All posts by: r4ibom

Gold futures settle lower on Wednesday, pressured by strength in U.S. Treasury yields but showing little reaction to comments on monetary policy and the outlook for the economy from Federal Reserve Chairman Jerome Powell. Prices then moved lower in electronic trading after the central bank’s Beige Book report.

The U.S. economy grew faster in the early spring and more companies sought to hire new workers, a Federal Reserve survey showed, but inflation also picked up and companies faced an array of supply shortages that could restrain production.

U.S. stocks are mixed Wednesday, off the session highs, after the Federal Reserve’s Beige Book points to a moderate pace of economic growth.

The growing concerns about a rare blood-clotting disorder that has been reported in people who received the vaccines developed by AstraZeneca PLC and Oxford University and Johnson & Johnson dominated COVID-19 news on Wednesday, with Denmark becoming the first country to fully discontinue use of the AstraZeneca jab.

Grocers are stepping up their digital capabilities amid soaring online grocery adoption

‘Every time another ‘past due’ envelope arrives I panic at the thought of the savings I worked so hard to put away might be gone in one accident.’

Fed Chairman Jerome Powell suggested Wednesday that, when the Fed decides to slow or taper its asset purchases, it will use the same strategy it used in 2013 and 2014.

“It’s still a race between the variants and the vaccine,” said Amesh Adalja, a senior scholar at the John Hopkins Center for Health Security.

Coinbase CEO Brian Armstrong said a direct listing was ‘more true to the ethos of crypto.’

Popular crypto asset, dogecoin, which was engineered as a joke back in 2013, is surging along with a number of crypto assets ahead of the Coinbase IPO.

‘As I started my new job, and my wife received her money, she used part of her $200,000 inheritance to go on a spending spree: a $50,000 truck and a $20,000 camping trailer.’

Coinbase may be a good company, but COIN, valued at $100 billion, is not a good stock.

There’s a limit to what you are allowed to earn before you reach full retirement age

U.S. stocks are slightly higher at the start of Wednesday’s session as earnings of big banks kicked off the first quarter reporting season, beginning with results from JPMorgan Chase, Wells Fargo and Goldman Sachs.

The cost of imports surged in March for the fourth month in a row and added to growing inflationary pressures in the U.S., as a resurgent economy spawns strong demand for a host of goods ranging from lumber to computer chips to new cars.

Denmark has become the first country to permanently halt the use of AstraZeneca’s COVID-19 vaccine following its possible link to very rare cases of blood clots.

‘We’re here to remind you that firearms, replica weapons & BB guns are NOT allowed in your carry-on bag,’ the Transportation Security Administration said.

‘Our poll suggests that parents will need further direction on whether, when and where their child should get tested.’