Tag Archives: Worries

Fed asset purchases could end ‘few months early’ as Omicron worries rise

Federal Reserve Chairman Jerome Powell said Tuesday that the central bank could end its asset purchase program a few months sooner than currently planned, signaling confidence in the economic recovery despite jitters over the Omicron variant of the coronavirus. “We now look at an economy that is very strong and inflationary pressures that are very high and that means it’s appropriate for us to discuss at our next meeting — which is in a couple weeks — whether it would be appropriate to… Source link

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City OKs Google data centers amid secrecy, water worries

SALEM, Ore. — The council of a small Oregon city has approved a deal with Google that will enable the technology giant to build two more water-guzzling data centers there, though some residents worry about drought and secrecy. A single data center can churn through millions of gallons of water per day to keep hot-running equipment cool, and the placement of these facilities in drought-prone areas is an increasing concern around the globe, even as reliance on them is growing. Data centers… Source link

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Google earnings aren’t as exposed to Apple change that sunk Snap, but Alphabet has its own worries

The same factors that torpedoed Snap Inc.’s earnings results ominously linger as investors await Alphabet Inc. parent Google’s financial results on Tuesday. Google GOOGL, -3.04% GOOG, -2.91% could be hindered by a change in Apple Inc.’s AAPL, -0.53% privacy policy that makes it harder to target and measure digital advertising as well as a choked global supply chain that has driven down ad… Source link

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REFILE-US STOCKS-Wall St drops 2% on growth worries; focus turns to Fed

(Corrects to remove extraneous text in headline) * Energy, bank stocks lead market declines * All eyes on Fed’s policy meeting later this week * Major airlines gain as U.S. relaxes travel rules * Indexes down: Dow 1.92%, S&P 2.04%, Nasdaq 2.53% By Devik Jain Sept 20 (Reuters) – Wall Street’s main indexes tumbled on Monday, as concerns about the pace of a global recovery spurred a selloff across sectors at the start of a week in which the Federal Reserve will decide on potentially tapering its… Source link

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US STOCKS-Wall St tumbles on growth worries; focus turns to Fed

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)    * Energy, bank stocks lead market declines    * All eyes on Fed’s policy meeting later this week    * Indexes down: Dow 1.34%, S&P 1.35%, Nasdaq 1.63% (Updates to open; changes quote)    By Devik Jain    Sept 20 (Reuters) – Wall Street’s main indexes tumbled on Monday, as concerns about the pace of a global recovery hit economy-linked stocks at the start of a week in… Source link

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US STOCKS-Wall Street falls on worries over slowing economic recovery

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Drugmakers Amgen, Merck weigh on Dow after rating cuts * Boeing drops after Ryanair ends jet order talks * Tinder parent Match Group jumps on joining S&P 500 * Indexes down: Dow 0.72%, S&P 0.42%, Nasdaq 0.02% (Updates to open) By Shashank Nayar Sept 7 (Reuters) – The Dow Jones and S&P 500 fell on Tuesday, as worries over the slowing pace of economic recovery overshadowed hopes that the… Source link

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Stocks to Commodities Sink on Fed Taper Worries: Markets Wrap

(Bloomberg) — Global markets tumbled across the board, as investors fled to the safety of U.S. Treasuries and the dollar, amid concern the Federal Reserve may start tapering stimulus this year even as the delta virus variant undermines global growth. U.S. stock-index futures fell, with contracts on the S&P 500 Index losing as much as 1.1%, and European stocks slid the most in a month. A selloff in commodities deepened, as iron ore plunged more than 10% and oil headed for the longest slump… Source link

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Wall Street dives as COVID-Delta variant worries swamp earnings; Robinhood seeks $35B valuation

Stocks sank on Monday, pushing Wall Street benchmarks lower even as second-quarter earnings results reflect a strengthening economic rebound, as rising worries over inflation and the resurgence of new COVID-19 infections rattled investors. This week’s batch of earnings will include industry leaders like Netflix (NFLX) and Johnson & Johnson (JNJ), offering a fuller picture of how companies are faring as more parts of the economy reopened in the spring and early summer. All eyes will also be on… Source link

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Suze Orman worries about a market crash — here’s what you should do

Suze Orman worries about a market crash — here’s what you should do As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy. That clash has worried investing experts, including Suze Orman, who’s gone so far as to say she’s now preparing for an inevitable market crash. And a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something. Here’s an explanation of where the… Source link

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Yahoo News/YouGov poll: U.S. COVID worries fall to lowest level ever ahead of Memorial Day – Yahoo News

The Independent ‘Shame on the Republican party’: GOP senators block Capitol riot commission Senate Republicans have blocked a bipartisan commission to investigate the Capitol insurrection, hoping to crush a probe into the violent assault before critical 2022 elections while GOP lawmakers manipulate a narrative around a riot inspired by persistent election myths. Despite a last-minute lobbying effort from US Capitol Police officers and the family of an officer who died after the attack,… Source link

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