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Jerome Powell

European markets open to close, earnings, data and news

by Adrian Jhonsan
European markets open to close, earnings, data and news

The Euronext NV stock exchange in Paris. Nathan Laine | Bloomberg | Getty Images LONDON — European stocks closed in mixed territory Monday, as traders digested rising tensions in the …

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Categories World

CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

by Milton Acorn
CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024.  Angela Weiss | AFP | Getty Images This …

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Categories Science

CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

by Adesola Mojo
CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024.  Angela Weiss | AFP | Getty Images This …

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Categories Automobile

Israel-Hezbollah strikes, Powell Jackson Hole

by Adrian Jhonsan
Israel-Hezbollah strikes, Powell Jackson Hole

A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024.  Bloomberg | Bloomberg | …

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Categories World

Dividend stocks as a hot play into fall due to Fed and interest rates

by Milton Acorn
Dividend stocks as a hot play into fall due to Fed and interest rates

It appears more investors are eyeing dividend stocks ahead of the Federal Reserve’s interest rate decision in September. Paul Baiocchi of SS&C ALPS Advisors thinks it is a sound strategy …

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Categories Science

10-year Treasury yield slides after Powell remarks point to Fed rate cuts

by Adrian Jhonsan
10-year Treasury yield slides after Powell remarks point to Fed rate cuts

The U.S. 10-year Treasury yield fell Friday as Federal Reserve Chair Jerome Powell signaled at the annual Jackson Hole symposium that the central bank will soon begin cutting interest rates. The …

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Categories World

The Federal Reserve Could Lower Interest Rates, Which Is Good News For Your Car Loans

by Adesola Mojo
The Federal Reserve Could Lower Interest Rates, Which Is Good News For Your Car Loans

Photo: Justin Sullivan (Getty Images) Jerome Powell, chairman of the Federal Reserve, said earlier today that inflation is on its way back down to reasonable levels — levels that would …

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Categories Automobile

Workday stock gains as software provider widens 2027 margin target

by Ev Richard
Workday stock gains as software provider widens 2027 margin target

Carl Eschenbach, Co-CEO Workday, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam Galici | CNBC Workday shares soared as …

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Categories Technology

Debate on whether to trim Best Buy ahead of next week’s earnings

by Adrian Jhonsan
Debate on whether to trim Best Buy ahead of next week’s earnings

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Stocks rallied Friday after Federal …

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Categories World

‘The time has come for policy to adjust’

by Adrian Jhonsan
‘The time has come for policy to adjust’

Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent. “The time has come for …

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Categories World
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