Fed Officials Fret Over How Far They Can Lower Interest Rates
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to lower interest rates, highlighting the difficulty policymakers face in trying to determine the right setting to keep the economy on an even keel.
“While now is the time to begin dialing back the restrictiveness of monetary policy,
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Read MoreStock Market News: Dow Set to Rise
Stock futures are rising early Thursday. The market is taking everything in its stride.
Of course it helps when there are no surprises. Inflation may have ticked higher in October but the consumer price index was in line with economists’ expectations. That was enough to prevent the rally from stumbling.
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Read MoreTelangana attracts Rs 36,000 crore investments in life sciences sector in 1 year
Hyderabad: Telangana has attracted investments worth Rs 36,000 crore though 140 projects in the life sciences sector during the past one year, Minister for IT and Industries D Sridhar Babu said on Thursday.
Addressing a press conference, the minister also said the government will shortly introduce a dedicated life sciences policy,
Read MoreBoeing Has 170K Workers Worldwide, 17K Are About To Lose Their Jobs: What's Going On?
Boeing has announced plans for a workforce reduction, notifying around 17,000 employees this week that they will be leaving the company in mid-January.
The cuts, representing 10% of Boeing’s total workforce, come in the wake of a labor union strike. In a statement to FOX Business, Boeing said: “We are adjusting our workforce levels to align with our financial reality and a more focused set of priorities.”
Read MoreCathie Wood Predicts Bitcoin’s Path to $1.5 Million by 2030, Fueled by ETFs and Institutional Support
Bitcoin’s value may climb to $1.5 million by 2030, Ark Invest’s Cathie Wood predicts. With spot Bitcoin ETFs, rising institutional demand, and improved regulations, Wood argues the cryptocurrency is cementing its role as a premier diversification tool in investment portfolios.
Cathie Wood’s Bold Bitcoin Prediction: $1.5 Million by 2030
An epic Bitcoin price forecast has been published by Cathie Wood,
Read MoreThe Burst
Market Commentary: The Meteoric Rise of Eli Lilly
Did you know that Eli Lilly and other pharmaceutical companies have sold approximately 10.6 million shots of obesity drug doses in the U.S. in a single month? The rise of these injectable weight loss medications is so powerful that it’s causing investors to question the future of even staple food and beverage stocks.
While this aspect alone could secure Eli Lilly as the pharmaceutical golden goose you’ve been looking for there is much more than meets the eye.
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Read MoreThe Ivy
24 Million Reasons To Buy This Time-Tested Stock
Warren Buffett’s transformation of Berkshire Hathaway from a struggling textile firm into a powerhouse conglomerate is legendary, illustrating the quintessential investor’s dream. Last year, Berkshire Hathaway celebrated a record-breaking profit just shy of $100 billion.
Now a nonagenarian, Buffett remains at the helm and his investment moves always draw significant attention. But Berkshire’s vast cash reserves are also a prime money-maker these days.
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Read MoreThe Spotlight
Markets Are Going FULL Leptokurtic, What You Need To Know Now
If you look up the definition of leptokurtic, the dictionary explanation is:
- (of a frequency distribution or its graphical representation) having greater kurtosis than the normal distribution; more concentrated about the mean.
That probably didn’t clarify things a whole lot if you’re not a statistician but in essence leptokurtic refers to a flatter distribution with fatter tails.
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