Fed signals hold on rates as Powell eyes inflation path
The Federal Reserve prepares a policy update with Powell and officials expected to keep rates at 0 to 0.25 percent. Analysts look for hints on timing of any rate increase amid rising inflation. Kroger faces expectations of a softer first quarter, with earnings and revenue likely down from a year earlier as the chain benefits from at home spending trends.
MENTIONED IN THIS ARTICLE
Fed
Federal Reserve
Jerome Powell
Wall Street
Kroger
Wall Street ends week with market drift and S&P 500 gain
Wall Street closed a listless week with a wobbly Friday trading session. The S&P 500 rose, marking a third weekly gain, and hit a record for the second consecutive day. Inc y stock closed at 82.58, down 4.95, or 5.7 percent, as news on a biotech eczema cream faces a delayed regulatory review.
MENTIONED IN THIS ARTICLE
Wall Street
Lawerence Kansas Boys & Girls Club faces claims over diversity and safe space issues
A Lawrence Kansas Boys and Girls Club group demanded a diversity equity and inclusion director and on site translators after months of internal efforts and anonymous staff testimonies. The board rejected the portrayal of a hostile environment while pledging to improve safety standards and equity and to pursue broader outreach for people of color.
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Monica Dittmer
Boys & Girls Club
Lawrence
Kansas
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