WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell on Tuesday testifies before the Senate Banking Committee in a hearing likely to take stock of whether recent signs of slowed inflation and a slowing U.S. job market will prompt the central bank to accelerate its plans to cut interest rates. At the Fed's June 11-12 meeting the median projection of 19...

WASHINGTON (Reuters) - U.S. small-business confidence increased to a six-month high in June, but inflation worries lingered amid a rise in the share of owners planning to raise compensation for workers over the next three months. The National Federation of Independent Business (NFIB) said on Tuesday its Small Business Optimism Index climbed 1 point to 91.5 last month, the highest...

What to expect for July 8 - July 12, 2024 Originally posted at https://volumeleaders.substack.com Weekly Wrap-Up In the week of July 1 through July 5, 2024, the U.S. financial markets experienced significant developments across various sectors. The major indices, including the S&P 500 and Nasdaq, reached new all-time highs. The Nasdaq's 3.5% increase marked its tenth positive week out of the...

SAO PAULO (Reuters) - Brazilian chicken export data indicates the outlook is positive for the remainder of 2024, meat lobby ABPA said on Monday, citing weaker competition from U.S. supplies and continued strong demand from traditional Middle East importers. Brazil's chicken exports averaged 431,400 metric tons per month through June, 0.8% higher than the monthly average recorded for the whole...