Hints and tips:
Related Special Reports
...Powell also suggested it was too soon to know whether recent signs of stickier than expected inflation, especially in the services sector, would last....
...But the United Launch Alliance, a joint venture between Boeing and Lockheed Martin, stopped the launch due to a problem with an oxygen relief valve on part of the rocket....
...Moreover, as noted this week by the Financial Times, an increasing number of companies are reporting that “poorer consumers in the US are cutting their spending in the face of persistent price rises”....
...Powell said he had never seen a regulatory proposal elicit so much criticism, adding that there were “real concerns” the plans could increase risks to the banking system and undermine market competition....
...All of the “Magnificent Seven” big tech companies, which helped propel the S&P 500 to a record high in January, also fell....
...And Starbucks is a big, important company....
...Lloyds and Santander UK provided accounts to British front companies secretly owned by a sanctioned Iranian petrochemicals company based near Buckingham Palace, according to documents seen by the Financial...
...Momentus, a commercial space company once flirting with a $1bn market cap, is now worth under $8mn....
...Companies had lost some ability to keep pushing up prices, Daco said, and there were signs that wage inflation was also easing....
...This shouldn’t be a shocking development, as Powell expressed concern about the potential downsides of the proposal when it was first released....
...The global economy — this matters a lot in terms of US companies’ performance and also the commodity picture....
...Or, at the very least, wonder what will happen when the pressure valves are released. rana.foroohar@ft.com...
...“I think it’s unlikely that the next policy rate move will be a hike,” Powell said....
...Jamie Dimon: one, Jay Powell: nil....
...Industrial profits at large Chinese companies declined 3.5 per cent in March from a year earlier, the National Bureau of Statistics reported on Saturday....
...Kate DuguidFor companies. Robert ArmstrongFor companies, specifically. Kate DuguidRight....
...Companies: Abbott Laboratories and infrastructure company Kinder Morgan are scheduled to report first-quarter earnings. Five more top stories 1....
...Netflix profits surge on strong subscriber growth The great bet on rate cuts is off European stocks suffer worst day in nine months US to grow at double the rate of G7 peers this year, says IMF Jay Powell...
...Its stock rose nearly 9 per cent, putting the company’s market capitalisation at $11.5bn. That made it the second-largest initial public offering in the US this year....
...Here’s what else I’m keeping tabs on today: Company earnings: Reddit releases results for the first time as a public company later today....
...Last week, Fed chair Jay Powell told a Senate hearing that commercial real estate does pose a risk to a number of small and mid-sized banks. “There will be more failures,” Powell said....
...The S&P 500 index of blue-chip companies is up more than 9 per cent since the start of the year....
...That doughty — somewhat dull — Canadian insurance company known as Manulife does not often attract attention. This week, however, it caused a frisson in the real estate world....
International Edition