|
Powerball jackpot surges to $1.8 billion, the 2nd largest jackpot in US history ABC NewsThis is why you MUST check your Powerball ticket, even if you know you didn't win the $1.8 billion jackpot CNNPowerball tonight: How to watch drawing for $1.8 billion jackpot live, buy tickets online AxiosLottery Winners Share Hard Lessons Ahead of $1.8 Billion Powerball Drawing The New York Times
| RELATED ARTICLES | | |
|
Lottery Winners Share Hard Lessons Ahead of $1.8 Billion Powerball Drawing The New York TimesThis is why you MUST check your Powerball ticket, even if you know you didn't win the $1.8 billion jackpot CNNPowerball jackpot hits $1.8 billion. Here's the tax bill if you win CNBCHuge Powerball jackpots attract 'everyone,' but there's a catch USA Today
|
|
Peak Rock Capital has reached its $2.5bn hard cap for the final close of its fourth flagship fund, beating its initial $2bn target.
The post Peak Rock seals hard cap $2.5bn Fund IV close, another $500m across new credit, equity vehicles appeared first on AltAssets Private Equity News.
| RELATED ARTICLES | | | | |
|
Stocks kept investors on edge for most of Thursday, swinging between positive and negative territory throughout the session as investors sized up global central bank headlines.
Kicking things off was an early morning decision from the European Central Bank (ECB) to hike its key interest rate by an unprecedented 75 basis points. A basis point is one one-hundredth of a percentage point.
SEE MORE The Best Online Brokers and Trading Platforms, 2022
"Stuck between a rock and a hard place, ECB policymakers felt they had little option but to go ultra-big with the rate rise to try and cut the rope on inflation and spark a fall from its ascent," says Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown. She adds that it couldn't have come at a worse time. "With energy prices so elevated, bringing an end to the price spiral is going to be far from easy, and the ECB is warning that fresh hikes will be on the way."
Back at home, Federal Reserve Chair Jerome Powell this morning doubled down on the hawkish tone he struck in a late-August speech in Jackson Hole, Wyoming. Speaking during a virtual conference hosted by the Cato Institute, Powell indicated that the Fed is firmly committed to fighting inflation and will be as aggressive as it needs to be in order to do that. "It is very much our view, and my view, that we need to act now forthrightly, strongly, as we have been doing, and we need to keep at it until the job is done," he said.
Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.
These two events sparked a wild ride for investors, but at the close, the major market indexes were in the green. The Dow Jones
|
|