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Stocks climb after Fed says rates may stay low for longer - Black News Channel

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By Stan Choe and Damian J. Troise AP Business Writers NEW YORK (AP) — Stocks are pushing further into record heights in afternoon trading on Wall Street Thursday after the Federal Reserve made a major overhaul to its strategy, one that could keep interest rates low for longer. The S&P 500 was 0.5% higher, after veering through a jumbled day of trading. Prices for stocks, bonds and gold all made several U-turns after Fed Chair Jerome Powell gave a highly anticipated speech. In it, he essentially said the Fed may continue efforts to prop up the economy even if inflation […]

The post Stocks climb after Fed says rates may stay low for longer appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

American Civil War Facts

  • Washington, Booker Taliaferro
  • Carter G. Woodson - African American Trailblazers
  • Benjamin L. Hooks
  • African-American History Timeline: 1980 to 1989
  • Who Are the Notable African-American Architects?
  • Clara Stanton Jones
  • (2017) New Orleans Mayor Mitch Landrieu's Address on the Removal of Confederate Monuments in New Orleans
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  • Noble Johnson
  • Voices of the Civil War Episode 2: "Banneker's Letter"

Literature Facts

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  • James DuBose Talks Building Fox Soul From the Ground Up
  • Fairy Tales of Race and Nation

Random Facts

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Southern United States Facts

  • Republican National Convention met in Philadelphia
  • U.W. Clemon
  • Mason-Dixon Line
  • Mississippi legislature enacted Black Codes
  • Santos, Rosângela Cristina Oliveira (1990- )
  • Forty-second Congress convened
  • Black flight
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