Economist Austan Goolsbee named next Chicago Fed president

Economist Austan Goolsbee named next Chicago Fed president


Essential Factors
  • Economist Austan Goolsbee will just take over as president of the Chicago Federal Reserve early subsequent yr, getting the area of the retiring Charles Evans.
  • Goolsbee previously served as chairman of the White House’s Council of Financial Advisors from 2010-11 under then-President Barack Obama.



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Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs
Finance

Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs

ETF Edge Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs Published Sat, Oct 4 202511:00 AM EDT Blair Bao WATCH LIVE Source

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From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer
Finance

From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer

Key Points The allure of the world’s second-largest consumer market is forcing Western companies to adapt in the face of growing competition from Chinese brands. In the last two years, adapting to the local social media ecosystem of Xiaohongshu and Douyin has become a path to quick success, according to Stephy Liu, founder of a […]

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Stocks making the biggest moves midday: Wynn Resorts, Red Cat, SanDisk, Palantir & more
Finance

Stocks making the biggest moves midday: Wynn Resorts, Red Cat, SanDisk, Palantir & more

Check out the companies making the biggest moves midday: Peabody Energy — The coal company jumped 9%. Peabody began arbitration proceedings with Anglo American over the canceled purchase of steelmaking coat assets belonging to the Anglo. SanDisk — The maker of solid state drives jumped 10%, adding to its massive gains. Over the past six […]

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