Jerome Powell and the Federal Reserve’s next move: balancing rate cuts and economic stability
Jerome Powell, chair of the Federal Reserve, faces a crucial moment as the central bank…
Jerome Powell and the Federal Reserve’s next move: balancing rate cuts and economic stability
Jerome Powell, chair of the Federal Reserve, faces a crucial moment as the central bank prepares for its next policy meeting. The latest jobs report all but solidified expectations of an interest rate cut later this month, with market indicators assigning a nearly 90% chance to such a move. However, whether the Fed should proceed…
China’s growth efforts show cautious progress as businesses await bigger impact
China’s recent push to spur economic growth has shown modest progress, but the broader impact remains limited. Earnings and corporate data suggest that a robust recovery in the world’s second-largest economy may still be a long way off. Since September, Beijing has introduced a series of stimulus measures aimed at boosting key sectors such as…
UCF explores Lincoln Riley availability during coaching search
The University of Central Florida (UCF) has reportedly contacted representatives of USC coach Lincoln Riley as part of its search for a new football coach to replace Gus Malzahn. According to sources familiar with the discussions, there has been no clear indication that Riley is considering the move, nor has UCF received any signs of…
Shell and Equinor join forces to create a major energy venture in the North Sea
Shell and Norwegian energy firm Equinor have unveiled plans to merge their offshore oil and gas businesses in the UK sector of the North Sea, marking a significant step in the energy sector. The joint venture, which will be owned equally by both companies, aims to strengthen energy security and continue fossil fuel production, navigating…
Trump plans to nominate Paul Atkins as SEC chairman in a cryptocurrency-friendly move
Paul Atkins, CEO of Patomak Global Partners and an expert figure in financial regulation, has been chosen by President-elect Donald Trump to lead the Securities and Exchange Commission (SEC). The announcement, made via a post on Truth Social, signals a significant shift in regulatory priorities, particularly towards a more cryptocurrency-friendly environment. If confirmed, Atkins will…
