POWELL, Ohio (WCMH) — Powell is moving forward with plans to enhance the city’s parks after agreeing to purchase a 32-acre site once home to a sheep farm. Powell City Council voted earlier this month to enter into a purchase agreement for the 32-acre parcel located along State Route 750, owned by long-time resident Marjorie […]
Low water levels are visible at Lake Powell in Utah on June 24, 2021. (Photo by Justin Sullivan/Getty Images) Utah’s reservoirs are still at what the state calls “impressive” levels, with most hovering around 90% capacity — by comparison, statewide levels were a little over half full this time last year. But Lake Powell, the […]
Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing related symptoms. Powell tested positive late Thursday. “Following Centers for Disease Control and Prevention guidance, he is staying away from others and working at home,” a Fed spokesperson said. Powell was a participant in a panel discussion in Amsterdam on Tuesday, where […]
(Reuters) -Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Thursday and is currently working from home, a Fed spokesperson said in an emailed statement. “Chair Powell tested positive for COVID-19 late yesterday and is experiencing symptoms.” He is working from home and staying away from others, the statement said, as per guidance from […]
(Reuters) -Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Thursday and is currently working from home, a Fed spokesperson said in an emailed statement. “Chair Powell tested positive for COVID-19 late yesterday and is experiencing symptoms.” He is working from home and staying away from others, the statement said, as per guidance from […]
A look at the day ahead in European and global markets from Ankur Banerjee European bourses are poised to keep the rally going ahead of the always important U.S. CPI data after comments from Fed Chair Jerome Powell reassured investors that the next move from the U.S. central bank was unlikely to be a hike. […]
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) – The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal Reserve Chair Jerome Powell reassured investors while they digested Tuesday’s data and waited for Wednesday’s crucial consumer inflation report. U.S. producer prices increased more than expected […]
After another reading of hotter-than-expected inflation, you’d think Federal Reserve Chair Jerome Powell might be getting a little worried that the battle will go on much longer than expected. But Powell, for the most part, isn’t stressing ahead of Wednesday’s crucial Consumer Price Index data set to be released in the morning. Tuesday’s wholesale inflation […]
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again. Yet Powell, during a panel discussion in Amsterdam, said his confidence that inflation […]
By Bart H. Meijer and Toby Sterling AMSTERDAM (Reuters) -Federal Reserve Chair Jerome Powell said on Tuesday he expects U.S. inflation to resume declining through 2024 as it did last year, though his confidence in that has fallen after prices rose more quickly than expected through the first quarter. “I expect that inflation will move […]
Major indexes looked past hot inflation data and Fed Chair Jerome Powell’s comments in early trades Tuesday. The Dow Jones Industrial Average rose 0.2% while the S&P 500 and the Nasdaq inched up 0.1% each in the stock market today. GameStop (GME) and AMC Entertainment (AMC) continued to rally amid a revived meme-stock frenzy.
Futures for the Dow Jones Industrial Average and other major indexes were lower Tuesday, as Wall Street reacted to hot inflation data from the Labor Department ahead of comments from Federal Reserve Chairman Jerome Powell. Meanwhile, GameStop (GME) rocketed more than 130% on the stock market today, looking to extend Monday’s big gains. X In […]