Stock futures fall as investors look ahead to Federal Reserve speakers

Stock futures fall as investors look ahead to Federal Reserve speakers

Stock futures were lower Friday morning as investors responded to data that elevated concerns of a looming recession and looked ahead to a slew of Federal Reserve speakers scheduled for later in the day. Futures tied to the Dow Jones Industrial Average lost 112 points, or 0.34%. S&P 500 futures lost 0.27% and Nasdaq-100 futures …

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Fed rate decision, South Korea Trade, Australia Unemployment, New Zealand GDP

Fed rate decision, South Korea Trade, Australia Unemployment, New Zealand GDP

Emerging markets outside of Asia will be hit by disinflation in 2023, says JPMorgan Emerging markets are expected to face very strong disinflation in the first quarter of 2023 with the exception of Asia, said JPMorgan’s chief emerging markets economist Jahangir Aziz. Asia, however, will not be seeing disinflation as the region’s inflation did not …

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The hospital ship USNS Comfort anchors off the coast of Jeremie, Haiti, Dec. 12, 2022.

VA employee sues department over new abortion policy

A Veterans Affairs health care employee working in Texas sued the department Wednesday over its new abortion policy, saying the change violates her religious beliefs as well as state law. The lawsuit is the first of numerous expected legal challenges to VA officials’ announcement in September that they would offer abortion access to veterans and …

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UK inflation falls from 41-year high as fuel price surge eases

UK inflation falls from 41-year high as fuel price surge eases

LONDON — UK inflation came in slightly below expectations at 10.7% in November, as cooling fuel prices helped ease price pressures, though high food and energy prices continued to squeeze households and businesses. Economists polled by Reuters had projected an annual increase in the consumer price index of 10.9% in November, after October saw an …

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Former FTX CEO Bankman-Fried arrested in Bahamas after US files charges

Former FTX CEO Bankman-Fried arrested in Bahamas after US files charges

Dec 12 (Reuters) – (Editor’s note: This story contains language in paragraph 18 that some readers may find offensive) FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of US prosecutors on Monday, the day before he was due to testify before Congress about the abrupt failure last month of one of …

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New theGrio/KFF Survey Project Examines Diverse Views of Black Voters Heading into 2022 Midterm Election

PEPFAR May Improve Key Economic and Educational Outcomes, Not Just Health Outcomes

A new KFF analysis finds that the President’s Emergency Plan for AIDS Relief (PEPFAR), the US global HIV/AIDS response and the largest commitment by any nation to address a single disease in history, is associated with improvements in key economic and educational outcomes in countries that received PEPFAR support. Specifically, the program may have helped …

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Asia-Pacific markets, CPI data, Fed, Hang Seng Index

Asia-Pacific markets, CPI data, Fed, Hang Seng Index

China could reportedly reopen border with Hong Kong before Lunar New Year China may scrap quarantine requirements for Hong Kong residents traveling to the mainland before Lunar New Year next month as part of the latest slew of reopening measures, South China Morning Post reported, citing official sources familiar with the matter. The proposal would …

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Ken Niumatalolo will not be back as Navy football coach after 15 years

Ken Niumatalolo will not be back as Navy football coach after 15 years

Comment on this story How Ken Niumatalolo will not be back as coach of the Navy football team next season after 15 years with the Midshipmen, Athletic Director Chet Gladchuk announced Sunday, adding that defensive coordinator Brian Newberry has been elevated to head coach on an interim basis. The stunning move comes less than 24 …

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Dow Jones Futures: Inflation Report, Federal Reserve Are Big Tests For Market Rally

Dow Jones Futures: Inflation Report, Federal Reserve Are Big Tests For Market Rally

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, with attention squarely on the CPI inflation report and the Federal Reserve. X The stock market rally retreated last week with the major indexes continuing their trend of popping to new highs but then fading back. It’s a challenging environment …

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