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The Nasdaq hits an all-time high after upbeat Powell testimony

8 monthes ago   |   By Business Insider

AP/Jose Luis Magana
Stocks rose Tuesday, with the Nasdaq hitting an all-time high, after Federal Reserve Chair Jerome Powell offered an upbeat outlook on the economy in a testimony before Congress. The dollar and Treasury yields rose.
Here's the scoreboard: See the rest of the story at Business Insider NOW WATCH: What happens when you hold in your pee for too long See Also: BANK OF AMERICA: A 'summer pain trade' is coming for investors with a rosy view of the global economy Another signal that Bank of America is watching for a bear market has been triggered, and the countdown is on US...
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Fed Chairman Jerome Powell discounts the risks of a trade war, says economy remains strong

Fed Chairman Jerome Powell discounts the risks of a trade war, says economy remains strong

8 monthes ago   |   By Business Insider

Joshua Roberts/Reuters
Fed Chairman Jerome Powell appeared before the Senate Banking Committee on Tuesday as part of his semi-annual testimony before Congress.
Powell said the job market will likely remain strong and inflation should hold below 2%.
He downplayed the risk of a trade war.
WASHINGTON - U.S. Federal Reserve Chairman Jerome Powell, discounting the risk that a trade war may throw a global recovery off track, said the economy is on the cusp of "several years" where the job market remains strong and inflation stays around the Fed's 2 percent target.
In written testimony delivered...
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Welcome to Georgia

Welcome to Georgia

Georgia – Tbilisi has been the capital city since the fifth century, the country of one of the most ancient histories and cultures in the world. Its special geographical... Read more ...

Mueller has submitted his report to the attorney general. Here's what...

Mueller has submitted his report to the attorney general. Here's what happens next

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Colors, Options for Mid-Engine Corvette Detailed in Apparently Leaked Order...

Colors, Options for Mid-Engine Corvette Detailed in Apparently Leaked Order Guide

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Feadship Motor Yacht Gladiator Resembles a Floating Beach

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Los Angeles Says E-Scooter Companies Have to Share Location Data 

Los Angeles Says E-Scooter Companies Have to Share Location Data 

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Donegal Airport has been named as most scenic in the world

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PrivateFly, a private jet booking service has carried out a survey around the world revealed the most scenic airport. There, the Donegal Airport has been named as the most... Read more ...

Air Seychelles Intensifies its Presence in Madagascar

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Air Seychelles the national airline of the Republic of Seychelles has today held a press conference in Madagascar to intensify its presence in the market ahead of the launch of... Read more ...

Egypt's tourism industry shows a rebound after years of decline

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After years of struggling, it looks like as though Egypt's tourism industry is firmly coming back to life once again. New data from the World Travel & Tourism Council reveals... Read more ...

Science has been seeking an answer to the question “What is a Mercedes-Benz...

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Science has been seeking an answer to the question “What is a Mercedes-Benz R-class?” for years to no avail. Nobody has ever been able to capture one to study it closely... Read more ...

Come Home to Clean Floors With This Roomba Deal

Come Home to Clean Floors With This Roomba Deal

IRobot makes some of the best robovacs around and today you can pick up the iRobot Roomba 640 Robot Vacuum for just $230, or about $50 its lowest price. Read more ...