Fed vice chair says approach automated analysis with caution
Anna Rose Layden/Bloomberg
The Federal Reserve Board’s second-in-command said sophisticated analysis techniques have made monetary policy transmission more efficient in recent years, but cautioned that it is still not perfect.
Along with traditional economic metrics,
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Read MoreGolf event promises fun at the library
Courtesy photo
Roll into the fun at the inaugural AAPL Bookworms Mini Golf Event at Altoona Area Public Library.
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Tickets are on sale for the inaugural AAPL Bookworms Mini Golf Event, sponsored by Kooman and Associates, to be held on Saturday,
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Read MoreApple Inc. (NASDAQ:AAPL) is Agate Pass Investment Management LLC’s 2nd Largest Position
Agate Pass Investment Management LLC increased its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 3.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,775 shares of the iPhone maker’s stock after acquiring an additional 1,655 shares during the period.
Read MoreApple Inc. (NASDAQ:AAPL) is Bridge Creek Capital Management LLC’s Largest Position
Bridge Creek Capital Management LLC decreased its stake in Apple Inc. (NASDAQ:AAPL – Free Report) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,537 shares of the iPhone maker’s stock after selling 1,793 shares during the quarter.
Read MoreFederal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
By CHRISTOPHER RUGABER
WASHINGTON (AP) — Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged.
According to minutes of the Jan. 28-29 meeting, which were released Wednesday, Fed officials said that President Donald Trump’s proposed tariffs and mass deportations of migrants,
Read MoreThe Burst
2 Stocks Buffett Is Snapping Up
Warren Buffett appeared to take a hard look at the market last year and decided he wanted to sell shares in plenty of companies, including Apple, Bank of America, and Charter Communications. His holding company, Berkshire Hathaway, even sold every share (nearly 4 million) in Floor & Decor Holdings. Overall, Buffett unloaded $133 billion in shares in 2024.
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Read MoreThe Ivy
The Formula Behind Billionaire’s 30-Year Win Streak
Stanley Druckenmiller may be best known for his role with George Soros in shorting the British pound in 1992, which famously became known as breaking the Bank of England. That position resulted in a cumulative profit of over a billion dollars, and all while Druckenmiller was only in his late 30s.
At a time when many professional investors consider themselves in their early innings of their careers,
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Read MoreThe Spotlight
1 High Energy Drink To Buy on the Dip?
Celsius Holdings (NASDAQ:CELH) is the maker of a line of energy drinks that has skyrocketed in popularity in recent years.
Once virtually unknown, Celsius has used social media marketing and celebrity influencer deals to rapidly build its brand awareness.
Although the product itself has been quite successful, the stock’s performance hasn’t matched it.