Powell faces economic crossroads in Jackson Hole speech
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Trump, Powell and federal reserve
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Palo Alto Networks jumped 6.3% overnight after the cybersecurity company beat Wall Street’s sales and profit forecasts. The California company also announced the retirement of Nir Zuk, its founder, chief technology officer and board member.
A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the US central bank as independent, and characterized the outgoing Fed chief as aligned with the political left.
Powell is slated to give his annual address in Jackson Hole, Wyoming, on Friday. Swaps are pricing in a high probability the Fed will cut borrowing costs by a quarter point next month. In the face of mounting pressure from President Donald Trump for hefty reductions,
Wakefield Trinity head coach Daryl Powell and his assistant Michael Shenton extend their contracts until the end of the 2029 season.
Markets bet on a September Fed rate cut at Jackson Hole, but sticky inflation, Trump tariffs, and Powell’s framework review could derail expectations.
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A number of stocks fell in the afternoon session after the major indices continued to pull back, with technology stocks accounting for most of the market's largest decliners.
Nearly two years since the first installment’s successful theatrical release, Anyone But You 2 has finally received a brand new update from lead star Glen Powell. Despite receiving mixed reviews from critics,
Phil Orlando, Chief Equity Market Strategist at Federated Hermes, joins Worldwide Exchange to discuss Fed policy, market risks, and why small caps could outperform as rates trend lower.
The latest project to film in the Ocean State will also star Samuel L. Jackson, Jenna Ortega, and Emma Mackey, according to IMDB. The post J.J. Abrams and Glen Powell are filming in Rhode Island. Here’s where they’ve been spotted.