Tag: Federal Reserve

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Wall Street slips ahead of Fed Chair Powell speech

Markets Context.ph Context.ph -
Major U.S. markets closed lower Thursday as investors awaited Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium—an elite annual gathering of global central bankers that often sets the tone for global interest rate direction.

Gold surges amid US economic uncertainty, likely Fed rate cut

Markets Context.ph Context.ph -
US economic uncertainty, stoked by President Donald Trumps tariff push, has bolstered gold prices close to record highs.

Wall Street advances on hopes Fed will cut rates

Markets Context.ph Context.ph -
U.S. stocks rallied Monday as weak jobs data bolstered expectations that the Federal Reserve could begin cutting interest rates in the coming months.

Federal Reserve hold rates, eyes inflation, jobs paths

Top News Context.ph Context.ph -
The Federal Open Market Committee (FOMC) on Thursday held the federal funds target range steady at 4.25 percent to 4.5 percent, citing steady economic growth and lingering inflationary pressures.

Trump car tariff hurts stocks, stokes inflation concern

Top News Context.ph Context.ph -
U.S. President Donald Trump imposed a 25 percent tariff on imported vehicles on Wednesday night, fueling inflation concerns that weighed on financial markets. After market...
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St. Luke’s Global City performs first SAPIEN 3 valve implant

Education, Health & Science 0
St. Luke’s Medical Center–Global City has successfully performed its first native balloon-expandable Edwards SAPIEN 3 heart valve implantation, expanding minimally invasive treatment options for Filipino patients with severe heart valve disease.

DOTr expands Siargao Airport, upgrades ports to boost tourism

Travel & Tourism 0
The Department of Transportation (DOTr) is improving connectivity to Siargao Island through an expanded airport passenger terminal and upgraded port facilities, aiming to accommodate growing tourism demand and provide travelers with better air and sea transport options.

NPC, Globe boost child online safety against AI misuse

Communications & Technology 0
The National Privacy Commission (NPC) and Globe Telecom are strengthening efforts to protect Filipino children from online privacy risks and promote responsible use of emerging technologies, including artificial intelligence (AI).

Lemon Square expands Batangas operations, opens 150th store

Trade & Investments 0
Big E Food Corporation, maker of Lemon Square cakes and pastries, is strengthening its presence in Batangas with a new manufacturing facility and the opening of its 150th retail store at LIMA Estate.

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