inflation in the euro area jumps to 7.5 percent
The inflation has increased dramatically in the euro area and is trimmed to a record level over seven percent. This implements Europe's currency debt under pressure to initiate the interest rate turnaround after years of the low-cost money flood. © Ricardo Rubio / Europe Press / DPA refueling - a costly undertaking. «The inflation rate is again significantly higher than expected," said Bundesbank President Joachim Nagel. "The inflation data is a clear language.
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New York (DPA-AFX) - the fear of rising interest rates and associated recession worries once again have the economic-sensitive US technology on Wednesday. Values heavily loaded. "The interest rate of interest ruling on the stock market parquet and beyond the Atlantic's misrepresentation. One of the crucial questions for Börsians remains how strong the US Federal Reserve will turn to the interest screws this year," Marktxperte Timo Emden wrote from Emden Research. Higher interest rates can increase the financing costs in particular in the highly growth-oriented technology companies.
HBO Max Head Andy Forssell Is Out Ahead Of Discovery Merger
In a bloodbath Tuesday at WarnerMedia ahead of the closing of the Discovery merger, add HBO Max head Andy Forssell to the list of exiting executives. Deadline has confirmed that he joins WarnerMedia studios and networks group chairman and CEO Ann Sarnoff and WarnerMedia CEO Jason Kilar who will also depart. It’s been buzzed that Discovery CEO David Zaslav does not like layers. Well, three layers just got depleted. Indications are that the $43 billion merger is likely to officially close Friday.
For technology-rated NASDAQ 100, it was 2.17 percent to 14 498.89 points downwards after it had lost more than 2 percent on Tuesday. The leading index Dow Jones Industrial (Dow Jones 30 Industrial) gave on Wednesday by 0.42 percent to 34 496.51 points. The broadly set up S & P 500 lost 0.97 percent to 4481.15 points.
The weekly policy was the focus of monetary policy. The Federal Reserve Fed signals a rapid return of its balanced balance sheet total during the Corona Pandemic. One wool would allow monthly bonds worth up to $ 95 billion, without new to purchase, it was said in the recent meeting of the monetary policy committee FOMC. A decision should be made at the coming meeting in early May. This streamling of monetary policy is justified with the last very high inflation.
Islanders' Casey Cizikas suspended one game for hit on Hurricanes' Brendan Smith
It’s the first time that Cizikas has received any sort of supplementary discipline from the league. Cizikas will forfeit $12.5K in salary as a result of the suspension, and the money will go to the Players’ Emergency Assistance Fund. He will be eligible to return to New York’s lineup on Tuesday when they host Pittsburgh.Subscribe to Yardbarker's Morning Bark, the most comprehensive newsletter in sports. Customize your email to get the latest news on your favorite sports, teams and schools. Emailed daily.
At the last session, many members also talked about 0.50 percentage points even for a number of interest rates as evidenced by the minutes. But given the Ukraine war, it was decided for a small interest rate step. However, many members assume that on future meetings at a persistently high inflation pressure, one or more large interest rate steps could be necessary.
Video: Share In Focus: Deutsche Post convinces with record year (DPA AFX)
The designated Fed-Vizechefin Lael Brainard had already expressed itself the day before the topic. She pleads for a rapid beginning of balance sheet reduction already in May. The high expectations of the Fed have driven capital market interest rates in recent months.
In addition, investors kept the geopolitical risks and economic consequences associated with Ukraine Russia conflict. Because of the war grays in Ukraine, the West increases the pressure on Russia. The US imposed new sanctions against Russia. These penalty measures are aimed at two major banks in the country.
NFL mock drafts 2022: Compare latest from Mel Kiper, Daniel Jeremiah, Todd McShay, other experts
NFL mock drafts 2022: Compare latest from Mel Kiper, Daniel Jeremiah, Todd McShay, other expertsWith the NFL cooling off from free agency before it reheats for the 2022 NFL Draft, the constant shuffling of the top of the board continues. With no surefire No. 1 overall pick, few analysts and experts agree on who could be the top selection, or any of the top five picks, or even 10.
Among the individual values, the shares of Tesla were kinked by more than four percent. As the news agency Bloomberg had reported on appeal to persons familiar with the matter, the work of the electric car pioneer in Shanghai is to remain closed at least twelve days for at least twelve days due to the Corona-locking of the Chinese metropolis.
The Papers of JetBlue Airways reacted with a minus of 8.7 percent to a billion-seven purchase offer of the US airline for the competitor Spirit Airlines. Spirit confirmed a report from the "New York Times" from the previous day, according to which the bid amounts to $ 33 per share. The shares of JetBlue Airways had already suffered significantly on Tuesday under the report on an interest in Spirit Airlines. Their papers were shiny by a good 22 percent in height and now fell by more than two percent to $ 26.28.
The Euro last recorded $ 1.0898. The European Central Bank had set the reference course to 1.0923 (Tuesday: 1,0969) dollars. The dollar cost 0.9155 (0.9117) euros. At the US pension market, the appointment contract for ten-year Treasuries (T-Note Future) increased by 0.09 percent to 120.81 points. The return on ten-year government papers rose to 2.59 percent ./LA/ZB
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Jackie Robinson's son delivers powerful message to Dodgers on 75th anniversary of his father breaking MLB's color barrier .
Jackie Robinson's son David delivered a powerful message to Los Angeles Dodgers players on 75th anniversary of his father breaking the color barrier.They quickly retreated to the clubhouse, took off their uniforms, and began to prepare for their game against the Cincinnati Reds.