Hints and tips:
...Federal Reserve chair Jay Powell said this month that there would be broad changes to the proposal. Dimon’s name has for years been floated as a possible US Treasury secretary....
...The venture capital arm of Emerson Collective, the philanthropic organisation run by Laurene Powell Jobs that is the majority owner of The Atlantic magazine, is also an investor....
...Jay Powell said the Federal Reserve’s job of bringing down inflation was “not yet done” and the US central bank needed “greater confidence” that price pressures were easing before cutting interest rates,...
...“We have time to let the incoming data guide our decisions on policy,” Powell said. “The outlook is still quite uncertain, and we face risks on both sides.”...
...He’s not going to be able to do anything,” Trump said, referring to Powell....
...Investors were relieved that Powell also said that it was “unlikely” the next move in rates would be higher....
...This week, Fed chair Jay Powell said the economic outlook had not “materially changed”....
...Fed chair Jay Powell signalled in a speech on Wednesday that stubbornly high US inflation may keep the central bank from cutting rates as quickly as previously thought....
...The likes of JPMorgan chief Jamie Dimon, Star Wars creator George Lucas, Laurene Powell Jobs and the grandchildren of Walt Disney all threw their support behind Iger....
...James Politi reports on how Republicans have seized on the campus protests to attack Biden....
...That’s the inflation gauge where Jay Powell has already won....
...Read more on Powell’s remarks and the latest timing of any rate cut. More reaction to Powell’s comments: European stock markets had their worst day for nine months following Powell’s remarks. 3....
...While Fed chair Jay Powell made clear interest rate cuts are coming, they’re unlikely to arrive by the Fed’s next meeting in March, he said....
...For the economic team, the big questions are whether Trump might pick a Wall Street donor for the role of Treasury secretary, as he did with Steven Mnuchin in 2017 — and who he might tap to replace Jay Powell...
...In his latest press conference this week, Jay Powell, the Fed chair, said politics would not be a factor in the central bank’s thinking. “We don’t think about political events....
...Top executives Gregg Lemkau and Dina Powell have also left in recent years to BDT & MSD, the merchant banking and advisory group created by former Goldman banker Byron Trott and personal computer billionaire...
...“The Fed’s projections are definitely a rosy view of the economy in 2024,” said James Rossiter, head of global macro strategy at TD Securities....
...Investors such as Laurene Powell Jobs’ Emerson Collective, financier Marc Lasry and a new investment firm associated with ex-Wall Street Journal editor Matt Murray, provided $10mn in seed funding for the...
...[Free to read] The US Federal Reserve held interest rates steady yesterday, with chair Jay Powell signalling that US borrowing costs were likely to remain higher for longer....
...“The Fed’s inflation problems have a global dimension and other central banks cannot ignore them,” said James Knightley, chief international economist at ING in New York....
...He is also viewed as a potential pick for Treasury secretary, or to succeed Federal Reserve chair Jay Powell in 2026....
...Before New York attorney-general Letitia James more than halved the original bond, Trump’s lawyers said 30 surety companies refused to underwrite such a large amount....
...It recently appointed former Morgan Stanley chief James Gorman, who was praised for how he handled his own succession, to the board. But the issue continues to hang over the company....
...I'm upstream in Colorado mountain country, near the source of the majestic river itself, to ask rancher, attorney, and former state water official James Eklund how some states ended up with greater shares...
...As my colleagues on the ground, Lauren Fedor and James Politi, note, the backlash over Gaza has also thrust foreign policy into the heart of the race for the White House....
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