The Federal Reserve held its key interest rate unchanged Wednesday. That, combined with the central bank’s subsequent commentary, sent stocks soaring higher. The Fed’s decision and ensuing comments were, in many ways, exactly what the market wanted to hear. The whole ordeal marked a reversal from the Fed’s prior comments that promised further balance-sheet shrinkage over a long period. Federal Reserve Chair Jerome Powell just told Wall Street that he’s sitting at the controls with his hands firmly on the stick, feeling refreshed and well-caffeinated, and the Fed’s balance sheet isn’t on “automatic pilot,” no sir. Not only that, the plane is coming in for a landing. Stocks made strong gains Wednesday after Powell told investors what they wanted to hear: The Fed’s balance sheet won’t shrink much further. Investors had seen that as an obstacle to economic growth and more gains for equities. The S&P 500 finished up 1.5%, … [Read more...] about The Fed just told the market exactly what it wanted to hear
What guys want to hear
Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | Your Colleague Is Having a Baby. And You Don’t Want to Hear About it. Supported by A worker has grown tired of her colleague’s pregnancy-related chatter and wonders if she is obliged to attend the shower or buy a gift. Here’s how to navigate all the baby talk. ByRob Walker Nov. 23, 2018 Send your workplace conundrums to [email protected] , including your name and contact information (even if you want it withheld). The Workologist is a guy with well-intentioned opinions, not a professional career adviser. Letters may be edited. I work in an open-floor-plan office. There are fewer than 20 of us. One colleague, who is expecting a baby, initiates each morning with very vocal updates and chatter related to her pregnancy. Her favorite topics involve how fat she feels, the … [Read more...] about Your Colleague Is Having a Baby. And You Don’t Want to Hear About it.
The last thing you want to hear is "hey, that's a great idea!" from the one person who's supposed to be giving you the great ideas. Gene Marks Published 6:00 am CDT, Thursday, November 1, 2018 Photo: Shutterstock Photo: Shutterstock Image 1 of / 1 Caption Close Image 1 of 1 Photo: Shutterstock The 5 Words You Don't Want To Hear From Your Accountant 1 / 1 Back to Gallery Did you know you could potentially save serious money or get help recruiting and motivating your employees just by leveraging a bunch of deductions and tax credits offered by the IRS? For example, are you aware of the tax benefits available to both you and your employees for reimbursing them for educational, dependent care, adoption and commuting … [Read more...] about The 5 Words You Don’t Want To Hear From Your Accountant
The people who saw Rony Abovitz’s TEDxTalk in December 2012 never would have guessed that, less than two years later, Abovitz would collect more than $US500 million from some of the most respected investors in Silicon Valley. When Abovitz first told his younger sister, Mindy, what he planned to do onstage that day in Sarasota, Florida, she didn’t believe him. TED, a global conference organisation, hosts panels for people to share “Ideas Worth Spreading,” and what he wanted to do sounded too wild. “No,” she needled him. “You’re not doing that.” But Abovitz, the founder and CEO of a $US2 billion startup called Magic Leap, has never subscribed to conventional ideas about what is or isn’t possible, nor what should or shouldn’t be done. A few months later, Mindy and her mother flew to Sarasota to hear Rony talk. The conference invited him to speak as the cofounder of a successful medical-robotics company and as Magic … [Read more...] about GOOGLE’S $500 MILLION MAN: Meet The ‘Weird’ Guy Trying To Invent A New Computing Platform
Published July 03, 2018 Markets Motley Fool Facebook Twitter Comments Print As part of the Dodd-Frank financial reforms in the aftermath of the 2008 financial crisis, the largest banking institutions in the United States are subject to annual stress tests. Not only do these tests measure how a bank would fare in a hypothetical downturn, but they also determine how much each bank can spend on dividends and buybacks over the next 12 months. In this episode of Industry Focus: Financials, host Shannon Jones and Fool.com contributor Matthew Frankel give a rundown of what investors need to know about this year's bank stress tests. Continue Reading Below A full transcript follows the video. 10 stocks we like better than WalmartWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, the Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they … [Read more...] about The 2018 Bank Stress Tests: What Investors Need to Know