News
Jerome Powell signals caution on Fed rate cuts at Jackson Hole
Powell’s remarks at Jackson Hole spark market reactions as the Fed weighs interest rate cuts amid economic policy changes.
Powell’s remarks at Jackson Hole spark market reactions as the Fed weighs interest rate cuts amid economic policy changes.
The Federal Reserve is once again in the spotlight as markets react to Chairman Jerome Powell’s latest remarks at the Jackson Hole gathering. Powell acknowledged that sweeping changes in tax, trade, and immigration policy are reshaping the U.S. economy. He also signaled that the Fed is carefully weighing how aggressive to be in cutting interest rates, balancing inflation risks with its mandate for maximum employment.
Investors are bracing for what these signals could mean for business investment, consumer confidence, and the broader economy. In this interview, Ahron Young speaks with Michael Busler, economist, policy analyst, and Professor of Finance at Stockton University.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
At the bottom of the article, add this HTML for the iOS app banner (also on its own line):
News
Erika Kirk delivers emotional address at Charlie Kirk’s memorial:
Erika Kirk’s heartfelt memorial address: “He blinked and saw his Savior in paradise,” resonated with a cheering stadium.
Erika Kirk’s heartfelt memorial address: “He blinked and saw his Savior in paradise,” resonated with a cheering stadium.
Erika Kirk delivers emotional address at her late husband Charlie Kirk’s memorial:
“He blinked and saw his Savior in paradise.”
She started praying as everyone in the stadium cheered her.
News
UN struggles with Israel-Palestine conflict and climate action
UN faces mounting pressure over Gaza and climate change as global leaders convene for General Assembly amid ongoing crises
UN faces mounting pressure over Gaza and climate change as global leaders convene for General Assembly amid ongoing crises
– The UN struggles with violence in Gaza and doubts about its role in global conflicts.
– International pressure on Israel increases, with smaller nations relying on the UN to express their concerns.
However, its power to address current tensions has diminished, especially with Israel’s continued incursions into Palestinian territories. Israeli officials, including the ambassador to the UN, have vocalised frustrations towards the organisation.
The UN’s challenges extend to its roles in humanitarian aid and climate initiatives, facing budget constraints and diminished expectations.
Global leaders are questioning the UN’s relevance, particularly regarding pressing issues like the Ukraine conflict.
International Response
Increased international scrutiny of Israel parallels historical situations, leading to calls for intensified diplomatic efforts.
The EU has proposed new measures affecting Israeli imports. Amidst this, smaller nations view the UN as a vital platform to voice concerns that might otherwise go unheard.
News
Trump proposes $100,000 H-1B visa fee increase
Trump announces massive H-1B visa fee increases and introduces $1 million ‘gold card’ to reshape immigration system
Trump announces massive H-1B visa fee increases and introduces $1 million ‘gold card’ to reshape immigration system
– Trump announced a $100,000 fee for H-1B visas and a $1 million residency gold card to boost American hiring.
– Critics argue increased fees may limit smaller firms’ access to foreign talent, impacting U.S. tech innovation.
Trump stated the initiative aims to bring in highly skilled individuals rather than those crossing the borders illegally. A gold card requiring a $1 million payment will expedite visa processing, with a reduced availability compared to existing green card categories.
The new programme could alter the competitive landscape for U.S. tech companies, which historically depend on H-1B visas to access foreign talent.
Critics warn that the increased fees may deter smaller firms from utilising these visas, potentially hindering U.S. progress in tech sectors like artificial intelligence.
Visa Impact
Debate persists within Trump’s administration regarding the new policy’s implications. Supporters argue it protects American jobs, while opponents contend it restricts access to global talent crucial for innovation.
The H-1B visa programme, established in 1990, remains vital for skilled foreign workers seeking residency in the U.S., yet faces growing scrutiny.
-
Shows4 days agoInspiring transformation: from prison to boardroom success
-
News4 days ago
Disney cancels Jimmy Kimmel’s show after controversy
-
News3 days ago
Mark Zuckerberg has unveiled Meta’s first so-called AI glasses
-
Tech3 days ago
US and UK finalise historic $340 billion tech deal
-
Shows3 days ago
Victoria’s housing crisis demands urgent government reforms
-
Tech2 days ago
Heathrow faces delays due to cyber attack disruption
-
News2 days ago
Fourth death confirmed due to Optus outage issues
-
News15 hours ago
UN struggles with Israel-Palestine conflict and climate action
