Behind every successful man, there's a woman and these ladies prove this to be true everyday -- Stocks rose as traders sifted through comments from Federal Reserve speakers after Jerome Powell said officials “will proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.
OKUMA, Japan — The tsunami-wrecked Fukushima Daiichi nuclear power plant has begun releasing its first batch of treated radioactive water into the Pacific Ocean — a controversial step that prompted China to immediately ban seafood from Japan.
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Fed Chair Powell at Jackson Hole: What investors need to knowFed Chair Jerome Powell is scheduled to speak at the Jackson Hole Economic Symposium tomorrow. Jeanna Smialek, New York Times Federal Reserve and Economy Reporter, joins Yahoo Finance Live from Jackson Hole, Wyoming, to discuss what to expect from Powell's speech and everything investors need to know. Regarding inflation, Smialek said, 'We've got pretty sticky core inflation, that number is quite a bit higher, almost 5 percent still ... I think the Fed has to both signal that they're willing to do what it takes ... while also avoiding signaling that they're going to do so much that they're going to push the economy into recession.'
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