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Biden preaches patience to voters spooked by economic tumult

October 9, 2022 GNCadm1n Comments Off on Biden preaches patience to voters spooked by economic tumult

WASHINGTON (AP) — When it comes to reassuring Americans about an economy that’s an election-year challenge to his party, President Joe Biden is telling the country to hold on. It’s a message of patience as […]

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Biden: IBM investment to help in tech competition with China

October 6, 2022 GNCadm1n Comments Off on Biden: IBM investment to help in tech competition with China

POUGHKEEPSIE, N.Y. (AP) — President Joe Biden says a $20 billion investment by IBM in New York’s Hudson River Valley will help give the United States a technological edge against China. He hailed the company’s […]

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Fed’s Cook says more rate hikes needed to combat inflation

October 6, 2022 GNCadm1n Comments Off on Fed’s Cook says more rate hikes needed to combat inflation

WASHINGTON (AP) — Federal Reserve Governor Lisa Cook says more interest rate increases will be necessary to wrestle inflation under control. Her remarks Thursday echo several tough speeches by other central bank officials this week. […]

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Judge delays Twitter trial, gives Musk time to seal buyout

October 6, 2022 GNCadm1n Comments Off on Judge delays Twitter trial, gives Musk time to seal buyout

A judge has delayed a looming trial between Twitter and Elon Musk. The move gives the Tesla CEO more time to close his $44 billion deal to buy the social media company after months spent […]

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Wall Street’s rally runs out of gas, leaving indexes lower

October 5, 2022 GNCadm1n Comments Off on Wall Street’s rally runs out of gas, leaving indexes lower

Stocks ended slightly lower on Wall Street as a gangbuster two-day rally ran out of gas. The S&P 500 ended 0.2% lower Wednesday after briefly heading into the green late in the day. Its rally […]

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