Tag Archives: hole

Some users enjoy exploring Google Maps to find mysterious images. One redditor found a black island in the middle of the ocean. The image led to theories that said it was a military base or a secret portal. Loading … Source link

Stock futures edged higher Thursday evening after closing lower during the regular trading day, as jitters over the prospects of less accommodative monetary policy compounded with fresh geopolitical concerns. Contracts on the S&P 500 ticked up. Earlier on Thursday, the index closed lower to end a five-session winning streak and pull back from an all-time high. Both the Dow and Nasdaq had also ended in the red. More hawkish commentary from Fed policymakers ahead of the central bank’s key… Source link

Stock futures traded sideways Wednesday evening to hold near record levels, as traders anxiously awaited the start of a key Federal Reserve event on Thursday. Contracts on the S&P 500 opened little changed after the index reached a new record level during the regular trading day and logged a fifth consecutive session of gains. The Nasdaq had also reached a fresh record high.  Shares of Dow component Salesforce.com (CRM) edged higher in late trading after the software company boosted its… Source link

Central bankers will convene virtually this week to discuss an “uneven economy,” which could ignite a debate on the Federal Reserve’s policies as they relate to racial inequality and climate change. The Fed’s annual Jackson Hole Economic Symposium is set to kick off on Thursday with the theme: “Macroeconomic Policy in an Uneven Economy,” a departure from the vague themes of years’ past (i.e. “Implications for Monetary Policy” and “Challenges for Monetary Policy”). In… Source link

Some of the world’s most powerful central bankers will convene virtually this week, with the focus on any commentary suggesting a pullback in pandemic-era easy money policies from the Federal Reserve.  One challenge: the timeline for slowing the central bank’s $120-billion-a-month pace of asset purchases will be different depending on which Federal Open Market Committee member you ask. The divergence on the FOMC will draw attention to the Fed’s Jackson Hole meeting (which was again moved… Source link

(Adds economic data, economists’ comments) By Ann Saphir and Howard Schneider Aug 20 (Reuters) – The Federal Reserve Bank of Kansas City said on Friday its annual economic symposium in Jackson Hole, Wyoming, will take place on Aug. 27 virtually and not in person as planned, the clearest sign yet of the impact of the COVID-19 Delta variant on the Fed’s plans. “While we are disappointed that health conditions will prevent us from being able to gather in person at the Jackson Lake Lodge this year… Source link

(Bloomberg) — In the stock market, the refusal of retail investors to back down from every macro threat has become the only story. When will it end? Judging by the size of all the pools of cash lying around, it could be a while. Among all the economic stories of the pandemic, the one about money piling up in people’s accounts has been the most significant in the stock market, where the S&P 500 just notched its seventh gain in nine weeks. Money market accounts, viewed in some circles as a… Source link

By almost any metric, the Trump administration has taken extraordinary measures to help the president’s businesses profit during his four years in office. The administration pushed to hold the G7 summit at President Trump’s private club and the President himself visited one of his own properties on approximately one out of every three days he’s been in office. But the striking thing, based on the limited information we have about the inner workings of Trump’s company, is how little… Source link