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

4 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

4 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 ...

Abu Dhabi Airports Kicks Off Safety Week

Abu Dhabi Airports Kicks Off Safety Week

Abu Dhabi Airports has kicked off this week its annual Safety Week with a series of activities designed to increase awareness of aviation safety standards and best practices... Read more ...

Fraport Traffic Figures - November 2018: Growth Trend Continues

Fraport Traffic Figures - November 2018: Growth Trend Continues

Frankfurt Airport welcomed around 5.24 million passengers in November 2018, a growth of 4.7 percent year-on-year. This development was driven by European traffic as well as... Read more ...

Melbourne Airport Treats Travellers For Christmas Giving Away $100,000 In Gifts

Melbourne Airport Treats Travellers For Christmas Giving Away $100,000 In Gifts

Travellers flying though Melbourne Airport during December will have the chance to share in more than $100,000 worth of gifts through the airport's Light Up Christmas campaign. Read more ...

Trump's newest chief of staff called him a 'terrible human being' days...

Trump's newest chief of staff called him a 'terrible human being' days before winning presidency

Alex Wong/Getty Images In 2016, Mick Mulvaney, President Donald Trump's acting White House chief of staff, called then-presidential candidate Donald Trump "flawed" and said he... Read more ...

Ottawa Macdonald-Cartier International Airport to undergo renovation

Ottawa Macdonald-Cartier International Airport to undergo renovation

Ottawa's Macdonald-Cartier International Airport unveils development plans of $100 million. This is in response to several years of steady growth which is pacing to surpass the... Read more ...

Portugal sees international tourists' arrival decline but hotel revenue...

Portugal sees international tourists' arrival decline but hotel revenue still high

The number of international tourists visiting Portugal edged lower in the first 10 months of 2018. This is the first cumulative decline after years of record figures. The... Read more ...

Argentina to develop Iberá National Park

Argentina to develop Iberá National Park

The creation of the Iberá National Park has been approved by National Congress of Argentina which will be located in the province of Corrientes, in the north-east of the... Read more ...

This Year Four Seasons Hotel Istanbul at the Bosphorus Presents a Magical...

This Year Four Seasons Hotel Istanbul at the Bosphorus Presents a Magical Winter City

This Year Four Seasons Hotel Istanbul at the Bosphorus Presents a MagicLaunching on December 16, 2018 with a grand opening party, Four Seasons Hotel Istanbul at the Bosphorus... Read more ...

Virtuoso Names The Hottest New Hotels For Every Luxury Traveler's Wishlist

Virtuoso Names The Hottest New Hotels For Every Luxury Traveler's Wishlist

Global luxury travel network Virtuoso® offers a sneak peek of the hottest upscale hotels debuting worldwide over the next few months. From Asia to Africa to Europe and beyond... Read more ...

The most expensive house for sale in New Jersey is a sprawling $29.5 million...

The most expensive house for sale in New Jersey is a sprawling $29.5 million estate with a private English-style pub, and it's only 25 miles from NYC

Special Properties Real Estate Services The most expensive home for sale in New Jersey is a $29.5 million mansion in Mahwah. The sprawling estate sits on a 46-acre property... Read more ...