Fed Keeps Rates Near Zero as Stocks falter after rally
Wall Street closed lower after a rally faded as the Federal Reserve signaled rates near zero through 2023. The S&P 500 fell 0.5 percent to 3,385.49, the Dow gained 0.1 percent, and the Nasdaq dropped 1.3 percent. The Fed kept policy easy and projected slower growth with unemployment easing.
MENTIONED IN THIS ARTICLE
Federal Reserve
Wall Street
S&p
Fed
Ryan Detrick
LPL Financial
Central Bank
Jay Powell
Five Chinese Citizens Charged In Global Hacking Case
The Justice Department charged five Chinese citizens suspected of hacking more than 100 companies and institutions worldwide, including social media, video game firms, universities, and telecoms. Two Malaysian associates were arrested in Malaysia and face extradition. The case centers on the China based APT41 group linked to cyber espionage and profit driven intrusions.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
United States
Malaysia
Trump
China
APT41
Mandiant Threat Intelligence
Sherwin
Ministry of State Security
Jeffrey Rosen
OECD lifts 2020 world outlook amid pandemic uncertainty
The OECD says the global economy may shrink 4.5 this year, better than June’s 6.0 forecast, with a 5 percent rebound next year. The U S contracts 3.8 percent and China could grow 1.8 percent, while India Mexico and South Africa are cut. Fiscal and monetary support should stay in place to bolster confidence and jobs.
MENTIONED IN THIS ARTICLE
Paris
United States
China
Organization For Economic Cooperation and Development
OECD
U.S
India
Mexico
South Africa
Laurence Boone
Panel report blasts Boeing and FAA over deadly crashes
A House Transportation Committee report faults Boeing and FAA for the 2018 Lion Air 610 and 2019 Ethiopia Airlines 302 crashes, citing design flaws and weak oversight. It backs reforms to the certification process and reduced delegation, while Boeing and the FAA defend current compliance. A Senate panel delayed narrow changes as lawmakers debate oversight control.
MENTIONED IN THIS ARTICLE
House
Boeing
Democrat-controlled
Transportation Committee
Federal Aviation Administration
Senate
FAA
Lion Air
Indonesia
Ethiopian Airlines
Ethiopia
Also Mentioned on This Page
Stan Choe
Damian J. Troise
Alex Veiga
Associated Press
Mike Zigmont
Harvest Volatility Management
Lindsey Bell
Ally Invest
Powell
Global Hacking Conspiracy
Beijing
Taiwan
Michael Sherwin
District of Columbia
Michael R. Sherwin
The
Peter DeFazio
Oregon
DeFazio
the Market IN Review
Dow Jones
Dow Industrials
Dow Transportation
Dow Utilities
Wilshire
Russell
NYSE
Naspaaq
Ecig
QuratRet
GenElec
Ekodak
JounceTh
Apple Inc
Ontrak
InovioPhm 1104136 18.52 +4.89 SwitchE un
ADT Inc
AmAirlines
Myomo
BkofAm
Syneosh H
OcciPet
Ossenian
LexnFint
WellsFargo
GameStop
LMP Auton
SorrentoTh
At&t Inc
AMD
Microsoft
Amé Airlines
Myomars
Apple Incs
Newell Br
ArrowPhm
NiSource
EcoBrad
Nikola
NokiaCp
BarrickGld
Northropg
BedBath
Norw Cruis
OasisPet
Carnival
Cedarf
Cisco
Oracle
OwensCorn
Citigroup
Pg&e Cp
CocaCola
Comcast
Delta Air Re
Pelotnintra
DraftKin
PepsiCo
Petrobras
Pfizer
EggTrastr Rpm
ExxonMbl
Facebook
FedExCp
Sirilusxm
FirstEngy
SlackTc
Fordm Ee
Smucker
Frotmicm A
GameStop SorrentoTh
SwstAirs
Gevo
SwsinEngy
HeatBio
Target
HomeDp
Tesla Incs
HuntBnesh
iBio
Transoen
Novio Phm
Twitter
Ntel
Uber Tch
UtdAirlol
Vale SA
Nvacare
Tauunh
Vaxarth
Jpmorgch
VerizonCm
Lel
Keycorp
WalMart
Kohls
Wendys Co
Kroger
MGM Rsts
YumBrnds
Macys
Zomedica
Marathno
Zynga
Exch
Sweet Crude
NYMX
New York Mercantile Exchange
Chicago Board of Trade
CME
Chicago Mercantile Exchange
ICE
Intercontinental Exchange
Mutua
AmrcnBalAm
Fdmitsinvsa
Grfamrca m
Incamrca m
Invcamrca
Wamtinvsa x American
NwPrspctvAm
Dodge & Cox Inc
Dodge & Cox
Fidelity
Fidelity GroCp
Pimco TtlRetins
Schwab Sp500idx
T. Rowe Price Bcgr
Vanguard
Vanguard Diversav
Vanguard Hcadmrl
Ntrteadmrl
Nsidxins
Vanguard nsidxInsPlus
Vanguard MdCpldxAdmrl
Vanguard PrmCpAdmrl
Vanguard Stinvmgrdadmrl
Doe
SEC