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In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Federal Reserve has delivered a super sized Interest Rate cut aimed at bolstering the us Labour Market. The 0. 5 percentage cut, the first in ov ....
let s get down to business, there were no january blues on wall street as the month ended on a high for investors. lets look at the numbers some of the biggest names in corporate america have been reporting their latest earnings. the dow is up 2% in the month, the s&p is up 596. the rally comes as investors also look ahead to the us federal reserve as a two day meeting gets underway. my colleague samira hussain, with more from new york. 2022 was the worst year for the stock market since 2008 year, so far, is proving to be different with financial markets posting strong again for the month of january. markets posting strong again for the month ofjanuary. 0n for the month ofjanuary. on wednesday, all eyes moved to washington for the latest interest rate decision. traders are expecting to see rates increase by 25 points, a far cry from the aggressive interest rate hikes last year when america s central bank raised interest rates by three quarters of a percent four times. b ....
Of different locations before is then handed on to france. So, it is going to be 11 days that it will be on greek soil. 6000 torchbearers will be carrying the flame. Lets have a listen into the ceremony. She speaks greek Applause Studio so, that is the Olympic Flame, being held by the high priestess, which is the greek actress mary mina. She has been part of this ceremony which has been taking place. Now we are expecting her to hand over the flame to the first torch bearer. There we go. So, the first torchbearer who is the 2020 Olympic Rowing champion stefan snicko sauce, he now has that flame being let from the high priestess, which will signify the start of the official torch relay for paris 2024. Stefa nos stefanos ntouskos. Applause so, a single white dove let up into the sky in olympia as part of this torch relay fl ....
People items should be sent to the Gloucester Daily Times, 36 Whittemore St., Gloucester, MAx 01930, via email to [email protected] or faxed to 978-282-4397. College graduation and dean’s list items ....