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Stock futures edge higher with inflation data in focus; Week Ahead: Powell speech, earnings, CPI on deck; Goldman Sachs to being job cuts later this week; Macy's shares slump as retailer cautions on holiday spending and Brazil President Lula vows to investigate capital riots.
The dollar eased from a one-week high on Wednesday ahead of a speech by Federal Reserve Chair Jerome Powell, while optimism over a possible loosening in China's COVID restrictions set it on course
Stock futures higher, dollar holds firm; week ahead: Powell speech, Apple launch in focus; CVS Health buys signify for $8 billion; Bed, Bath & Beyond tragedy sends shares sharply lower and California declares grid emergency as power crisis deepens.
Wall Street equities ended with steep losses Friday following tough talk from Federal Reserve Chair Jerome Powell, who warned of "pain" ahead for Americans in the battle against inflation, with the Dow losing more than 1,000 points.
The war in Ukraine is only taking place because of the ignorance of the Westerners of what was happening in Ukraine and because of a series of misunderstandings and misinterpretations. The Westerners, focused on themselves, unable to think like...