Economy

Powell Focuses on Economic Need at Key Moment in Markets and Politics

1 day ago   |   By NY Times

The Federal Reserve will continue to support the economy, its chair, Jerome H. Powell, pledged at a Senate hearing, even as concerns about inflation rise.
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Stocks Rise as Fed Chair Says Light at the End of the Tunnel Remains Distant

1 day ago   |   By NY Times

Jerome Powell's Senate testimony allayed worries that positive economic signs would lead the Fed to cut back on its stimulus policies.
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Powell Focuses on Need at Delicate Moment in Markets and Politics

1 day ago   |   By NY Times

The Federal Reserve will continue to support the economy, its chair, Jerome H. Powell, pledged, even as concerns about inflation rise.
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Tech stocks pare deep losses but still decline as Fed's Powell eases concerns over runaway inflation

Tech stocks pare deep losses but still decline as Fed's Powell eases concerns over runaway inflation

1 day ago   |   By Business Insider

Summary List Placement
US stocks pared losses but closed lower on Tuesday after Fed chair Jerome Powell staved off fears of rampant inflation.
Stimulus and reopening could lift price growth, but the effect will likely be small and temporary, Powell said.
Bitcoin tanked below $49,000 after trading as high as $55,053.91 Monday afternoon as investors snapped up crypto profits.
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US equities erased major losses and swung higher on Tuesday after commentary from Federal Reserve Chair Jerome Powell eased concerns of...
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Tech stocks pare deep losses but still decline as Fed's Powell eases concerns over runaway inflation

1 day ago   |   By Business Insider

Traders work, as a screen shows Federal Reserve Chairman Jerome Powell's news conference after the U.S. Federal Reserve interest rates announcement, on the floor of the New York Stock Exchange in New York, U.S., October 30, 2019.
Brendan McDermid/Reuters
US stocks pared losses but closed lower on Tuesday after Fed chair Jerome Powell staved off fears of rampant inflation. Stimulus and reopening could lift price growth, but the effect will likely be small and temporary, Powell said. Bitcoin tanked below $49,000 after trading as high as $55,053.91 Monday afternoon as investors snapped up...
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The Latest: Kentucky urges Black citizens to get vaccinated

The Latest: Kentucky urges Black citizens to get vaccinated

LEXINGTON, Ky.: The Rev. Jim Thurman counts himself among the converts who recognize the importance of taking a COVID-19 vaccine. Read more ...

GOP rallies solidly against Democrats' virus relief package

GOP rallies solidly against Democrats' virus relief package

WASHINGTON - Republicans rallied solidly Wednesday against Democrats' proposed $1.9 trillion COVID-19 relief bill as lawmakers awaited a decision by the Senate's... Read more ...

The Latest: Georgia ready to open vaccines for teachers

The Latest: Georgia ready to open vaccines for teachers

ATLANTA - After weeks of waiting and political pressure, Gov. Brian Kemp is ready to announce that teachers are up next for COVID-19 vaccinations in Georgia. Read more ...

Facebook says it will pay $1B over 3 years to news industry

Facebook says it will pay $1B over 3 years to news industry

Facebook, following in Google's footsteps, says it plans to invest $1 billion to "support the news industry” over the next three years. Read more ...

Biden orders a review of US supply chains for vital goods

Biden orders a review of US supply chains for vital goods

WASHINGTON - President Joe Biden signed an executive order Wednesday intended to boost manufacturing jobs by strengthening U.S. supply chains for advanced batteries... Read more ...

H&R Block tax software is on sale right now in preparation for tax season...

H&R Block tax software is on sale right now in preparation for tax season - here are the best deals for all types of needs

Summary List Placement Many retailers are offering discounts on H&R Block , our best overall tax software pick. If you're dealing with a simple situation, you may be able to... Read more ...

Blackouts bring up 'a four-letter word' in Texas: regulation

Blackouts bring up 'a four-letter word' in Texas: regulation

AUSTIN, Texas - All the groceries spoiled and the water was out for days. Then Melissa Rogers, a believer in the Texas gospel that government should know its place, woke up to... Read more ...

Cooper lifts curfew, eases gathering and occupancy limits

Cooper lifts curfew, eases gathering and occupancy limits

RALEIGH, N.C. - With cases and other key metrics trending downward in North Carolina, Gov. Roy Cooper on Wednesday announced the state will ease gathering and occupancy... Read more ...

A baby with COVID-19 had 51,000 times more viral particles than other young...

A baby with COVID-19 had 51,000 times more viral particles than other young patients, and experts aren't sure why

Summary List Placement A new coronavirus variant has emerged. A very sick newborn, treated at Children's National Hospital in Washington, D.C., was found to have not only a new... Read more ...

Amazon Workers' Fight To Unionize Draws Help From Around The World

Amazon Workers' Fight To Unionize Draws Help From Around The World

Labor groups across the country and beyond are joining the effort to create a union at an Amazon facility in Alabama, which would be a first in the U.S. Read more ...