Fed&#039s Esther George sees fees remaining superior at minimum into 2024

Essential Details

Kansas Metropolis Federal Reserve President Esther George is advising her colleagues to stay hard in their endeavours to stamp out runaway inflation.
Requested no matter if her watch is that the cash charge should keep earlier mentioned 5% into 2024, George replied, “It is for me.”
George mentioned she isn’t forecasting a recession mainly because of Fed policies, but mentioned that one is possible.

Source

Finance

Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths

May 8, 2026

Key Points Iran war may dominate the first U.S. presidential visit to China since 2017. U.S. business delegation may be smaller than those other countries have brought to China recently, according to a source familiar with the matter. The timing of the next meeting — Chinese President Xi Jinping’s visit to the U.S. — is […]

Finance

Stocks making the biggest moves after hours: Akamai Technologies, Expedia, Lyft, Texas Roadhouse and more

May 7, 2026

Check out the companies making headlines after the bell : Gen Digital — The software stock popped 8% after sharing current-quarter and full-year revenue guidance that exceeded analysts’ expectations, per FactSet. Gen Digital also posted a fiscal fourth-quarter adjusted earnings and revenue beat. Airbnb — The vacation rental stock added 1%. First-quarter revenue of $2.68 […]

Finance

Stocks making the biggest moves midday: Planet Fitness, Whirlpool, Vital Farms, Shake Shack & more

May 7, 2026

Check out the companies making the biggest moves midday: Planet Fitness — Shares fell nearly 33% after the gym operator lowered its full-year earnings outlook. The company now sees its bottom line growing about 4% year on year. That’s down from a forecast that called for an expansion of 9% to 10%. Vital Farms — […]