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Fed Still Taking 'All-In' Approach To Economic Recovery: Powell
Friday, March 19, 2021 - 1:58pm | 509Read More...The SPDR S&P 500 (NYSE: SPY) recovered from early losses on Friday and traded higher by 0.2% after the Wall Street Journal published an op-ed by Federal Reserve Chair Jerome Powell. Powell’s Words: In the story, Powell said the Fed remains committed to an “all-in” approach to...
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Fintech Focus For March 18, 2021
Wednesday, March 17, 2021 - 5:38pm | 1916Read More...Quote To Start The Day: First, have a definite, clear practical ideal; a goal, an objective. Second, have the necessary means to achieve your ends; wisdom, money, materials, and methods. Third, adjust all your means to that end. Source: Aristotle One Big Thing In Fintech: Founded in 2020, TradeUI...
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Markets Close On Positive Note After Turbulent Week
Friday, March 5, 2021 - 6:10pm | 266Read More...To quote the classic Dinah Washington tune: What a difference a day makes. After the markets tumbled Thursday amid rising bond yields and Federal Reserve Chairman Jerome Powell’s prediction of increasing inflation, markets closed Friday on an upswing fueled by the positive news of...
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Fintech Focus For March 5, 2021
Thursday, March 4, 2021 - 6:41pm | 1896Read More...Quote To Start The Day: We can do anything we want to if we stick to it long enough. Source: Helen Keller One Big Thing In Fintech: Square, a fintech company that serves both individuals and companies, announced that it has purchased a majority stake in Tidal, a music streaming service. The deal,...
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Powell Talks Inflation And Wall Street Continues To Stumble
Thursday, March 4, 2021 - 6:28pm | 612Read More...The Newtonian concept of what-goes-up-must-come-down is on full display over the past two weeks as the markets continue to drop from all-time highs. Federal Reserve Chairman Jerome Powell greased the slide with predictions of increased inflation in the near future. What Happened in Washington:...
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Powell Says Economy Far From Fed's Employment, Inflation Goals
Tuesday, February 23, 2021 - 3:14pm | 258Read More...Federal Reserve Chair Jerome Powell testified before Congress Tuesday about the country's economic and monetary policy. Powell's Testimony: Powell told members of Congress that the current state of the economy is a long way from the Fed's unemployment and inflation goals, a...
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Fintech Focus For December 17, 2020
Wednesday, December 16, 2020 - 6:26pm | 2091Read More...Quote To Start The Day: Pricing an IPO is more of an art than a science. Source: Ran Ben-Tzur One Big Thing In Fintech: A massive delta exists between public and private assets. That’s according to Solomon Tesfaye, the vice president of business development and capital markets at tZero Group...
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Fed Maintains Interest Rates, Pledges To Continue 'At Least' $120B In Monthly Asset Purchases
Wednesday, December 16, 2020 - 3:35pm | 408Read More...The Federal Reserve maintained its target fed funds rate range of between zero and 0.25% on Wednesday. The Fed also reassured investors it will continue to support the economy via asset purchases while the U.S. navigates the ongoing pandemic. “The Federal Reserve will continue to...
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Fintech Focus For December 3, 2020
Wednesday, December 2, 2020 - 7:25pm | 1957Read More...Quote To Start The Day: Coming hard on the heels of the trade war, the Covid shock will intensify pressure for the diversification and localization of supply chains — just not yet. A year spent in emergency response mode is not a year when projects requiring detailed planning, significant...
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Fintech Focus For November 13, 2020
Thursday, November 12, 2020 - 7:51pm | 1822Read More...Quote Of The Day: The purpose of our lives is to be happy. - Dalai Lama Fintech Movers: Sandboxes offered by various federal and private banks, regulators, and large-scale organizations reflect the changing environment of bringing innovation to the table through collaboration. - MEDICI NYCE...
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Benzinga's Bulls And Bears Of The Week: Apple, Toyota, Verizon And More
Saturday, November 7, 2020 - 11:38am | 1206Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. The bullish calls during election week included automakers and a top telecom. The iPhone maker and a top solar stock were among the week's bearish calls. Of course, the past week was all about the...
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Powell Talks Economic Recovery, Near-Term Plans
Thursday, November 5, 2020 - 3:50pm | 323Read More...Fed Chair Jerome Powell in a press conference discussed his thoughts on the economic recovery and what the Fed plans on doing to help. Below are the highlights, courtesy of Benzinga Pro. Economic Recovery Economic Activity Has Continued To Recover From Its Depressed Q2 Level, Real GDP Rose At 33%...
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Barron's Picks And Pans: AT&T, GE, Zynga And More
Sunday, November 1, 2020 - 10:56am | 1151Read More...This weekend's Barron's examines why the merger frenzy among chipmakers has not impressed investors. Other featured articles discuss stock picks for any presidential outcome, how health insurers perform after elections, and the good, bad and odd of big tech earnings. Also, the...
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Fintech Focus For October 20, 2020
Monday, October 19, 2020 - 7:03pm | 1774Read More...Quote Of The Day: Life is trying things to see if they work. - Ray Bradbury Fintech Movers: Dozens of brokerage log-ins are for sale on the dark web with portfolios ranging in the low thousands to a half million dollars. - CNBC Troutwood intros app for stock investment. Acorns helping unemployed...
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'Continued Economic Rebound': Stock Market Update For The Week Ahead
Sunday, October 18, 2020 - 2:38pm | 1695Read More...The Past Week, In A Nutshell What Happened: Last week ended positive alongside vaccine optimism and a retail sales beat. Remember This: “Regardless of who may win the election, we think the continued economic rebound will support future equity gains,” said Ryan Detrick, chief market...
