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Forexlive - Dec 18th, 2024
For reference: Here was the November FOMC statement
On November 7, the FOMC cut rates by 25 basis points and released this statement:Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains somewhat elevated.The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance. The economic outlook is uncertain, and the Committee is attentive to the risks to both sides of its dual mandate.In support of its goals, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 4-1/2 to 4-3/4 percent. In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‐backed securities. The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective.In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectations, and financial and international developments.Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Thomas I. Barkin; Michael S. Barr; Raphael W. Bostic; Michelle W. Bowman; Lisa D. Cook; Mary C. Daly; Beth M. Hammack; Philip N. Jefferson; Adriana D. Kugler; and Christopher J. Waller.I wouldn't be surprised if the changes to that statement are minimal but the market will also be closely watching the dot plot and central tendencies for changes from the prior. This article was written by Adam Button at www.forexlive.com.
Pharmacy Times - Dec 18th, 2024
Turning the Page
Bloody Elbow - Dec 18th, 2024
‘He did a job on me’... Former world heavyweight boxing champion recalls fighting Daniel Cormier in MMA
Daniel Cormier finished a heavyweight boxing world champion
A trip to Santa's Workshop: United Airlines flies dozens of kids to 'North Pole'
The fantasy flights offer a little magic.
Benzinga - Dec 18th, 2024
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of ASML Holding N.V.(ASML) Shareholders
NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of ASML Holding N.V. (NASDAQ:ASML).Shareholders who purchased shares of ASML during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/asml-holding-n-v-loss-submission-form/?id=117017&from=3 CLASS PERIOD: January 24, 2024 to October 15, 2024ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the issues being faced by suppliers, like ASML, in the semiconductor industry were much more severe than defendants had indicated to investors; (2) the pace of recovery of sales in ...Full story available on Benzinga.com
Benzinga - Dec 18th, 2024
LILMF LAWSUIT ALERT: The Gross Law Firm Notifies Lilium N.V. Investors of a Class Action Lawsuit and Upcoming Deadline
NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Lilium N.V. (OTC:LILMF).Shareholders who purchased shares of LILMF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/lilium-n-v-loss-submission-form/?id=117018&from=3 CLASS PERIOD: June 11, 2024 to November 3, 2024ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) defendants overstated the progress of the Company's fundraising activities; (2) defendants overstated the likelihood and/or feasibility of obtaining sufficient ...Full story available on Benzinga.com
German and French turmoil shows European fragility
French parliamentarians ousted Michel Barnier as Prime Minister after a vote of no confidence. In Germany, Chancellor Olaf Scholz also lost a confidence vote, triggering a snap election as the uneasy coalition he headed collapsed.
Cigna executive-turned-whistleblower says Wall Street drives up health care costs
Wendell Potter left his job as a vice president at Cigna and became a whistleblower speaking out about the high cost of health care in the U.S.
Las-vegas Review Journal - Dec 18th, 2024
America’s Party 2025: Details expected for New Year’s Eve show on Strip
Fireworks will be launched off nine Strip properties to ring in 2025.
Boulder Daily Camera - Dec 18th, 2024
US repatriates 3 Guantanamo Bay detainees, including one held 17 years without charge
The move leaves just 27 detainees still at Guantanamo.
Tmz - Dec 18th, 2024
Creditors Attempting To Force Michael Vick Into Bankruptcy Over Unpaid Debt
A trio of debt collectors is trying to force Michael Vick into bankruptcy in an effort to obtain a huge sum of cash they say the ex-NFL star owes them -- but an attorney for Vick is slamming the move, calling it "frivolous." Court documents,... Permalink
Baltimore Sun - Dec 18th, 2024
US repatriates 3 Guantanamo Bay detainees, including one held 17 years without charge
The move leaves just 27 detainees still at Guantanamo.
Orlando Sentinel - Dec 18th, 2024
US repatriates 3 Guantanamo Bay detainees, including one held 17 years without charge
The move leaves just 27 detainees still at Guantanamo.
Mcall - Dec 18th, 2024
US repatriates 3 Guantanamo Bay detainees, including one held 17 years without charge
The move leaves just 27 detainees still at Guantanamo.
Boston Herald - Dec 18th, 2024
US repatriates 3 Guantanamo Bay detainees, including one held 17 years without charge
The move leaves just 27 detainees still at Guantanamo.
Sun Sentinel - Dec 18th, 2024
US repatriates 3 Guantanamo Bay detainees, including one held 17 years without charge
The move leaves just 27 detainees still at Guantanamo.
Benzinga - Dec 18th, 2024
Instagram's Ad Revenue Could Hit $32 Billion by 2025, Driving Meta's Growth: Report
Meta Platforms Inc’s (NASDAQ:META) Instagram has the potential to generate 50% of the company’s advertising revenue in the U.S., Bloomberg cites from Emarketer estimates.Instagram could breach $32 billion in U.S. advertising revenue in 2025, up over 24% in 2024, as its short-form video product Reels gain traction, Bloomberg cites Emarketer. The video-sharing app boasts over 148 million American users.Also Read: Disney’s Marvel Rivals Game Hits 20 Million Players, Proves Superhero Power Still ReignsBy early 2022, Instagram accounted for nearly 30% of Meta’s global business from 27% in 2021, Bloomberg cited court filings.Reels competes with ByteDance’s TikTok and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube Shorts.Meta’s focus on video content has been instrumental to its growth, as users devoted nearly 67% of their Instagram time to surfing videos, Bloomberg cited Jasmine Enberg of Emarketer.The TikTok ban could serve as a tailwind for Instagram, ...Full story available on Benzinga.com
Cycling News - Dec 18th, 2024
Super-talent Jan Christen joins Pogačar and Torres with contract extension through 2030 at UAE Team Emirates
'The perfect place for myself to develop as a rider and make the next steps in my career' says 20-year-old
Boston Herald - Dec 18th, 2024
Joe Mazzulla dishes on NBA ratings, 3-point gripes, All-Star changes and cricket
"In the NFL, people aren’t like, ‘I want to see less scoring.' They’re not going to make the end zones smaller."
Tom's Guide - Dec 18th, 2024
Huge Shark device sale at Walmart — 7 deals I recommend from $49
Walmart is knocking up to $250 off our favorite Shark vacuums. Here are the deals I recommend with fast delivery before Christmas.
