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The Latest Breaking News from Lisa Cook

How an under-the-radar network of powerful Black women created the most potent campaign tool of 2024 and raised millions

Oprah Winfrey saluted Jotaka Eaddy for making 2024 the year of the "Zoom election" and raising millions for Kamala Harris.

Fortune

Stock Index Futures Muted as Bond Yields Climb, FedEx Soars on Upbeat Results

September S&P 500 E-Mini futures (ESU24) are up +0.03%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.12% this morning as U.S. Treasury yields marched higher, while FedEx shares surged following better-than-expected quarterly results and profit forecast.

Barchart

Stock Index Futures Muted as Bond Yields Climb, FedEx Climbs on Upbeat Results

Barchart

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Nasdaq Futures Rise as Tech-Driven Rally Continues, FedEx Climbs on Upbeat Results

September Nasdaq 100 E-Mini futures (NQU24) are trending up +0.19% this morning as Nvidia and other chip stocks continued to rise, while FedEx shares surged following better-than-expected quarterly results and profit forecast.

Barchart

Stock Index Futures Rise as FedEx Results Boost Sentiment, Micron Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.23%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.38% this morning as investors cheered forecast-beating quarterly results and profit forecast from global economic bellwether FedEx, while also awaiting an earnings report from memory chipmaker Micron Technology.

Barchart

Asian Markets Rise After Wall St Rebound, Inflation In View

The euro also remained under pressure ahead of weekend elections in France that polls suggest will see big wins for the far-right and left-wing parties pushing President Emmanuel Macron's centrists into third.

Latin Times

Asian Markets Fluctuate After Wall St Rebound, Inflation In View

Asian markets swung Wednesday following a tech-led bounce on Wall Street as investors prepare for the release of crucial US inflation data, while the yen fell back towards levels that have stirred intervention warnings from Japanese officials.

International Business Times

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Lisa Cook, a Federal Reserve governor, says AI is ‘not going to replace us’

Lisa Cook says every word counts, and artificial intelligence won’t be replacing central bankers anytime soon.

Fortune

Stock Index Futures Muted as Nvidia-Driven Rally Stalls

March S&P 500 E-Mini futures (ESH24) are down -0.06%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.17% this morning as market participants assessed the outlook for equities after the previous day’s strong rally in the wake of Nvidia’s blockbuster earnings.

Barchart

Inflation has cooled a lot. So why do things still feel so expensive?

Inflation has cooled significantly recently, but you may still find yourself paying more at the grocery store. What gives? Here's a primer on what easing inflation actually means.

WEKU

Dow Jones Gains As Yields Spike; Berkshire Slumps As Warren Buffett Snaps Up These Assets

The Dow Jones rose as Treasury yields jumped. Warren Buffett-led Berkshire Hathaway skidded after earnings. Tesla stock tumbled.

Investors Business Daily

3 officials sworn in at Federal Reserve, as governing board reaches full strength

Federal Reserve Chair Jerome Powell swore in three members of the central bank’s governing board Wednesday, including Philip Jefferson as vice chair and Adriana Kugler to fill a vacant seat as the central bank’s first Latina governor

The Independent UK

Biden's 3 Federal Reserve nominees appear likely to win Senate approval

President Joe Biden’s three nominees for the Federal Reserve’s Board of Governors pledged to fight inflation during a confirmation hearing that drew only modest pushback from Republican members of the Senate Banking Committee

The Independent UK

Biden taps Philip Jefferson to be Fed's vice chair, Kugler as first Hispanic on Fed board

President Joe Biden has nominated Philip Jefferson, a member of the Federal Reserve’s Board of Governors, to serve as vice chair of the board

The Independent UK

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Tribune News Service

‘Blonde with a dog,’ guardian angels saved life of CEO. He’s trying to find them

If you’re going to jog and essentially drop dead on the sidewalk, you’d want it to happen like it did for Jon Cook of Johnson County, Kansas — who’d still like to find the unknown “blonde with a dog” and other guardian angels who helped save his life.

StockNews.com

5 Top Stocks to Buy for 2023

The stock market witnessed a solid start this year amid improving investors’ optimism. Moreover, experts see increased chances of a soft landing. So, fundamentally strong stocks Merck (MRK), Novartis (NVS), Sysco (SYY), Progress Software (PRGS), and LSI Industries (LYTS) could be solid buys now. These stocks pay consistent dividends. Read…

Chronicle Live

Dyslexia diagnosis should not be barrier to school success, say North Tyneside Council officers

North Tyneside education officers want an education system that makes dyslexia diagnosis irrelevant

Tribune News Service

Fed will work to reduce inflation 'until the job is done': Board governor

DETROIT — Lisa Cook, a member of the Federal Reserve Board of Governors, said the Federal Reserve will continue to work to bring down inflation "until the job is done," which includes increasing interest rates.

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WEKU

Stocks sink despite Friday's report that hiring cooled in September

A new jobs report showed a modest slowdown in hiring last month that was not enough to soothe Wall Street's worries about inflation and the Fed. The unemployment rate edged down to 3.5%

Benzinga

Fed Governor Says Traditional Econ Data May Not Be Keeping Up With Inflation: 'Often A Mistake'

A Federal Reserve governor has suggested that traditional data sources and lagging economic indicators might not cut it anymore.

Investors Business Daily

Dow Jones Dips As Fed Governor Touts Rate Hikes; Marijuana Stocks Explode On Biden Move; GE Stock Falls

The Dow Jones fell as Fed official Lisa Cook touted rate hikes. Marijuana stocks such as Tilray jumped on a Joe Biden move. GE stock fell.

The Independent UK

Fed's Cook says more rate hikes needed to combat inflation

Federal Reserve Governor Lisa Cook says more interest rate increases will be necessary to wrestle inflation under control

The Independent UK

Fed tackles inflation with its most diverse leadership ever

When Diane Swonk first attended the Federal Reserve’s annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women who attended the event

The Independent UK

Hot inflation dims likelihood Fed can achieve 'soft landing'

For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession

The Independent UK

Senate panel backs Michael Barr, Biden pick as Fed regulator

The nomination of Michael Barr, President Joe Biden’s choice to be the top regulator on the Federal Reserve’s Board of Governors, was approved by a congressional committee and sent on the full Senate

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