Economy

Altman to return as OpenAI CEO, Nvidia's China warning - what's moving markets
November 22, 2023 09:30 PM AEDT| By InvestingInvesting.com -- Sam Altman is set to be brought back as chief executive of OpenAI under the supervision of a new board following days of tension and turmoil at the high-profile AI start-up. Elsewhere

Fed members support keeping rates at restrictive levels for some time: Fed minutes
November 22, 2023 06:32 AM AEDT| By InvestingInvesting.com – Federal Reserve policymakers were in support of keeping rates at restrictive levels for "some time" until inflation is clearly on a downward path, though stopped short of suggesting

Fed minutes ahead, Nvidia to report, OpenAI turmoil - what's moving markets
November 21, 2023 09:18 PM AEDT| By InvestingInvesting.com -- U.S. futures inch down slightly, but stick relatively close to the flatline, as traders look ahead to the release of minutes from the Federal Reserve's November policy meeting and ear

RBA minutes: Board tightens monetary policy amid inflation concerns
November 21, 2023 11:54 AM AEDT| By InvestingInvesting.com - At a recent monetary policy meeting convened by the Reserve Bank Board on November 7, 2023, crucial discussions on global and domestic economic developments were held. The spotlight wa

Microsoft hires Sam Altman, Cruise CEO resigns - what's moving markets
November 20, 2023 09:28 PM AEDT| By InvestingInvesting.com -- U.S. stock futures edged higher ahead of the first day of a Thanksgiving-shortened trading week, as investors geared up for minutes from the Federal Reserve's latest meeting and earni

Australian Share on Rise: Optimism Amidst Economic Factors
November 20, 2023 08:52 PM AEDT| By Team Kalkine MediaAustralian shares witnessed a positive surge in trading on Monday, primarily steered by robust performances in the banking and energy sectors. This bullish trend was underpinned by the prevailing optimism surrounding the speculated plateauing of U.S....

China leaves loan prime rate unchanged at record lows
November 20, 2023 12:32 PM AEDT| By InvestingInvesting.com-- The People’s Bank of China kept its benchmark loan prime rate unchanged near record lows on Monday, as it continued to skirt the balance between fostering an economic recovery and pr

Gap's holiday season outlook, Alibaba slips in Hong Kong - what's moving markets
November 17, 2023 09:22 PM AEDT| By InvestingInvesting.com -- U.S. stock futures point into the green following a mixed session on Wall Street, as traders pour through a raft of economic figures this week. Gap's (NYSE:GPS) quarterly profit tops

Walmart to report, Biden-Xi meeting - what's moving markets
November 16, 2023 09:24 PM AEDT| By InvestingInvesting.com -- U.S. stock futures inch broadly lower on Thursday after a positive session on Wall Street, while traders look ahead to retail chain Walmart's (NYSE:WMT) forecast for the holiday shopp

Futures inch higher, Target to report - what's moving markets
November 15, 2023 09:24 PM AEDT| By InvestingInvesting.com -- U.S. stock futures inch up on Wednesday, after the main indices on Wall Street soared in the prior session on optimism that slower-than-projected inflation data may lead the Federal R

U.S. inflation data ahead, Home Depot to report - what's moving markets
November 14, 2023 09:22 PM AEDT| By InvestingInvesting.com -- Investors' gazes are fixed on U.S. October inflation figures due out on Tuesday, which could provide some clarity into the Federal Reserve's interest rate plans. Meanwhile, Home Depot

Soft landing still in play as Fed rate cuts will go 'well beyond' expectations: MS
November 14, 2023 10:00 AM AEDT| By InvestingInvesting.com -- The Federal Reserve's higher for longer rate regime will be followed up by a series of rate cuts starting in June next year that will go "well beyond" market expectations, Morgan Stan

U.S. inflation data looms large, retail earnings ahead - what's moving markets
November 13, 2023 09:14 PM AEDT| By InvestingInvesting.com -- U.S. futures pointed into the red on Monday, with markets gearing up for a week of major economic data that could help determine the path ahead for Federal Reserve interest rate polic

Powell comments, China's ICBC hit by ransomware attack - what's moving markets
November 10, 2023 09:10 PM AEDT| By InvestingInvesting.com -- U.S. stock futures were mixed heading into the final day of trading this week, as investors eyed Treasury yield moves and gauged the path ahead for interest rates following a closely-

RBA study: Population growth upholding business prices, curbing wage growth
November 10, 2023 02:40 PM AEDT| By InvestingInvesting.com - The Reserve Bank has unveiled its latest economic projections for the upcoming years, revealing that unexpected population growth simultaneously enhances business pricing ability while

Powell revives hike fears, says Fed not confident rates sufficiently restrictive
November 10, 2023 07:02 AM AEDT| By InvestingInvesting.com -- Federal Reserve Chairman Jerome Powell said Thursday the Fed wasn't confident yet they had reached a sufficiently restrictive level on monetary policy to bring inflation down to targe

Powell to speak, SoftBank's loss, Disney's earnings beat - what's moving markets
November 09, 2023 09:22 PM AEDT| By InvestingInvesting.com -- U.S. stock futures are mixed on Thursday following a relatively muted session on Wall Street, with traders looking ahead to comments from Federal Reserve Chair Jerome Powell later in

Fed speak ahead, Disney to report - what's moving markets
November 08, 2023 09:44 PM AEDT| By InvestingInvesting.com -- U.S. futures hovered around the flatline on Wednesday, with comments from Federal Reserve officials tempering some investor optimism that has supported a prolonged rally on Wall Stree

Fed members push back against bets that hiking cycle is done; Powell eyed
November 08, 2023 10:24 AM AEDT| By InvestingInvesting.com -- Federal Reserve members on Tuesday downplayed expectations that era of rate hikes has ended, setting the stage for Fed chairman Jerome Powell to potentially deliver a hawkish push bac

Futures point lower, WeWork files for bankruptcy - what's moving markets
November 07, 2023 09:24 PM AEDT| By InvestingInvesting.com -- U.S. futures drop as traders attempt to gauge the staying power of a recent rally on Wall Street. WeWork files for bankruptcy following a post-COVID downturn in demand for office spac

Advertise your brand on Kalkine Media