In this edition of StockCharts TV‘s The Final Bar, Tony Dwyer of Canaccord Genuity shares insights on today’s Fed meeting and what data he’s following to anticipate rate cuts through 2024. Dave tracks mega cap growth stocks, including MSFT and GOOGL, which are in pullback mode after earnings. This video originally premiered on January 31, 2024. Watch on our dedicated Final Bar page on StockCharts TV! ...
Will the Fed cut interest rates at their March meeting? Investors were looking for an answer from Fed Chairman Jerome Powell when he took the podium today. Alas, Powell was noncommittal to that, which wasn’t what the stock market wanted to hear. The broad stock market indexes—the Dow Jones Industrial Average ($INDU), S&P 500 ($SPX), and Nasdaq Composite ($COMPQ)—fell even ...
Sen. Lindsey Graham, R-S.C., gave a harsh rebuke to Meta CEO Mark Zuckerberg at the onset of Wednesday’s highly anticipated Big Tech hearing on child exploitation online. ‘Mr. Zuckerberg, you and the companies before us. I know you don’t mean it to be so, but you have blood on your hands,’ Graham, ranking member of the Senate Judiciary Committee, said, ...
President Joe Biden’s younger brother, James Biden, will appear before the House Oversight Committee on Feb. 21 for a transcribed interview. The younger Biden was subpoenaed as part of the investigation into Hunter Biden and President Biden in November. He has not been charged with any wrongdoing by the FBI. House Republicans leading the impeachment inquiry into President Biden believe ...
Blue-state Republicans score commitment from Johnson on SALT vote after House floor protest: sources
House GOP leaders committed to putting a targeted tax bill up for a House floor vote next week to appease blue-state Republicans who were angry over its exclusion from a bipartisan tax deal expected to pass Wednesday, sources told Fox News Digital. A group of New York Republicans almost tanked a normally sleepy procedural vote known as a ‘rule’ vote ...
A new House Republican-led bill aims to crack down on the flow of foreign money to U.S.-based think tanks and charities. Rep. Lance Gooden, R-Texas, told Fox News Digital that he’s introducing the ‘Think Tank and Nonprofit Foreign Influence Disclosure Act’ to increase awareness of where those groups get their cash from and whether foreign governments could be using them ...
The House Oversight and Judiciary committees are expected to hear testimony from another Biden family business associate Thursday. Joey Langston is expected to appear before the committees Thursday morning on Capitol Hill for a closed-door, transcribed interview. Langston is said to have hosted fundraisers for Joe Biden and donated thousands to his political campaigns. The House Oversight Committee says Langston ...
Former Democratic presidential candidate Andrew Yang spoke to Fox News Digital about the dangers of artificial intelligence, known as AI, and said the government is not doing nearly enough to prepare for the potentially harmful effects. AI is a very, very powerful technology and set of tools and there’s nothing intrinsically positive or negative about tools, but there is something ...
A Biden administration push to force cloud companies to disclose when a foreigner uses their platforms to power artificial intelligence could be seen as an escalation in the ongoing tech war between China and the U.S., though experts are split on how effective the strategy will be. ‘We need the federal government to take the threat of AI seriously, especially ...
‘Squad’ Democrats Rep. Cori Bush, D-Mo. and Rep. Rashida Tlaib, D-Mich. were the only two representatives who voted against a bill barring Hamas terrorists from entering the United States. The bill, HR 6679, which was also called the ‘No Immigration Benefits for Hamas Terrorists Act,’ expanded a U.S. ban on Palestine Liberation Organization (PLO)officers to include all PLO members. The ...
The House of Representatives approved a major bipartisan deal to temporarily expand the child tax credit and revive a number of business tax breaks on Wednesday. The $78 billion tax bill passed in a 357-70 vote with wide support from both Democrats and Republicans, despite issues raised earlier this week by key factions on the right and left. It got ...
The U.S. early Thursday carried out a ‘self-defense’ strike, targeting and destroying multiple projectiles that Houthi militants in Yemen were preparing to launch at commercial ships, a U.S. official tells Fox News. The strike marks the 12th time the U.S. has conducted strikes against the Houthis in Yemen since January 11th, and the second in under 24 hours. The U.K. ...