More from Kaplan: Mask, vaccines the only tools we have in this "war", and we are in a war More from Fed's Kaplan from Texas Tech virtual event - Mask, vaccines the only tools we have in this war, and we are in a war - price pressures are broadening, business confidence in raising prices is increasing
NY Fed Nowcast estimate for 3Q growth lowered to 3.5% from 3.8% NY Fed Nowcast estimate for 3Q growth cut current week's estimate for Q3 growth from the New York Fed Nowcast model On the topside, capacity utilization and industrial production along with building permits were net positives for the week.
Liz Shuler Is Named President of the A.F.L.-C.I.O. Ms. Shuler was the No. 2 official before Richard Trumka’s death. A vote to fill the top post for a full term will be held in June.Liz Shuler will be the A.F.L.-C.I.O.’s first female president.
Kaplan: Sees GDP to grow 6.5%. PCE inflation at 3.8%-3.9% Feds Kaplan starts his virtual Q&A session at Texas Tech Fed's Kaplan - sees GDP growth that 6.5% in 2021 but watching Delta variant carefully - sees PCE inflation at 3.8% – 3.9% at the end of 2021
S＆amp;P 500 (SPX), AUD/USD ＆amp; Jackson Hole – FinTwit Trends to Watch With markets breaking key levels across the board, FinTwit has come alive during the summer months. SPX falls, Aussie tanks and Jackson Hole is eyed.
Fed's Kaplan to speak again at the top of the hour Speaking at a virtual event said that the Delta variant was limiting production, output
Mike Richards, the New ‘Jeopardy!’ Host, Has Quit Mr. Richards was named as Alex Trebek’s replacement last week, but he announced he was leaving soon after offensive and sexist comments he made on a podcast several years ago resurfaced.
USDCAD retraces gains and moves below old 2021 year highs The January/February highs between 1.2669 and 1.2880 were broken earlier, but price has moved back below The USDCAD continued its run higher today with the pair breaking above its 2021 highs between 1.2869 and 1.2880 (from January and February).
Nvidia's takeover of Arm raises competition concerns The £29bn takeover of Arm by US firm Nvidia raises "serious" competition worries, a UK watchdog says.
Hedge Fund Star Whiffs at the Plate Mudrick Capital’s deal for baseball card seller Topps fell apart faster than the Mets in September.
The USD retracing the gains as sentiment shifts Nasdaq up near 100 points now The US stocks are moving higher after trading lower in premarket trading. Feds Kaplan's comments was the catalyst for the reversal.
Afghanistan: Another Reminder for Withering Britain Afghanistan as an echo of the end of imperial Britain.
US broad stock indices open higher erasing pre-market declines. Dow modestly lower. Fed's Kaplan comments give stocks a boost The major US stock indices are trading mixed in early New York trading, erasing the premarket declines. Comments from Feds Kaplan have given the indices a boost.
Business Groups Sue Over Healthcare Price Transparency Rule In the latest legal challenge to efforts to make public rates that have long been kept secret, the U.S. Chamber of Commerce and a pharmacy-benefit managers trade group are suing to block parts of a federal disclosure rule.
US stocks rebounding in premarket trading. S＆P and NASDAQ positive Kaplan comments give the stocks a boost in premarket trading Recall that Kaplan was one of the more hawkish Fed officials, calling for an early tapering during his most recent interview on August 11 (see: .)
USDJPY bounces near the 100 hour MA/100 day MA Down and up day so far with pair trading between 100 hour and 200 hour MA The USDJPY moved down into the European/London morning session and in the process retested its 100 hour moving average (lower blue line currently at 109.61). The 100 hour moving average is starting to tilt more to the upside.
EURUSD tests low from yesterday. Holding so far EURUSD test 2021 low (at lowest level since November 2020). The EURUSD is testing low from yesterday at 1.16648. The low price just reached 1.16644 and bounced a few pips higher. Traders are leaning against the low, with stopped likely on a break lower.
Back to School and the Complexities of Returning “Like trying to take a drink out of a fire hydrant:” Four principals on how Covid-19 is upending the start of a new year yet again.
La MaMa’s Season Includes an Indigenous Take on Shakespeare A version of “A Midsummer Night’s Dream” is planned, along with the company’s puppet series, an examination of the Tulsa Race Massacre and more.
Cutting off jobless benefits early may have hurt state economies. Prematurely ending federal programs had little effect on pushing people back to work, researchers find, but sharply cut their spending.
Topps SPAC Merger Collapses After Loss of MLB Trading-Card Deal Topps had reached a deal in April to become publicly traded through a merger with Mudrick Capital Acquisition.