The statement is the latest indication that the Fed is likely to approve an interest-rate cut at its next meeting this month. Source: NYT > Business – Jeanna Smialek
S&P 500 Touches 3,000 as Stock Rally Powers On
Few analysts expected the index to reach the milestone so soon, but many see reasons for the gains to continue. Source: NYT > Business – Matt Phillips
S&P 500 Touches 3,000 as Stock Rally Powers On
Few analysts expected the index to reach the milestone so soon, but many see reasons for the gains to continue. Source: NYT > Business – Matt Phillips
Trump Dealt the Fed a Losing Hand. Now It’s Powell’s Play.
The Fed may create political waves no matter what it does with rates at its meeting this month. The central bank’s thinking will be clearer this week. Source: NYT > Business – Jeanna Smialek
Global Recession Risks Are Up, and Central Banks Aren’t Ready
The world’s monetary authorities have limited policy space, and it’s unclear whether their backup plans will suffice to bolster growth and inflation. Source: NYT > Business – Jeanna Smialek, Jack Ewing and Ben Dooley
The Week in Business: Nike Faces a Sneaker Critique, and Christine Lagarde Needs a Replacement
Also, Facebook is working to filter out misleading (and annoying) health content. Source: NYT > Business – Charlotte Cowles