Federal Reserve Chairman Jerome Powell provided an optimistic overview of the US economy during a discussion at the Foreign Bankers' Association's Annual General Meeting in Amsterdam.
Powell highlighted the robust performance of the US economy, noting a particularly strong labor market and the good financial health of households.
According to Powell, consumer spending and business investment have maintained their strength, despite ongoing labor shortages across various... (continue reading...)
(Reuters) - Comcast is set to launch a streaming bundle combining its Peacock service with Netflix and Apple TV+, as the media and broadband company looks to retain subscribers in the face of stiff competition.
The new bundle, StreamSaver, will be available to all its broadband, TV and mobile subscribers and at a "vastly reduced price to anything in the market today", Comcast CEO Brian Roberts told the MoffettNathanson Media, Internet & Communications... (continue reading...)
Comcast (NASDAQ: CMCSA) To Launch Bundle Of Peacock, Netflix And Apple Tv+ - WSJ
- Bundle Will Be Available To Comcast Internet Customers
Goldman Sachs (NYSE: GS) recently released a comprehensive analysis of Oil Marketing Companies' (OMCs) fourth-quarter results, highlighting a mixed performance across the board. While Indian Oil Corporation (NS: IOC) reported weaker-than-expected EBITDA, with a notable -24% variance compared to Bloomberg consensus, Hindustan Petroleum (NS:HPCL) Corporation Limited (HPCL) and Bharat Petroleum (NS:BPCL) Corporation Limited (BPCL) showed positive growth of +8%... (continue reading...)
Investing.com -- The number of European investors who believe the continent's economy will improve over the coming twelve months has risen, according to a survey conducted by Bank of America Securities.
According to the lender's study of European fund managers, a net 61% of respondents said they expect to see stronger growth in the region in the next year-long period. It was the highest mark since July 2021.
An overall total of 245 panellists with $642 billion in... (continue reading...)
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