Tune In: Fed Chair Jerome Powell Discusses Interest Rate Policy and Economic Outlook
25Jul By Mason ClarkNo Comments
Business

Tune In: Fed Chair Jerome Powell Discusses Interest Rate Policy and Economic Outlook

More news - Breaking news Federal Reserve Chairman Jerome Powell will speak at the Economic Club of Washington, D.C., on Monday, providing insights into the central bank's interest rate policy and the broader economic landscape. Powell will engage in a discussion with David Rubenstein, president of the Economic Club and co-founder of The Carlyle Group. The move marks Powell’s first public comments since Thursday’s Consumer Price Index (CPI) report, which showed monthly prices for June falling. During his two-day testimony on Capitol Hill last week, Powell said the Federal Reserve now sees the risks of rising inflation and a slowing economy as more balanced. He also said the central bank does not need to wait for inflation to hit its 2% target before considering rate cuts. The Fed’s n...
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Wiz Cancels B Google Acquisition, Plans IPO Instead
24Jul By Mason ClarkNo Comments
News

Wiz Cancels $23B Google Acquisition, Plans IPO Instead

More news - Latest news Wiz has decided to forgo a $23 billion acquisition by Google, a deal that would have marked Google’s largest acquisition to date. Instead, the cloud security startup will pursue an initial public offering (IPO) as originally planned, according to an internal memo from co-founder Assaf Rappaport. “Turning down offers like this is a challenge,” Rappaport noted in his message to employees, obtained by CNBC. He emphasized the company’s focus on reaching its next milestones: an IPO and reaching $1 billion in annual recurring revenue, milestones that had been in sight well before the acquisition talks began. The acquisition would nearly double Wiz’s valuation from its last funding round, which was $12 billion. Founded in 2020, Wiz has grown rapidly under Ra...
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The five-year impact of the new free kick rule in football
24Jul By Mason ClarkNo Comments
Sports

The five-year impact of the new free kick rule in football

Related media - Latest news In the fall of 2017, free kicks began to be considered a real offensive tool. After his purchase from Benfica, it quickly became clear that Manchester City goalkeeper Ederson possessed a left leg more akin to a catapult than a human limb, capable of launching the ball 80 metres over the opposition defence to create a goal-scoring opportunity. Teams were baffled by this tactic, as they had never seen it before. City's entire attacking trio positioned themselves 20 metres beyond the opposition's goal line, confident that they could not be offside from a goal kick. @SamLee (@SamLee)"This set-up of City's free kick is brilliant. The players are spread out all over the pitch; the opposition have no idea whether the pass will be short, into the big hole...
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Caeleb Dressel’s Journey to Rediscovering His Passion for Swimming
22Jul By Mason ClarkNo Comments
Sports

Caeleb Dressel’s Journey to Rediscovering His Passion for Swimming

More news - Breaking news Caeleb Dressel's extraordinary performance, winning seven gold medals, may paint the image of a champion without problems, but the reality of his swimming journey tells a different story. Despite his unparalleled success, Dressel has had to contend with the intense pressures of the sport. Widely regarded as one of the world’s best swimmers, Dressel holds the world record in the men’s 100-meter butterfly, a title he took from Michael Phelps in 2019 and then bettered at the Tokyo Olympics, where he won five gold medals. But even those accomplishments have failed to shield him from disappointment. Dressel was consumed by perceived failures, whether it was a turn, the finish line, or the lead. Winning gold and helping Team USA dominate the medal count d...
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From Underdog to Superstar: Scheffler Faces Unexpected Fame
20Jul By Mason ClarkNo Comments
Sports

From Underdog to Superstar: Scheffler Faces Unexpected Fame

More news - News 24 hours Scottie Scheffler’s rise to the pinnacle of golf has been nothing short of meteoric. Once considered a talented but unremarkable player, the American has become a global sensation in 2024. This newfound fame, however, presents a unique challenge for a man who previously held his privacy in high regard. Scheffler’s journey began with a dominant win at the Masters in 2022, cementing his place as a world-class golfer. However, his celebrity status remained relatively understated. Fast forward to 2024, and a series of events catapulted him into the spotlight. A series of major victories, including a second Masters victory, cemented his dominance. But it was a bizarre arrest in Louisville that truly propelled him into the pop culture stratosphere. Fans r...
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Brunson’s Loyalty Rewrites Knicks’ Future: A Win for Championship Aspirations
17Jul By Mason ClarkNo Comments
Sports

Brunson’s Loyalty Rewrites Knicks’ Future: A Win for Championship Aspirations

More news - Breaking news Jalen Brunson defied convention this summer. While most players chase the biggest paycheck, Brunson prioritized winning in New York. The Knicks, eager to retain their rising star, offered a significant contract extension. But the really historic part? Brunson left a whopping $113 million on the table by opting into this deal a year early. The unprecedented move speaks volumes about Brunson’s dedication. He’s not just playing in New York, he’s invested in the team’s championship aspirations. That commitment goes beyond finances: He prioritizes building chemistry with teammates like Josh Hart and playing under Coach Thibodeau. Brunson’s decision is a gamble, but a calculated one. The new contract structure allows the Knicks to remain flexible un...
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