Posts by Liam Redmond
US Federal Reserve officials signal rates likely to stay on hold until at least September
[NEW YORK] Two US Federal Reserve officials, including New York Fed chief John Williams, suggested policymakers may not be ready to lower interest rates before September as they confront a murky economic outlook. “It’s not going to be that in June we are going to understand what’s happening here, or in July,” Williams said on…
Read MoreUS: Stocks end higher, shrugging off Moody’s downgrade
[NEW YORK] Wall Street stocks edged higher on Monday after shrugging off a spike in US Treasury bond yields following Moody’s downgrade of the US credit rating. But yields subsequently eased as markets concluded Moody’s analysis contained no surprises. After the knee-jerk reaction, “the market settles down and focuses on the economic fundamentals,” said Subadra Rajappa, Head…
Read MoreNike lays off some workers in shakeup of technology division
Efforts to recapture growth by refocusing on sports and wholesale channels have been complicated by US President Donald Trump’s trade war and uneven spending by US consumers Published Tue, May 20, 2025 · 06:07 AM [NEW YORK] Nike is downsizing its technology division and letting go of some employees as management resets priorities. Staff in…
Read MoreUS tariff wall to hurt S-E Asia petrochemical players as excess products flood the region
[SINGAPORE] Petrochemical players in South-east Asia are bracing themselves for increasing competition, as the tariff-led breakdown of trade between the US and China creates a flood of petchem products into the region. Brian Leonal, head of Asia petrochemical pricing at Argus, said: “There will be some challenges to the petrochemical industry in South-east Asia. The…
Read MoreT-Pain and Wyclef rock the Preakness Stakes in front of athletes and Bravo stars
It was a weekend of festivities at the Preakness Stakes, the the second leg of the Triple Crown. AP Performances by Wyclef Jean and T-Pain marked the last running of the Preakness Stakes at Pimlico race track in Baltimore before its shuttered for a years-long reconstruction. “You all got dressed up for this,” a shorts-clad…
Read MoreOprah, Travis Kelce and Khloé Kardashian have this rowing machine in common — and it’s $450 off
Page Six may be compensated and/or receive an affiliate commission if you click or buy through our links. Featured pricing is subject to change. Celebrities have a front-row seat to the latest and greatest fitness trends — and rowing machines are no exception. Hydrow’s at-home exercise equipment is so popular among the A-list set, in fact,…
Read MoreMeghan Markle celebrates 7th wedding anniversary to Prince Harry with new family photos
Meghan Markle is wishing Prince Harry a happy anniversary! The Dutchess of Sussex acknowledged her seven years of marriage by posting never-before-seen photos of her hubby and their family on Instagram. Watch the full video to learn more about the new pictures. Subscribe to our YouTube for the latest on all your favorite stars. Source link
Read MoreFreed Hamas hostage Edan Alexander’s parents nearly missed news of his release
Edan Alexander’s parents revealed Monday that they missed eight calls telling them their son was finally being released by Hamas terrorists — and that they nearly knocked him over when they were finally reunited because he was “so weak.” The 21-year-old Israeli-American from New Jersey was freed last Monday after enduring more than 19 months…
Read MoreRegeneron Pharmaceuticals to buy 23andMe for $256M — taking control of genetic data of millions
Regeneron Pharmaceuticals on Monday announced it is buying 23andMe out of bankruptcy for $256 million – taking with it the company’s extensive trove of genetic samples and data. It will acquire 23andMe’s Personal Genome Service, Total Health and Research Services and its large biobank, including genetic data of more than 15 million customers – raising…
Read MoreMeghan Markle shares never-before-seen photos of Prince Harry and their kids for 7th wedding anniversary
Meghan Markle celebrated her and Prince Harry’s seventh wedding anniversary on Instagram. Getty Images Meghan Markle is celebrating her and Prince Harry’s seventh wedding anniversary by sharing never-before-seen photos of the Sussex family. “Seven years of marriage,” she wrote alongside an Instagram pic of a bulletin board teeming with photos of the couple and their…
Read MoreApple partner Foxconn injects US$1.5 billion into India unit
Published Mon, May 19, 2025 · 10:28 PM [HONG KONG] Taiwan’s Foxconn, the main manufacturer of Apple’s iPhones, will inject US$1.5 billion into its India unit as production shifts away from China. The company said in an exchange filing on Monday (May 19) that it had made the investment through its Singaporean subsidiary. Foxconn, which…
Read MoreJPMorgan says interest income could rise this year even as uncertainty persists
[NEW YORK] JPMorgan Chase could earn more from interest payments this year as consumers and businesses remain resilient despite economic uncertainty, it said on Monday (May 19). Net interest income (NII) – the difference between what the bank pays on deposits and earns from interest payments – could rise by US$1 billion this year, chief…
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