Thursday's busy session follows a similarly eventful trading day. Major indexesafter the Federal Reserve held interest rates near zero and indicated it would use all of its policy tools to facilitate a full economic recovery. Jerome Powell noted that a rise in virus infection rates was already dragging on the economic rebound, and hinted at forward guidance possibly being used for further easing efforts in the future.
"With rates already so low, monetary policy is becoming less effective at stimulating the economy," Seema Shah, chief strategist at Principal Global Investors, said. "Policymakers can soften a downturn, but ultimately, they do not have the power to prevent it."
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Dow gains 163 points following Fed meeting, Big Tech testimony - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
Snap releases diversity report for the first time in its history - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Guess Black and Latinx people have to improve their resumes. So not far off from the 13% of the US population. Imagine that - an article lamenting the poor state of diversity in Silicon Valley, and the word 'Asian' is nowhere to be found. The great Asian Invisibility cloak works wonders. BTW - Latinos do not identify as LatinX.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
Zuckerberg defends Facebook by pointing to Apple, Google, TikTok success - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Sure they are... .....I rest my case 🐍 Lol did the Russians infiltrate the App Store to sway public opinion towards Donald Trump?
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