Fed boss needs straight talk to win back investors – The Australian Financial Review
August 22, 2019Federal Reserve chairman Jerome Powell needs to clearly outline his thinking on rates.
Don’t worry, interest rates will stay low. But is that good? – The Edge Markets MY
August 22, 2019The widely expected 25 basis points (bps) rate cut by the US Federal Reserve last month pretty much confirmed that low interest rates are here to stay. The cut in the benchmark federal funds rate to a range of 2% to 2.25% is the first since December 2008.
The CEOs Want You to Know That They Care – Jacobin magazine
August 22, 2019With their new statement disavowing “shareholder value,” the CEOs of the country’s biggest corporations are trying to send a message: we feel your pain and we want to do better. They’re empty words, but it’s the latest sign that the masters of the universe are getting nervous about capitalism’s waning popular legitimacy.
Cramer Remix: Lowe’s rally was fueled by more than just a strong quarter – CNBC
August 22, 2019Jim Cramer breaks down how short bets against Lowe’s helped power the stock’s rally on a second quarter beat and raise.
What buying a gun from Walmart is really like – Business Insider
August 22, 2019The availability of guns at Walmart has become a hotly debated issue in the wake of two deadly shootings at its stores that killed 24 people.
‘Hongkongers, add oil!’ Cathay Pacifi… – Taiwan News
August 22, 2019Pilot expressing support for HK protesters no longer employed by airline.The Cathay Pacific pilot who announced “Hongkongers, add oil! Be careful.” over the plane’s intercom has left the company.
The Federal Reserve must remain independent – Pittsburgh Post-Gazette
August 22, 2019The nation’s central bank should not submit to politics.
Asian markets mixed as all eyes turn to the Fed – CNN
August 21, 2019Markets are entering a holding pattern.
Why Target is shocking everyone and putting Amazon on notice – Yahoo Finance
August 21, 2019Target is rocking, to say the very least.
Walmart pins store fires on Tesla solar installs in new lawsuit – PV-Tech
August 21, 2019High-profile case alleging ‘gross negligence’ on Tesla’s part finds Elon Musk’s outfit in midst of reboot of PV business, weeks after reporting record-low solar roll-out.
