US interest rate cut expectations drive markets higher - business live

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Rolling coverage of the latest economic and financial news, including new healthchecks on the world’s service sector companies

Japan’s stock market has matched last night’s Wall Street rally, by jumping by 2% as well. The Topix index gained 30 points to 1,530, amid speculation that the Fed might lower interest rates this year. The Hong Kong and Australian markets also got a lift.... even though Jerome Powell’s comments yesterday were somewhat cryptic. Promising to act “appropriately” isn’t exactly a concrete pledge.

 

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So keep robbing Peter's entire future to get Paul some wows this week....

For people who actually have a 401k, that money would be better stashed in your house somewhere. Just saying.

The UnitedStates violates the sovereignty of Guatemala by exercising the role of anti-immigration police, impeding the right of citizenship move.

Which, let’s face it, means less than nothing to us average Joes...

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