Information

Home Information
  • Mar 07, 2025

Fed’s Bowman Says Economy’s Neutral Rate Higher Since Covid

(Bloomberg) -- Federal Reserve Governor Michelle Bowman said the neutral level for the central bank’s policy rate had likely risen since the Covid-19 pandemic.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowBowman said several fa

  • Mar 07, 2025

Nasdaq 100 Tumbles Into a Correction as Tech Selloff Intensifies

(Bloomberg) -- The Nasdaq 100 Index sank into a correction on Friday, as investors continue to sour on the megacap technology stocks that led the stock market rally over the past two years.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-

  • Mar 07, 2025

Fed's Bowman signals she may pay more attention to job market in policy debates

Bowman was responding to research presented at a conference examining how the rate-setting Federal Open Market Committee's monetary policy influences economic activity. "Although the FOMC has been focused on lowering inflation in the past few years, as we continue to make progress on approaching our 2% target, I expect that the labor market and economic activity will become a larger factor in the FOMC's policy discussions," Bowman said in remarks prepared for delivery at a monetary policy forum organized by the University of Chicago's Booth School of Business in New York City.

  • Mar 07, 2025

US Jobs Report Shows Evidence Labor Market Is Softening

(Bloomberg) -- US job growth steadied last month while the unemployment rate rose — a mixed snapshot of a job market hanging in the balance of quickly changing government policy.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowNon

  • Mar 07, 2025

Nasdaq plans 24-hour trading as global appetite for US stocks grows

(Reuters) -Nasdaq Inc plans to introduce 24-hour trading on its flagship U.S. exchange to capitalize on growing global demand for U.S. equities, a senior executive said in a social media post on Friday. International demand for the lucrative U.S. equity market has surged in recent years, driven by rising retail participation, increasing financial literacy, and easier access to digital trading platforms. The exchange operator has started discussions with regulators and expects to launch 24-hour, five-days-a-week trading in the second half of 2026, Nasdaq President Tal Cohen wrote in a LinkedIn post.

Popular Post