munger and Buffett were unable to pull off one last deal together using Berkshire’s $157 billion in cash
Munger, who died Tuesday at age 99, said an elephant-sized deal may have to be done by the next generation of leaders at the conglomerate.
China consumption shows ‘no sign’ of a strong V-shaped recovery, McKinsey says
China’s consumer isn’t going to be spending big anytime soon, which means companies need to be more strategic to tap the massive market, according to McKinsey.
SEC meets with Grayscale, BlackRock about potential bitcoin ETFs
The regulator said in a memo that it met with Grayscale on Thursday about the potential conversion of the Grayscale Bitcoin Trust into an ETF.
Stocks making the biggest moves after hours: Disney, Ulta Beauty, Marvell Technology and more
See which stocks are posting big moves after the bell.