Last week, the ] that seemed to indicate that he felt as though the US was back on a “disinflationary path”; inflation appears to be cooling, and its inflation and employment goals appear to “have come back much closer to balance”. Despite that, Mr. Powell was still hesitant to cut rates too soon and stressed “patience” with the process and a desire to see more and better confirmations in the data.
Jollibee will acquire South Korean coffee leader Compose Coffee Company for $238 million, in a deal that pegs CCC’s... Gilas Pilipinas is off to the semifinals of the FIBA Olympic Qualifying Tournament in Riga, Latvia, despite losing to Georgia,...