The Bank of Russia lowered benchmark rates again on Friday and denied the economy is in a recession, even after its own data showed GDP has been shrinking this year. The latest cut brought rates down by 1 percentage point to 17% and marked the third reduction since June as sky-high borrowing costs have helped cool inflation but are also …
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Morgan Stanley, Deutsche Bank expect three US interest rate cuts this year
By Joel Jose and Akriti Shah (Reuters) – Morgan Stanley and Deutsche Bank expect the U.S. Federal Reserve to deliver interest rate cuts at all its three meetings this year, following data this week showing more modest inflation pressures. The two brokerages in separate notes said on Friday they now expect the Fed to cut rates by 25 basis points …
Read More »Tylenol maker’s stock lost billions after a rumor linking the medicine to autism. Wall Street says buy the dip as one bank sees a ‘major overreaction’
This week, Kenvue, the consumer health spin-off from Johnson & Johnson, found itself at the epicenter of a market tempest this week. It began when The Wall Street Journal reported Robert F. Kennedy Jr., a longtime promoter of scientifically baseless causes for autism, planned to link Tylenol use during pregnancy to the condition. A stock rout ensued, since Kennedy is …
Read More »Apple introduces new slim MagSafe battery bank for iPhone Air
At today’s ‘Awe dropping’ iPhone 17 launch event, Apple unveiled a new MagSafe battery for iPhone. It’s optimized for iPhone Air, bringing more battery life to Apple’s ultra-thin iPhone model without compromising too much on bulk. Apple says this new MagSafe Battery will add a total of 65% of additional charge to your iPhone Air, “extending battery life further than …
Read More »Review: Anker’s new MagSafe battery bank truly delivers in its ultra-slim package
Earlier this summer, Anker announced a trio of new products – one of them being an incredibly thin MagSafe/Qi2 battery for iPhones, and now even Google Pixel 10. I’ve spent my fair share of time with it, and the new Anker Nano Power Bank is honestly everything you’d want out of a MagSafe battery bank. With Apple no longer making …
Read More »China’s Central Bank Extends Gold Buying Spree to 10 Months – Bloomberg
China’s Central Bank Extends Gold Buying Spree to 10 Months Bloomberg China’s Forex Reserves Rise in August The Wall Street Journal How much gold will be enough to diversify China’s reserves? Reuters China’s Foreign Reserve Rises To US$3.3 Trillion In August BusinessToday Malaysia China Forex Reserves Highest SInce 2015 TradingView Source link
Read More »Bank of America announces huge shift in Fed rate cut forecast – TheStreet
Bank of America announces huge shift in Fed rate cut forecast TheStreetView Full Coverage on Google News Source link
Read More »Anker’s New Prime 300W Power Bank Is the Last Portable Battery You’ll Ever Need
Anker showed off a few powerful charging and computer accessories at IFA 2025 this year, and they put out just a wacky amount of power. That’s especially true of the Prime 300W Power Bank and the Prime Docking Station, which features what the company calls “the first triple display charging dock with stable 8K display output.” The Prime 300W Power Bank …
Read More »Anker’s power bank with built-in USB-C cables is $25 off
Anker’s Laptop Power Bank came to the rescue of my laptop and smartphone during a recent power outage. They were on the verge of dying, but its pair of retractable USB-C cables powered up my devices so I could keep working remotely. Since then, I carry it with me wherever I go, and it’s bailed me out time and again. …
Read More »Exclusive: US regulators cancel bank exams as Trump rollback gathers pace – Reuters
Exclusive: US regulators cancel bank exams as Trump rollback gathers pace Reuters Regulatory Retreat: Trump’s Softer Banking Supervision Devdiscourse Trump Administration Going Light on Bank Exams Banking Exchange Exclusive-US regulators cancel bank exams as Trump rollback gathers pace yahoo.com US Regulators Scale Down Bank Exams as Trump Policies Shift Focus From Non-Core Issues MarketScreener Source link
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