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The Federal Reserve is widely expected to trim Interest Rates today for the First Time Since 2008. The only question is by how much. Some believe in a 50 basis point cut, as fed Chairmanjerome Powell has voiced growing concerns about the us economy. Especially inflation, which has remained stubbornly below the feds 2 target, despite unemployment being at the lowest in nearly 50 years. But lately a majority of economists seem to favour a 25 point cut, with another one following in the coming months. And maybe as many as three next year. So why cut at all . Lowering borrowing rates makes it easi...

Continue to drive Growth Stocks are poised to rally ahead of what could be the feds first rate cut since the crisis. And gaming headwinds, amd delivering a revenue warning first up, apple rising on the better than expected results iphone down from a year ago and now represent less than half of quarterly revenue for the first time in about seven years. Yeah, headlines today in the papers are staggering. New york times, apple reports declining profits and stagnant growth again wall street journal quotes richard cramer, no relation. Were these people on the same call maybe they were on the rotten...

President once again targets the fed. Huawei restrictions relief tech executives expected to make their case to the white house today. And equifax to pay as much as 700 million for that 2017 data breach well start with futures, though, set for a higher open. The dow, s p and nasdaq all lower in three of the past four trading days big week for earnings. Well hear from phobia, amazon, alphabet were a week away from the feds decision on rates. And then the president today is tweeting its far more costly for the fed to cut deeper if the economy actually does in the future turn down very inexpensiv...

Tk, welcome back. Tom it is good to be here. It is jobs day. Im ready to go. I had my wheaties. Jonathan is that a serial . Tom it is a cereal. Lisa had fruit loops. Lisa lucky charms. Jonathan they should come with a health warning. Lets talk about amazon and apple. Apple meeting expectations after the close. Amazon is higher by 9 in the premarket, beating a raise from amazon. Evercore taking the price target from 150 to 190. Tom amazon with the pandemic and secondguessing about there is a national crisis, we delivered the boxes, we need to died in and to what we need to do. They did. Baeza w...

The georgian authorities have assessed the direct damage that will inevitably inflict on the countrys economy , something that the radical opposition is so zealously seeking, namely, a ban on russian tourists from traveling to georgia. By the way, the vast majority of the population of this hospitable caucasian side. Moreover , hospitality is an important part of the economy, georgia has quite weighty arguments. If russian tourists do not come to georgia at all, the country will lose about 1 billion dollars a year, despite the fact that our economy is 30 billion. This means that 2030 thousand ...