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Added on the 29/11/2018 17:46:09 - Copyright : Wochit
Wall Street ended slightly higher after the Fed minutes showed members were divided over whether to raise rates soon. Bobbi Rebell reports.
Following Wednesday's violence on Capitol Hill, Goldman Sachs has made an ask. Goldman Sachs asked small-business owners not to wear "Storm the Hill" T-shirts. The company mailed them for an unrelated event, The Wall Street Journal reported Thursday. The virtual event, planned for January 13, is to encourage small-business owners. The plan was to pressure lawmakers to pass additional COVID-19 relief for businesses. But the bank rebranded the event after pro-Trump terrorists literally stormed the hill on Wednesday.
President-elect Joe Biden is planning to nominate Janet Yellen to head the Treasury Department. Business Insider reports if the US Senate confirms Yellen, she will be the first woman to hold the job. Yellen served as Fed Chair during President Barack Obama's second term, from 2014 to 2017. President Donald Trump replaced her with Jerome Powell as head of the Fed. If confirmed, Yellen will face an immense set of challenges, including the pandemic, unemployment, and widespread housing and food insecurity. With both parties fiercely divided on its size and reach for months, Congress still hasn't approved a second coronavirus economic aid package.
Tokyo, Mar.25 (EFE), (Camera: Franck Robichon).- The Tokyo Stock Exchange's benchmark Nikkei index on Wednesday closed 8.04 percent up following gains registered by the Wall Street and positive reactions over the postponement of the Tokyo 2020 Olympics, amid days of high volatility due to the ongoing COVID-19 pandemic.FOOTAGE OF TOKYO'S STOCK EXCHANGE.
A clock counts down the minutes until Brexit on the walls outside 10 Downing Street in London, as the UK officially leaves the European Union. IMAGES
The S&P 500 and the Dow Jones industrial average indexes held their modest gains on Wednesday after U.S. Federal Reserve meeting minutes did little to clarify expectations on the timing for its next interest rate hikes. Roselle Chen reports.