In 2014, three months into her four-year tenure leading the Federal Reserve, Janet Yellen was trying to draw an important link for investors, policy makers and community development leaders. “Although we work through financial markets, our goal is to help Main Street, not Wall Street. By keeping interest rates low, …
Read More »The Wall Street Journal: Chip-maker Analog poised to buy rival Maxim Integrated for more than $17 billion
Semiconductor maker Analog Devices Inc. is in talks to buy rival Maxim Integrated Products Inc. for more than $ 17 billion in what would be one of the largest merger deals of the year, according to people familiar with the matter. Analog ADI, +0.20% and Maxim MXIM, -0.58% are discussing …
Read More »In One Chart: The stock market is poised for a summer of gains, forecaster predicts
Stocks got off to a red-hot start to the week, with the Nasdaq cruising to record highs on Monday, and while the gloom-and-doom set have plenty of reason to believe it won’t last, Economic Cycle Research Institute co-founder Lakshman Achuthan doesn’t see it that way. At least that’s what his …
Read More »The Fed: U.S. economy is near bottom, poised for rebound, Fed’s Williams says
The U.S. economy is starting to show some initial signs of increased activity as businesses reopen as the coronavirus pandemic recedes, said New York Federal Reserve President John Williams on Wednesday. “I think we’re kind of in a good place…maybe near the bottom in terms of the economic downturn and, …
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