Business
ASX to rise, Wall St advances on Fed pledge – The Australian Financial Review
Australian shares are set to open higher as Wall Street rose after the US central bank pledged to keep rates lower for longer. $A moves toward US72¢.
Four of the biggest tech CEOs were hammered by US lawmakers – Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Alphabets Sundar Pichai and Apple’s Tim Cook. The shares of their respective companies advanced between 1% and 2% on the day.
The main overall focus for investors however was the Fed.
In a statement after a two-day meeting, the Fed’s policy committee said it expected to maintain the current target range “until it is confident that the economy has weathered recent events and is on trac…
-
Noosa News15 hours agoMitch Power Quick Shear event gets men talking about mental health
-
General16 hours agoAccused of Antisemitism: Herald Sun, Israel lobby v Dandenong Clr Rhonda Garad
-
Noosa News9 hours agoNRL live updates: Newcastle Knights vs Melbourne Storm, St George Illawarra Dragons vs Sydney Roosters, North Queensland Cowboys vs Canterbury Bulldogs
-
General17 hours agoThailand punches above its weight in film creativity and cross-border appeal. Here’s why