Hints and tips:
...US Treasury secretary Janet Yellen told Reuters that the slowdown in gross domestic product was down to “peculiar, but not concerning” factors....
...Oakley said there were “potentially groundbreaking new drugs” that could slow the progression of early-stage Alzheimer’s....
...US stocks and bond prices moved higher on Thursday, with the S&P 500 gaining 0.5 per cent....
...More US-China relations: US Treasury secretary Janet Yellen has warned China not to flood the world with cheap clean energy exports, saying they would distort global markets and harm workers. 2....
...As S&P Global Ratings put it late last year: “Higher-for-longer interest rates remain the key risk for real estate assets globally.” US Treasury secretary Janet Yellen is, reassuringly, on it....
...US stocks ended higher, with the S&P 500 rising 0.5 per cent to its highest closing level since January 2022. That leaves it about 3 per cent below its record high from earlier that month....
...Economic data: S&P Global releases its early purchasing managers’ indices for April manufacturing and services activity....
...The S&P 500 closed 0.3 per cent lower, while the Nasdaq Composite fell 0.1 per cent....
...US social media giant Meta has been forced to apologise publicly to Qatari billionaire (and Janet Jackson’s former husband) Wissam al Mana and promise extra protection after his image was used in crypto...
...The last time lawmakers approached a “fiscal cliff” in 2011, S&P downgraded the US’s triple-A credit rating....
...The decline weighed on the broader S&P 500, with banks making up seven of the 10 worst performers on the benchmark index. First Republic led the declines, dropping 15 per cent....
...After S&P took away its triple A rating for the US, there was little long-term effect on markets....
...The S&P 500 and the Nasdaq Composite were each down about 0.2 per cent, reversing gains from earlier in the morning....
...Larry Summers calls it “bizarre and inept”, Jason Furman says it’s “absurd”, Mark Zandi argues it’s “off base”, Mohamed El-Erian calls it “a strange move” while Janet Yellen says it was “arbitrary and based...
...This has drawn a wary reaction from foreign officials including US Treasury secretary Janet Yellen, who has said she is concerned about “the directive’s extraterritorial scope”....
...Futures contracts tracking the blue-chip S&P 500 rose 0.5 per cent today, while the equivalent for the tech-heavy Nasdaq jumped 1 per cent....
...Janet Yellen has a plain and simple explanation for the rising 10-year yield....
...The S&P 500 finished last week up 5.9 per cent, its best week for a year....
...Janet Yellen, Biden’s Treasury secretary, lambasted it as “arbitrary and based on outdated data”....
...First Republic Bank shares rebounded on Tuesday after US Treasury secretary Janet Yellen signalled that a government backstop for smaller banks was at the ready if required....
...Treasury Secretary Janet Yellen on Wednesday played down the prospect of a “blanket” guarantee on bank deposits, sending a chill through the sector....
...Missing other payments — such as social security and Medicare disbursements or government and military salaries — would not constitute a default, according to Moody’s and S&P....
...“Like Warren, I had a considerable passion to get rich,” Munger told Janet Lowe for her 2000 biography of him, Damn Right. “Not because I wanted Ferraris. I wanted the independence....
...Last week, the senator penned a letter to Treasury secretary Janet Yellen, urging her to employ “the strictest metrics possible”....
...The blue-chip S&P 500 closed 0.3 per cent higher on Thursday, led higher by tech stocks, while the tech-heavy Nasdaq Composite gained 1 per cent....
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