video Fed expected to raise interest rates again to curb inflation Fox News contributor Jonas Max Ferris joined ‘Kennedy’ to weigh in on inflation and what the Federal Reserve will do next to bring it down. New York Federal Reserve President John Williams said Tuesday that he expects the U.S. central bank to raise interest rates higher this year and […]
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Superannuation fund Hostplus has hit back at claims that its returns in the past financial year could be overstated, after the $87 billion industry fund topped the performance league table with a positive return – despite most investment markets going backwards. While the returns of most other fund balanced investment options were negative, Hostplus’ balanced option produced a return of […]
Read morevideo Alliance for Automotive Innovation president reveals the key to bringing down electric vehicle prices Alliance for Automotive Innovation President and CEO John Bozzella discusses the prices and innovation of electric vehicles, arguing the U.S. needs access to raw materials. Honda Motor Co. and LG Energy Solution will invest $4.4 billion through a joint venture to establish a new lithium-ion […]
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Every few months, scientists issue a report on parts of the world that are no longer habitable. Usually, the areas listed will suffer from extreme temperatures or drought. U.S. regions have started to appear on these lists. The reason often is flooding, although drought is a hallmark of future trouble in parts of the Southwest, including Nevada and California. Floods […]
Read morevideo Democrats’ spending is accomplishing things ‘other than inflation reduction’: Atlanta Fed president Federal Reserve Bank of Atlanta President Raphael Bostic says Fed Chair Jerome Powell’s Jackson Hole speech was to prepare Americans for the possibility of ‘job loss’ and its ‘mild impact’ on the economy. Government spending is "somewhat of a headwind" for getting high inflation back in check, […]
Read morevideo US must focus on allocating capital into productive global investments: World Bank president World Bank President David Malpass provides insight on Federal Reserve Chair Jerome Powell’s deliberate message on the U.S. economy on ‘Cavuto: Coast to Coast.’ World Bank President David Malpass said Friday that the "key" factor to fighting inflation is focusing on global production as Federal Reserve […]
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Some Connecticut families will soon be getting child tax rebates. Gov. Ned Lamont yesterday announced that stimulus checks for Connecticut families are on the way. The Connecticut Department of Revenue Services (DRS) is expected to mail out most of the checks by the end of this week, and eligible recipients will receive them over the next several days. Stimulus Checks […]
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Ermenegildo Zegna N.V. (ZGN), an Italian luxury fashion firm, on Friday posted a decline in earnings for the first-half, amidst a fall in financial income, increased financial expenses and foreign exchange losses. However, the company has posted a rise in revenues. For the six-month period to June, the company reported pre-tax profit of 48.07 million euros, compared with 64.51 million […]
Read morevideo Esther George: Rate hikes likely through end of this year FOX Business sits down with Kansas City Fed President Esther George. The U.S. economy shrank at slightly slower pace in the second quarter than previously reported, but continued to meet the criteria for a so-called technical recession as raging inflation and higher interest rates weighed on spending. Gross domestic […]
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