Washington, D.C CNN — Some Federal Reserve officials are already arguing for two consecutive rate hikes starting this month in a bid to curb inflation. But will their influence endure despite a reshuffle in the Fed’s interest rate committee? Probably. St. Louis Fed President James Bullard, the Fed’s toughest voice, announced on Thursday that he … Read more
India’s massive population of more than 1.4 billion people continues to grow significantly, harboring tremendous opportunities for innovation and disruption. In this regard, leaders, business, regulators and investors are beginning to realize that India’s performance will be unmatched for the next 50 years. In fact, earlier this month, Goldman Sachs released a report suggesting that … Read more
Editor’s Note: A version of this story appeared in CNN Business’s Nightcap newsletter. To get it in your inbox, sign up for free here. new York CNN — If Fed Chair Jerome Powell were less tight-lipped, he would have every right to call a press conference, step up to the podium in a T-shirt and … Read more
Washington, D.C CNN — The Federal Reserve has two goals: to keep inflation under control and to maximize employment. Mike Pence, who served as Donald Trump’s vice president and is fighting for leadership of the White House, is campaigning for the Fed’s employment mandate to be scrapped. Some economists say it wouldn’t be a bad … Read more
With the boom in digital technology, artificial intelligence and more advanced computing methods, organizations and businesses are increasingly relying on data to drive their decision-making. When thinking about big data analytics, it’s important to talk about Palantir Technologies, one of the world’s best-known companies in this space that prides itself on “enabling organizations to effectively … Read more
BANGKOK – Asian stocks fell sharply on Friday after several central banks around the world hiked interest rates to fight inflation. Hong Kong and Tokyo were down almost 2% and most other regional markets were down. US futures and oil prices were also lower. Japan reported that its inflation rate was higher than expected, fueling … Read more
new York CNN — Home contents insurance is becoming more and more expensive and difficult to find in many places. There are no signs that the situation will improve any time soon. The culprits: climate change, rising costs for conversions or repairs and a sharp increase in premiums from reinsurance companies, which insurers use to … Read more
A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can login exactly here. You can listen to an audio version of the newsletter by clicking the same link. new York CNN — The stock market has made incredible strides since its downturn last year — so … Read more