Bloomberg

The Fed's last rate hike will come in January, but stocks will still be under pressure from dismal earnings in 2023, Morgan Stanley strategist says

4 days ago   |   By Business Insider

Federal Reserve Board Chairman Jerome Powell. Alex Wong/Getty Images
The Fed could stop hiking rates as soon as January of next year, according to Morgan Stanley's Andrew Sheets.
Sheets pointed to evidence of falling inflation, though he noted central bankers would likely keep monitoring the economy after pausing rate hikes.
But while investors are hoping a pause could spark a new rally, stocks will still be under pressure next year on poor earnings, he warned.
The Federal Reserve's last rate hike could come as soon as January, but stocks will still be under pressure from dismal earnings...
Read more ...

 

Nigeria hopes new currency notes curb inflation, corruption

Nigeria hopes new currency notes curb inflation, corruption

4 days ago   |   By Stl Today

Nigeria has unveiled newly designed currency notes that the West African nation's central bank says will help curb inflation and money laundering. At the unveiling of the notes Wednesday, Central Bank of Nigeria Gov. Godwin Emefiele said the new notes...
Read more ...

 

Nigeria hopes new currency notes curb inflation, corruption

4 days ago   |   By Chron

ABUJA, Nigeria - Nigeria on Wednesday launched newly designed currency notes, a move that the West African nation's central bank says will help curb inflation and money laundering.
The newly designed denominations of 200 , 500 and 1,000 naira also would drive financial inclusion and economic growth, said Godwin Emefiele, governor of the Central Bank of Nigeria.
Experts, however, are skeptical about such results in a country that has battled chronic corruption for decades, with government officials known to loot public funds that has caused more hardship for the many struggling with...
Read more ...

 

2023 will be year of ‘hope and focus' for AI, says PepsiCo transformation leader

2023 will be year of ‘hope and focus' for AI, says PepsiCo transformation leader

4 days ago   |   By Venture Beat

The year in AI has been aspirational but ultimately unsuccessful, says PepsiCo's Athina Kanioura. But she has high hopes for 2023.
Read more ...

 


Search by Tags

   Bloomberg      Bank      Economy      Banks      Rate      Markets      MI Exclusive      Inflation      Fed rate hikes      Fed pause      Falling inflation      Fed pivot      Earnings recession      Stock Market      Rally      Fed Funds Rate      Interest Rates      Monetary tightening      Monetary easing      Currencies      Currency      Moving      Security      Fund      Government      AI      Business      ML and Deep Learning      Category-      Business & Industrial      Agriculture & Forestry  


The future of AI and medical imaging, from Nvidia to Harvard

The future of AI and medical imaging, from Nvidia to Harvard

New initiatives are scaling AI models related to medical imaging and making diverse medical imaging data available to all. Read more ...

Five Finger Death Punch's Ivan Moody Talks Weed And His Road To Addiction...

An honest chat with Ivan Moody ahead of the launch of his cannabis brand, Greenings by Moody's Medicinals. Read more ...

Michelin Green Star Awarded To Unique Restaurant Aimed At Substance Abuse...

Vite, a restaurant set in the hills of Rimini in Italy's Emilia Romagna region, was awarded a Michelin “Green Star” for its sustainable gastronomy. Read more ...

How to tell real products from scams when shopping online

It's hard to tell what's quality or a scam online. Use these research skills to avoid getting duped. Read more ...

Biden Is Making the Student Loan Mess Worse

Extending the student-loan repayment freeze will cheer borrowers, but the rest of the country will bear the costs. Read more ...

Argentina vs. Mexico draws huge Spanish-language audience of nearly 9...

Argentina's 2-0 win over Mexico was the most-watched Spanish-language World Cup group stage broadcast in U.S. history. Read more ...

The world's largest active volcano just started erupting in Hawaii for the...

Mauna Loa's eruption began late Sunday night on Hawaii's Big Island, the U.S. Geological Survey said, adding that lava flows weren't threatening anyone yet. Read more ...

BackingMinds raises new €50 million fund to fund normally overlooked...

Denmark-based venture fund BackingMinds , founded in 2016, likes to think it takes a different approach to venture in Europe. Its new €50 million fund will aim to take a road... Read more ...

‘A League Of Their Own' Showrunner On The Importance Of LGBTQ Stories In...

Following the mass shooting in Colorado Springs, showrunner and co-creator Will Graham speaks out about the tragedy and what Hollywood needs to improve upon in properly... Read more ...

China eases COVID rules after wide protests of lockdowns

China eases COVID rules after wide protests of lockdowns

Chinese authorities have eased some anti-virus rules but affirmed their severe “zero COVID” strategy after protesters demanded President Xi Jinping resign in the biggest show... Read more ...