Skip to main content

Featured

Wall Street Pauses as Fed Meeting Looms: Futures Hold Steady

U.S. stock futures were little changed on Tuesday as investors awaited the start of the Federal Reserve’s final policy meeting of the year. The Dow Jones Industrial Average, S&P 500, and Nasdaq futures all hovered near flat, reflecting a cautious mood across Wall Street. The Fed is widely expected to keep interest rates unchanged, but traders are focused on Chair Jerome Powell’s comments and the central bank’s updated economic projections. Markets are looking for clues on when rate cuts might begin in 2024, with inflation cooling but still above the Fed’s long-term target. Recent gains in equities have been fueled by optimism that the Fed’s tightening cycle is over, yet uncertainty remains about how quickly monetary policy will shift toward easing. Until then, investors appear content to hold their positions, waiting for clearer signals from the Fed before making bold moves.
Post a Comment
Read more

article

Labels

Bonnie Crombie Loses Bid for Seat, Vows to Stay as Liberal Leader

 

In a surprising turn of events, Ontario Liberal Leader Bonnie Crombie lost her bid for a seat in the Mississauga East-Cooksville riding. Despite her efforts to flip Peel Region seats from PC blue to Liberal red, Crombie was defeated by her PC opponent, Silvia Gualtieri. 

The night started off rough for Crombie and the Liberals, with one TV station calling the election for the PCs within minutes of polls closing. However, Crombie remains determined to stay on as the Liberal leader and continue her political journey. 

While Crombie faced defeat, other party leaders, including Ontario NDP Leader Marit Stiles and Green Party Leader Mike Schreiner, successfully reclaimed their seats. 

Crombie's loss marks a significant moment in Ontario politics, as she vows to keep fighting for her party and constituents.



Labels:

Comments

Post a Comment