Wednesday, November 30, 2022
Evening
- Wall Street ends sharply higher after Powell comments
- Fed's Powell: Rate hikes to slow, but adjustment just beginning
- Powell: Fed to keep rates higher for longer to cut inflation
- ‘I’ve had a bad month’ and ‘didn’t ever try to commit fraud,’ former FTX CEO Sam Bankman-Fried says: Live updates
- China is a growing threat to national security, U.S. companies and American workers, U.S. Commerce Secretary Raimondo says
- Powell Says Fed Could Slow Rate Increases at Next Meeting
- Jay Powell signals Fed will slow pace of rate rises next month
Afternoon
- Wall Street rises after Powell eyes slower rate hikes
- Oil Rallies Above $80 as US Stockpiles Fall the Most Since 2019
- Fed's Powell: Rate-hike slowdown possible next month, inflation fight far from over
- U.S. third-quarter economic growth revised up; goods trade deficit widens in October
- Long Covid may be ‘the next public health disaster’ — with a $3.7 trillion economic impact rivaling the Great Recession
- China Says Covid Fight at New Stage With Omicron Less Pathogenic
- Jiang Zemin’s Death Could Haunt Xi
- Heating Bills to Send Chill Through Americans’ Finances
General
- Stocks Gain, Dollar Drops as Traders Await Powell: Markets Wrap
- Chinese Stocks in Hong Kong Jump, Capping Best Month Since 2003
- Oil up over 2% on tighter supply while OPEC+ talks limit gains
- Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports
- U.S. job openings fell moderately in October
- Mortgage rates fall for the third straight week, but demand still drops further
- Clashes in Guangzhou as China tries to quell COVID protests
- China vows crackdown on ‘hostile forces’ as public tests Xi
- Excitement, defiance for young Chinese in COVID 'tipping point' protests
- China Economic Activity Falls as Covid Cases Surge to Record
- China factory, services activities slide to 7-month lows on COVID curbs
- U.S. crypto broker Genesis says it is working to avoid bankruptcy filing
- ‘It was not sustainable or real’: Tech layoffs approach Great Recession levels
- Ukraine Latest: NATO Allies Urged to Send More Battle Tanks
- Japan's Oct factory output falls again on global slowdown, weak chip demand
- Euro-Zone Inflation Finally Slows in Sign of Hope for ECB
- ECB says Bitcoin is artificially propped up, shouldn't be legitimised
- Global Bonds Add Record $2.8 Trillion in Market Value This Month
- Russian and Chinese strategic bombers conduct joint patrols in Asia
- A year of pain: investors struggle in a new era of higher rates
- Fed officials in danger of splitting on future rate rises, warn economists
- China’s high youth unemployment stokes student Covid protests
- ‘It just kinda went crazy’: FTX’s lavish spending highlights lack of controls
- Japan and UK warn of ‘sharp destabilisation’ in security environment