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Category: Business
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Treasury yields end at one- or two-year lows as Fed rate cut looms
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Latest News Today Live Updates September 19, 2024: US Fed rate cut: Full text of monetary policy statement by FOMC
Copyright © HT Digital Streams Limited All Rights Reserved. Business News/ News / Latest News Today Live Updates September 19, 2024: US Fed rate cut: Full text of monetary policy statement by FOMC 1 min read . Updated: 19 Sep 2024, 12:08 AM IST Livemint Latest News Today Live Updates: Today’s news roundup to get
US Fed rate cut: Full text of monetary policy statement by FOMC
The US Federal Reserve finally cut benchmark interest rate by 50 bps to 4-3/4 to 5% for the first time in four years. This marks the kicking off of an easing rate cycle. The Federal Reserve has held its policy rate in the 5.25-5.50% range since July 2023 as inflation rose to a 40-year high
Households ‘still hurting from wholesale price surge’
Navigation for News Categories Power prices jumped notably when wholesale prices increased through August, data compiled by a retailer showed. Photo: 123RF New data calls into question power company claims that households have not been affected by the recent surge in wholesale power prices, one independent retailer says. Data compiled by electricity retailer Electric Kiwi
Te reo Māori needs to go digital to survive – innovator
Navigation for News Categories Peter-Lucas Jones attending the TIME100 Impact Dinner in San Francisco. Photo: Peter-Lucas Jones / supplied A Māori tech innovator and language revitalist wants to see te reo Māori thrive in-person and digitally. Peter-Lucas Jones, chief executive of Far North-based Te Hiku Media, earlier this month was named in Time magazine’s top
Must Buy Memecoins For 3X – 5X Surge In Q4!
With the price of Bitcoin reclaiming the $60k level, the crypto market has experienced a strong bullish recovery over the past few hours. Moreover, the memecoin category has recorded the highest gains with many tokens recording a surge of up to 3 digits. Following this, investors are turning optimistic about the memecoin mania and a
Developers To Split Ethereum’s Pectra Upgrade Into Two Parts!
Amidst the many developer priorities for what to tackle next, the Ethereum developers are considering dividing the highly anticipated Pectra upgrade into two parts. Pectra was on track to be Ethereum’s biggest hard fork to date. Due to the entire package of new features becoming unmanageable, developers have expressed a desire to split it due
TRIBE VIBE: Frans Cronje’s analysis at BNIC#1 sparks hope and realism
In a compelling keynote session at the BizNews Investment Conference BNIC#1, Dr Frans Cronje offered a deep dive into South Africa’s Government of National Unity (GNU), unravelling its strategic importance and potential pitfalls. The BizNews tribe praised Frans Cronje for his insightful, balanced take on South Africa’s future. His realistic analysis offers hope, sparks critical
BNIC#1 Piet Viljoen: “Lollapalooza” outcomes, ridiculously bad investments and strategic insights
In his keynote session at BNIC#1 in Hermanus, Piet Viljoen reflected on both good and bad investments, emphasising how bad investments can cause significant losses, while “Lollapalooza” outcomes—extremely profitable investments—are rare but attainable. He suggested inverting investment strategies, avoiding bad decisions, and seeking undervalued opportunities like energy stocks or South African equities for potential Lollapalooza