Tag Archives: Rate

For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has come down a lot from 9% in 2022 to 2.9% in the government’s latest CPI report. Core PCE prices, the Fed’s favorite gauge of inflation, rose 2.9% in August, matching July’s climb.  But inflation has been sticky as tariffs take hold, and …

SYDNEY — Blue Origin plans to significantly increase the launch rate of its New Shepard suborbital vehicle and is weighing the addition of new spaceports. Speaking at the Global Spaceport Alliance’s International Spaceport Forum here Sept. 28, Phil Joyce, senior vice president for New Shepard at Blue Origin, said the company expects to increase its launch cadence to weekly in …

Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’ on Americans  MSN Citadel’s Griffin says Apple should not be exempted from tariffs only because it’s ‘connected’  CNBC Citadel’s Ken Griffin Sounds Off on Tariffs, Quarterly Reporting and Control of the Fed  The Wall Street Journal Ken Griffin says it’s ‘anti-American’ …

Jeopardized efforts This week, the IFRC requested $25 million to contain the outbreak, but it has only $2.2 million in emergency funds for its outbreak response so far. The WHO likewise estimated the cost of responding to the outbreak over the next three months to be $20 million. But WHO spokesperson Tarik Jasarevic told the AP on Thursday that it …

European stocks lead as Trump tariffs knock Asia, Fed rate cut bets recede  Reuters Trump announces a 25% tariff on trucks and a 30% tariff on furniture  CNN Trump’s new tariffs are a win for this trucking stock  Business Insider Trump’s New Tariffs Shock Countries Reeling From His Chaotic Trade War  The New York Times Trump to put import taxes on pharmaceutical drugs, kitchen …

Wall Street is starting to rethink the need for multiple rate cuts into 2026  MarketWatch The Fed’s once oh-so-certain cuts for the rest of 2025 are already fading into oblivion  Fortune Wall Street Bets Rates Will Drop Much More Than the Fed’s Forecasts  The Wall Street Journal Stock and crypto bulls are watching for rate cuts to drive the market higher: Opening Bid …

Speech by President Lorie Logan Lorie K. Logan Dallas Fed President Lorie K. Logan delivered these remarks at the Federal Reserve Bank of Richmond CORE Week Workshop: The Fed’s Balance Sheet. Thank you for inviting me to participate in this important workshop. These in-depth discussions about how the Fed implements monetary policy are incredibly valuable. I’m going to get back …

A vast river of neutral hydrogen bridges two galaxies that are beginning to enter the monstrous Virgo Cluster, and this structure is helping astronomers better understand our Milky Way’s relationship with the nearby Magellanic Clouds. The two galaxies, named NGC 4532 and DDO 137, are in fact falling into the Virgo Cluster at 547 miles (880 kilometers) per second, and …

Washington  —  The US economy’s comeback in the second quarter was just revised higher again, and economists estimate that momentum carried on in the third quarter, underscoring the resilience of the world’s largest economy. Gross domestic product, the broadest measure of economic output, rose at an annualized rate of 3.8% from April through June, the Commerce Department said Thursday in …

The stock market stumbled again on Wednesday as the September rally struggled to find its next catalyst. The Dow Jones Industrial Average fell 172 points, or 0.4%. The S&P 500 was down 0.3%. The Nasdaq Composite was down 0.4%. The yield on the 2-year Treasury note rose to 3.6%. The 10-year yield rose to 4.14%. It was the first time …