A general view of Cosmic Girl, a converted Boeing 747 carrying the LauncherOne rocket under its left wing, as final preparations are made at Cornwall Newquay Airport on January 9, 2023 in Newquay, United Kingdom. Matthew Horwood | Getty Images Virgin Orbit is in final talks to raise funds from Texas-based investor Matthew Brown, two … Read more
Four people should have had their eyeballs surgically removed. March 22, 2023, 9:49 a.m. ET • 4 minute read The death toll from an outbreak linked to contaminated recalled eye drops has risen and more people are losing their sight. According to an update released Tuesday by the Centers for Disease Control and Prevention, the … Read more
My top 10 things to watch Wednesday, March 22 1. The Fed meeting: does it really matter? Despite the banking crisis, the market is betting nearly 90% on another quarter-point interest rate hike on Wednesday afternoon. Investors are looking for any forward-looking comments in Fed Chairman Jerome Powell’s policy statement and post-meeting press conference. The … Read more
Dow Jones futures rose slightly on Wednesday morning ahead of the Federal Reserve’s rate hike decision and comments from Fed Chairman Jerome Powell. Retailer GameStop (GME) soared 50% on surprise earnings. X The Federal Reserve’s two-day meeting ends on Wednesday. The Federal Reserve may be reluctant to raise its target interest rate on Wednesday as … Read more
The Fed should raise its key rate. Google launches its AI product Bard for testing. Nike sees momentum in China after Covid-induced crisis. Here are the most important information investors need to start their trading day: Decision day has arrived. Will the Federal Reserve raise its benchmark rate by another quarter point, as has long … Read more
Bitcoin (BTC) could “take shorts” to break $30,000 on major US macro policy updates, according to analysis. As bets pile up on how BTC’s price will react to the Federal Reserve’s interest rate decision, $30,000 is in sight – but a drop below $20,000 is not. out of context. A trader predicts a take profit … Read more
The U.S. Federal Reserve is set to make a crucial decision on Wednesday on whether to continue its monetary tightening campaign or suspend interest rate hikes in the face of the worst banking crisis since the 2008 financial crisis. The rate decision will be announced Wednesday at 2 p.m. EST after the conclusion of the … Read more
Gold price could hit $2,600 and stay at record highs Gold prices have more room to soar as global banks struggle and investors await the US Federal Reserve’s rate decision, and could hit $2,600 an ounce. Metal prices broke above $2,000 on Monday to mark the highest since March 2022. Its all-time high was $2,075 … Read more
March 22 (Reuters) – A scramble by troubled U.S. lender First Republic Bank (FRC.N) for a capital injection on Wednesday rekindled concerns about the wider banking sector as authorities considered measures to further strengthen the financial stability. As recent market turmoil has eased, the Federal Reserve meeting later today is now a major concern for … Read more
UK inflation data paints a picture of the UK economy. Bloomberg/Contributor/Getty Images UK inflation jumped unexpectedly in February as food and energy bills continued to rise, putting additional pressure on households. The consumer price index (CPI) rose 10.4% a year, above a consensus forecast of 9.9% from economists in a Refinitiv poll and up from … Read more
