Month: June 2021

U.S. stock futures were steady in overnight trading on Monday after the Nasdaq Composite and S&P 500 registered new record highs ahead of the Federal Reserve’s latest monetary policy meeting. Dow futures fell just 12 points. S&P 500 futures were flat and Nasdaq 100 futures ticked 0.04% lower. On Monday, S&P 500 gained 0.2% to
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CNBC’s Jim Cramer on Tuesday warned about the stock market implications of Federal Reserve Chairman Jerome Powell‘s upcoming post-meeting news conference. The Fed is set to release its policy statement at 2 p.m. ET on Wednesday, at the conclusion of its two-day June gathering. Powell’s Q&A session with reporters is scheduled to follow. Powell’s comments
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Hollie Adams/Bloomberg via Getty Images President Joe Biden has consistently pledged not to raise taxes on households making less than $400,000 a year. Whether his tax proposal keeps or breaks that promise depends on one’s frame of reference. Primarily, it’s a question of how an observer considers a taxpayer earning less than $400,000 who has
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The leaders of the world’s seven richest democracies ended their meeting in Britain on Sunday. This episode of What’s Ahead explains why other than pledging to get more Covid-19 vaccines to poorer nations, this ballyhooed confab was a big-time disappointment. Regarding President Biden’s promise of tough and united action against China, especially on its human
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