Live: Fed Chair Powell Testifies Before the House Committee on Monetary Policy – 11:00AM, ET 3/8/23
Federal Reserve Chairman Jerome Powell speaks Wednesday morning to the House Financial Services Committee on the semiannual monetary policy report. Source link
Gold’s Safe Haven Status Could Come Into Play in 2023
Q: What are the World Gold Council’s (WGC) expectations for gold prices in 2023? A: WGC provides investors with a very robust framework to think about gold in the macroeconomic context. We help investors understand how gold may react given certain microeconomic conditions. Our outlook, published at the beginning of December, focuses on three broad […]
There Is More Inflation Complexity Ahead by Mohamed A. El-Erian
As US inflation gradually eases, the claim that today’s inflationary pressures are the result of a temporary supply shock has re-emerged. While this thesis may be comforting, it could also encourage dangerous complacency, making an already serious problem much harder to solve. CAMBRIDGE – Nearly two years into the current bout of inflation, the concept […]
Europe at Debt’s Door by Hans-Werner Sinn
The European Commission’s ongoing borrowing spree is economically irresponsible and clearly inflationary. By continuing to issue common bonds to finance its expenditures, the Commission is harming European savers and undermining the creditworthiness of national governments. MUNICH – Hit hard by the COVID-19 pandemic and the war in Ukraine, the European Union needs money. And given […]
Live: Chair Powell Speaks After Fed Raises Interest Rates a Quarter Point: 02/01/22 – 2:30 ET
Federal Reserve Chair Jerome Powell holds a news conference on Wednesday following the closed two-day Federal Open Market Committee (FOMC) meeting and will discuss interest rate policies. Powell speaks about how The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday and gave little indication that it is nearing the […]
Commentary: Geopolitics threatens to destroy the world Davos made
The conflict has shown how war can sever the economic ties on which globalisation was built. The EU is drastically reducing imports of Russian energy – fuelling inflation in Europe and threatening to make some industries uncompetitive. Russia and Ukraine are also important suppliers of grain to world markets. Their war has increased food prices […]
LIVE Video: President Biden Delivers Remarks About His Economic Plan: 01/04/23 – 1:45PM ET
President Biden will speak about his economic plan and its impact on U.S. infrastructure and American communities in Kentucky on Wednesday. Source link
Infographic: Adobe (ADBE) Q3 earnings beat Street view; revenue up 13%
[ad_1] Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday announced third-quarter results, reporting adjusted earnings that increased year-over-year and topped expectations. At $4.43 billion, third-quarter revenues were up 13% from the prior-year period and matched the market’s projection. The top line benefited from strong growth by the core operating segments. Net profit, excluding special […]
Oracle Stock: ORCL is worth adding to your portfolio. Here’s why
The transformation of Oracle Corporation (NYSE: ORCL) from a software firm into a diversified cloud solutions provider accelerated in recent years aided by the mass adoption of digital technology across industries. While overcoming the slowdown in its legacy business, the new model enabled the company to become an industry leader with cloud-powered AI and machine-learning […]