Fed Chair Powell Tests Positive for Covid-19, Has Mild Symptoms By Bloomberg
[ad_1] © Bloomberg. Jerome Powell Photographer: Ting Shen/Bloomberg (Bloomberg) — Federal Reserve Board Chair Jerome Powell tested positive for Covid-19 and is experiencing mild symptoms. Powell, 69, received the positive…
Goldman Sees Dollar’s Dominance Driving Further Gains Ahead By Bloomberg
[ad_1] (Bloomberg) — The dollar holds the crown as the world’s dominant currency and rivals have so far failed to unseat the greenback — making fresh rallies likely. That’s…
China Deflation Pressure Worsens as Economy Slumps, Survey Shows By Bloomberg
[ad_1] (Bloomberg) — Deflationary pressure in China worsened in the fourth quarter as the economy slumped, with price-growth likely to be subdued even when the economy rebounds later this year,…
Markets Are Wrong on Fed Rate Hikes, Morgan Stanley’s Caron Says By Bloomberg
[ad_1] © Bloomberg. An eagle sculpture stands on the facade of the Marriner S. Eccles Federal Reserve building in Washington, DC. Photographer: Andrew Harrer/Bloomberg (Bloomberg) — Markets aren’t prepared for…
Samsung Veteran Sounds Alarm on Korea Losing a Global Chip War By Bloomberg
[ad_1] © Bloomberg. Yang Hyang-ja (Bloomberg) — In three decades at Samsung Electronics) Co., Yang Hyang-ja helped shape the 84-year-old conglomerate’s present dominance in global memory chipmaking. Now, she’s taking…