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Business

Dow Jones Futures Fall: Big Test For Indexes As Market Rally Feels Fed Chief Powell’s ‘Pain’

Dow Jones futures fell solidly Monday morning, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered significant weekly losses again last week, with Federal Reserve chief Jerome Powell saying Friday that more “pain” is needed to bring down inflation. X The major indexes sold off Friday, moving back toward 50-day moving …

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Apple has launched a ‘Platoon for Artists’ app

Apple has quietly launched a dedicated ‘Platoon for Artists’ app. Platoon, the London-born distribution and creative services company founded in 2016 by music industry veteran Denzyl Feigelson and LoveFilm co-founder, Saul Klein, was acquired by Apple in 2018. The app’s launch was first reported by 9 to 5 Mac this week, which, citing sources, says …

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Fed chief Powell does not understand what is causing inflation – econ professor

Johns Hopkins University professor Steve Hanke argued that Federal Reserve Chairman Jerome Powell does not fully grasp the causes of the current inflation and predicted that a high rate of price increases will likely carry over into 2024. “The chairman does not understand, even at this point, what the causes of inflation are and were,” …

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64% of American Parents Want Their Children To Be Taught Crypto In School By DailyCoin

64% of American Parents Want Their Children To Be Taught Crypto In School As the adoption of cryptocurrencies continues to rise, 60% of parents in the United States have said they want their children to be educated about cryptocurrencies right from high school. Parents Want Their Children Educated About Crypto A recent study conducted by …

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Catalent, Pinduoduo, Netflix and others

Check out the companies making headlines before the bell: Catalent (CTLT) – The drug delivery and manufacturing technology company beat bottom line estimates for its latest quarter. However, its revenue was short of Wall Street forecasts, as was its full-year revenue outlook. Its stock slid 5.7% in the premarket. Pinduoduo (PDD) – The China-based e-commerce …

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