This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in January.Text removed from the January statement is in red with a horizontal line through the middle.Text appearing for the first time in the new statement is in red and underlined.Black text appears in both statements.Zoom In IconArrows pointing outwards Source link
Author: usaeverydaylife
Investors who rely on a traditional portfolio of 60% stocks and 40% bonds may want to switch their strategy in this environment, according to Jim Caron, Morgan Stanley Investment Management’s chief investment officer in the portfolio solutions group. The market has been dealing with bouts of volatility all year, as traders assess the state of the United States economy and the potential impact of the Trump administration’s trade policy and increased tariffs . The 60/40 portfolio has mostly worked for the past 10 to 15 years because it is a passive strategy — and one that performs well when bonds…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s show, major cryptocurrencies rise as the Federal Reserve hold rates steady as expected. Plus, U.S. Democratic lawmakers raise concerns over President Trump’s crypto ties in a letter sent to the White House chief of staff, while the North Dakota Senate passes a crypto ATM bill. Also, Binance CEO Richard Teng addresses a report that alleged the Trump family held deal talks with the company following the crypto exchange’s guilty plea. Source link
Nvidia CEO Jensen Huang introduces new products as he delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025.Josh Edelson | AFP | Getty ImagesAt the end of Nvidia CEO Jensen Huang’s unscripted two-hour keynote on Tuesday, his message was clear: Get the fastest chips that the company makes.Speaking at Nvidia’s GTC conference, Huang said that questions clients have about the cost and return on investment the company’s graphics processors, or GPUs, will go away with faster chips that can be digitally sliced and used to serve artificial intelligence to millions of people…
Editor’s Note: This article is part of our Rankings & Tiers series, an evaluation across sport about the key players, front offices, teams, franchises and much more.By Andy McCullough, Will Sammon and Sahadev SharmaThe email from the New York Yankees arrived just past 6 p.m. a little more than a week before the first game of the 2025 MLB season. The subject line was short but sinister, a harbinger of bad tidings for both the team and the sport writ large at the start of the year.Update on RHP Gerrit ColeThe news contained in the message was not a surprise. Cole — the…
Sign for the ice cream brand Ben & Jerry’s on 6th November 2024 in London, United Kingdom.Mike Kemp | In Pictures | Getty ImagesBen & Jerry’s said its parent, Unilever, decided to oust the ice cream maker’s chief executive, Dave Stever, escalating a battle over the subsidiary’s independence on social policy issues.In a Tuesday night filing in Manhattan federal court, Ben & Jerry’s said Unilever advised on March 3 it was removing Stever without consulting directors because of his commitment to the ice cream maker’s social mission and brand integrity, not because of concerns about his job performance.It said Unilever…
WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.Faced with pressing concerns over the impact tariffs will have on a slowing economy, the rate-setting Federal Open Market Committee kept its key borrowing rate targeted in a range between 4.25%-4.5%, where it has been since December. Markets had been pricing in virtually zero chance of a move at this week’s two-day policy meeting.Along with the decision, officials updated their rate and economic projections for this year and through 2027 and altered…
The S & P 500 has just experienced its first 10% correction since last summer, with many other indices, ETFs, and individual stocks experiencing even steeper drawdowns. Few names have been spared. That’s why when a stock not only holds up well but also approaches a major technical breakout, it demands our attention. CBOE is one of those stocks. We first flagged it to clients on February 20, 2025 — the day right after the S & P 500 made its last all-time high. At the time, the stock still had work to do, and we emphasized that breakouts should…
U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., February 12, 2025. Nathan Howard | ReutersFederal Reserve officials slashed their economic outlook in the latest projections released Wednesday, seeing the U.S. economy growing at a pace lower than 2%.The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the last projection of 2.1% in December. In the meantime, officials hiked their inflation outlook, seeing core prices growing at a 2.8% annual pace, up…
One of the two Democratic commissioners at the Federal Trade Commission whom President Donald Trump abruptly fired Tuesday warned that her ouster could erode market stability.”This isn’t just about the FTC, and it’s not about my job,” former commissioner Rebecca Kelly Slaughter said Wednesday on CNBC’s “Squawk on the Street.””This is about policing the ability of the FTC to police markets and ensure honest businesses are protected, instead of allowing companies that lie and cheat to get ahead,” she said.”And it’s not just about the FTC, it’s about all of the structures of government that protect market stability,” she said.…
