The dangers and promises of quantum computing are approaching

The stark warning came from one of the tech world’s most prominent CEOs. Alphabet CEO Sundar Pichai told an audience at the World Economic Forum in Davos, Switzerland, three years ago that quantum computing has the potential to change humanity’s understanding of the natural world, enabling scientists to create new drugs and better batteries, among … Read more

Britain’s penchant for Reaganomics is well received by the market

Gears has now set the country on an economic path diametrically opposed to most, if not all, of the major global economies. Hannah McKay | Reuters LONDON – Britain’s new Prime Minister Liz Truss may have talked a lot about the “downstream economy” during her election campaign this summer, but no one expected that A … Read more

European markets open to close, Bank of England and Swiss central bank interest rate decisions

The Bank of England raised interest rates by 50 basis points, the seventh in a row Bank of England They voted to raise interest rates By 50 basis points, less than the 75 basis points rise some analysts had expected. The bank said there have been other indications since August of “domestic inflation continuing to … Read more

Here’s everything the Fed is expected to do today

Construction workers outside the Marriner S. Eccles Federal Reserve Building, are pictured Wednesday, July 27, 2022 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty Images There is not much uncertainty surrounding the Federal Reserve’s meeting on Wednesday, with markets widely expecting the central bank to agree to a third consecutive rate hike … Read more

My biggest concern is the Fed and why we are in wait mode

There is a widespread perception that Federal Reserve Chairman Jerome Powell does not care about corporate news. It’s a strict creature of broad government economic reports – the consumer price index, the producer price index, industrial production, retail sales and, of course, non-farm employment numbers. He also cares about what his federal colleagues say. But … Read more

5 things to know before the stock market opens on Wednesday, September 14

Traders on the floor of the New York Stock Exchange, September 13, 2022. Source: NYSE Here are the most important news that investors need to start their trading day: 1. Pick up the pieces US stock futures It seemed to be poised for a rebound on Wednesday morning as investors sought to shake off the … Read more

European markets open their doors to close inflation data, earnings and US news

Author Nomi Prinz says the Fed will turn into a pivot in 3 phases The US Federal Reserve It could be forced off the path of sharp rate hikes in three phases, according to author Nomi Prins. Markets expect the central bank to raise 75 basis points in a row at its monetary policy meeting … Read more

European markets open to close, stocks, news, data and earnings

New British Prime Minister Liz Truss has announced a cap on energy bills to combat the cost of living crisis UK Prime Minister Liz Truss announce A stimulus package to help Britons with high energy bills. Truss said the average family would “pay no more than ¬£2,500 (US$2,880) a year for each of the next … Read more