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*Powell grabs punchbowl, tames Wall Street rally with hawkish rate comments*

Federal Reserve Chairman Jerome Powell said Thursday that he would 'hesitate' to raise interest rates again, adding during a speech to an event in Washington that the central bank is not yet confident that financial conditions are restrictive enough to tame inflation. In prepared remarks for a policy discussion at the Jacques Polak Annual Research Conference, Powell said rate decisions will be taken on a meeting-by-meeting basis, but stressed the Fed would be "attentive" to price given that their is a "long way to go" to return inflation to the central bank's preferred 2% target. "If it becomes appropriate to tighten policy further, we will not hesitate to do so," Powell said, adding "the Fed "is committed to achieving a stance of monetary policy that is sufficiently restrictive to bring inflation down to 2% over time; We are not confident that we have achieved such a stance." Powell also said that rate decisions would be taken "carefully ... allowing us to address both the risk of being misled by a few good months of data, and the risk of overtightening. We are making decisions meeting by meeting." U.S. stocks extended declines following the release of headlines from Powell's remarks, with the S&P 500 marked 29 points, or 0.67% lower on the session and the Dow Jones Industrial Average falling 186 points. Benchmark 10-year note yields, meanwhile, were marked 8 basis points higher on the day at 4.629%, although much of that upside move followed a weaker-than-expected auction of 30-year bonds earlier in the session. Last week's pullback in yields, which pushed 10-year notes below the 4.5% mark for the first time since September, may have compelled Powell to take a more hawkish tone. Powell, who has said on many occasions that tight financial conditions – including higher Treasury yields – are helping the Fed in its inflation fight, may determine that markets have gotten over their skis with rally that's that's extended for the S&P 500 past eight session.Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
[Read more...](https://www.thestreet.com/investing/stocks/powell-grabs-punchbowl-tames-wall-street-rally-with-hawkish-rate-comments)
Powell grabs punchbowl, tames Wall Street rally with hawkish rate comments

Federal Reserve Chairman Jerome Powell said Thursday that he would 'hesitate' to raise interest rates again, adding during a speech to an event in Washington that the central bank is not yet confident that financial conditions are restrictive enough to tame inflation. In prepared remarks for a policy discussion at the Jacques Polak Annual Research Conference, Powell said rate decisions will be taken on a meeting-by-meeting basis, but stressed the Fed would be "attentive" to price given that their is a "long way to go" to return inflation to the central bank's preferred 2% target. "If it becomes appropriate to tighten policy further, we will not hesitate to do so," Powell said, adding "the Fed "is committed to achieving a stance of monetary policy that is sufficiently restrictive to bring inflation down to 2% over time; We are not confident that we have achieved such a stance." Powell also said that rate decisions would be taken "carefully ... allowing us to address both the risk of being misled by a few good months of data, and the risk of overtightening. We are making decisions meeting by meeting." U.S. stocks extended declines following the release of headlines from Powell's remarks, with the S&P 500 marked 29 points, or 0.67% lower on the session and the Dow Jones Industrial Average falling 186 points. Benchmark 10-year note yields, meanwhile, were marked 8 basis points higher on the day at 4.629%, although much of that upside move followed a weaker-than-expected auction of 30-year bonds earlier in the session. Last week's pullback in yields, which pushed 10-year notes below the 4.5% mark for the first time since September, may have compelled Powell to take a more hawkish tone. Powell, who has said on many occasions that tight financial conditions – including higher Treasury yields – are helping the Fed in its inflation fight, may determine that markets have gotten over their skis with rally that's that's extended for the S&P 500 past eight session.Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
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*My car got booted for parking in a spot that I pay $50 a month for. They started towing my car after an hour of the boot being on.*

Bonus: My car is a rear-wheel drive electric car and they towed it like a regular front wheel drive which could’ve seriously fucked up my car. submitted by /u/RatInMcdonalds to r/Wellthatsucks [link] [comments]
[Read more...](https://www.reddit.com/r/Wellthatsucks/comments/17r7smy/my_car_got_booted_for_parking_in_a_spot_that_i/)
My car got booted for parking in a spot that I pay $50 a month for. They started towing my car after an hour of the boot being on.

Bonus: My car is a rear-wheel drive electric car and they towed it like a regular front wheel drive which could’ve seriously fucked up my car. submitted by /u/RatInMcdonalds to r/Wellthatsucks link comments
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To defend the Constitution of the United States against all enemies, foreign and domestic

submitted by /u/KeyPlatypus7574 to r/therewasanattempt link comments
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*My dog has been sick and is on vet-mandated couch-rest. His little cat brother has been tending to him by bringing him his ( meaning the cat's) worm toys. Dog brother is very confused as to why the cat keeps bringing him these .*

submitted by /u/Imaginary-Cricket903 to r/aww [link] [comments]
[Read more...](https://www.reddit.com/r/aww/comments/17rfrre/my_dog_has_been_sick_and_is_on_vetmandated/)
My dog has been sick and is on vet-mandated couch-rest. His little cat brother has been tending to him by bringing him his ( meaning the cat's) worm toys. Dog brother is very confused as to why the cat keeps bringing him these .

submitted by /u/Imaginary-Cricket903 to r/aww link comments
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[NSFW]The moment a 77 year old man opens fire at an environmental activist that is blocking the road

submitted by /u/AlphaCodeNumerial to r/pics link comments
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*Create Easy Keepsake Art with This Fall-Friendly DIY*

The result is unbeleafable! READ MORE...
[Read more...](https://www.apartmenttherapy.com/fall-diy-leaf-keepsake-tiktok-37338749?utm_source=RSS&utm_medium=feed&utm_campaign=Category%2FChannel%3A+main)
*Celebrating 100 years: The history of Disney*

Disney reported better than expected third quarter results, with a renewed focus on profitability in 2024. But the company has been struggling to turn a profit in recent years. As Disney celebrates its 100th anniversary, the company is tasked with turning around its streaming business, navigating a decline in visitors at its parks, and ongoing uncertainty around a CEO succession plan. In the video above, TheStreet delves into Disney's transformation, tracing its journey from its inception in 1923 to the modern day company.Full Video Transcript Below: JACQUI FRANK: Walt and his brother, Roy, moved out to California and founded what became Disney Brothers Cartoon Studio in October 1923. They started their business in the back of a small office in Los Angeles where they paid $10 a month. From 1923 to 1927, Disney Brothers produced a series of short, live-action animated films called "The Alice Comedies." They changed the company name to The Walt Disney Studio in 1926. In 1928, they released Steamboat Willie, widely recognized as problematic, but was also the first appearance of the iconic Mickey Mouse and was the first synchronized sound cartoon. The Walt Disney Studio changed its name to Walt Disney Productions Ltd. in 1929. Disney began creating its first feature-length film in 1934, Snow White and the Seven Dwarves. Its production was considered a reckless undertaking - too expensive, too complicated, and too long. Three years later, in 1937, it was a wildly successful release, and its characters are still recognized today. With the profits from "Snow White," Disney bought 51 acres in Burbank and began designing a studio for making animated feature films. In 1940 the studio officially moved to the new location and became a publicly traded company. In 1944, Disney found itself short on funds and re-released Snow White, beginning a pattern of re-releasing their successful films. Disney then made a programming deal with American Broadcasting-Paramount Theatres to fund Disneyland in 1953 and the park opened two years later in 1955. Disney IPOs at a share price of US$13.88 on the New York Stock Exchange in 1957. Walt Disney died in 1966 and from that point until 1987, the company was considered to be in a dark period of decline. Attempted hostile takeovers and brushes with bankruptcy. In 1967, construction began on Walt Disney World Resort in Orlando, Florida. The Experimental Prototype Community of Tomorrow, known as Epcot, opened in Walt Disney World Resort, in 1982. The following year, the Disney Channel began production and Tokyo Disneyland opened. 1986 finally the company name was changed to its modern iteration, The Walt Disney Company. This is where things seem to change around for the company and begin the current era of Disney acquisitions. Disney entered a 10-year distribution partnership with Pixar Animation Studios in 1997, resulting in the purchase of Pixar in 2006 for $7 billion. Disney bought Marvel in 2009, for a total of $4 billion. In 2010, Disney sold off assets, including "Power Rangers" for $100 million and Miramax Films for $660 million. Disney acquired Lucasfilm from George Lucas, including "Star Wars" and "Indiana Jones", for $4.06 billion in 2012. In 2013, Disney released "Frozen," which became the highest-grossing animated feature of all time. Disney announced a $60 billion investment in its parks in 2023, double what it spent in the decade prior. As of 2023, Disney has expanded to own and operate ABC, ESPN, Pixar, Marvel Studios, and Lucasfilm.
[Read more...](https://www.thestreet.com/video/celebrating-100-years-the-history-of-disney-)
Celebrating 100 years: The history of Disney

Disney reported better than expected third quarter results, with a renewed focus on profitability in 2024. But the company has been struggling to turn a profit in recent years. As Disney celebrates its 100th anniversary, the company is tasked with turning around its streaming business, navigating a decline in visitors at its parks, and ongoing uncertainty around a CEO succession plan. In the video above, TheStreet delves into Disney's transformation, tracing its journey from its inception in 1923 to the modern day company.Full Video Transcript Below: JACQUI FRANK: Walt and his brother, Roy, moved out to California and founded what became Disney Brothers Cartoon Studio in October 1923. They started their business in the back of a small office in Los Angeles where they paid $10 a month. From 1923 to 1927, Disney Brothers produced a series of short, live-action animated films called "The Alice Comedies." They changed the company name to The Walt Disney Studio in 1926. In 1928, they released Steamboat Willie, widely recognized as problematic, but was also the first appearance of the iconic Mickey Mouse and was the first synchronized sound cartoon. The Walt Disney Studio changed its name to Walt Disney Productions Ltd. in 1929. Disney began creating its first feature-length film in 1934, Snow White and the Seven Dwarves. Its production was considered a reckless undertaking - too expensive, too complicated, and too long. Three years later, in 1937, it was a wildly successful release, and its characters are still recognized today. With the profits from "Snow White," Disney bought 51 acres in Burbank and began designing a studio for making animated feature films. In 1940 the studio officially moved to the new location and became a publicly traded company. In 1944, Disney found itself short on funds and re-released Snow White, beginning a pattern of re-releasing their successful films. Disney then made a programming deal with American Broadcasting-Paramount Theatres to fund Disneyland in 1953 and the park opened two years later in 1955. Disney IPOs at a share price of US$13.88 on the New York Stock Exchange in 1957. Walt Disney died in 1966 and from that point until 1987, the company was considered to be in a dark period of decline. Attempted hostile takeovers and brushes with bankruptcy. In 1967, construction began on Walt Disney World Resort in Orlando, Florida. The Experimental Prototype Community of Tomorrow, known as Epcot, opened in Walt Disney World Resort, in 1982. The following year, the Disney Channel began production and Tokyo Disneyland opened. 1986 finally the company name was changed to its modern iteration, The Walt Disney Company. This is where things seem to change around for the company and begin the current era of Disney acquisitions. Disney entered a 10-year distribution partnership with Pixar Animation Studios in 1997, resulting in the purchase of Pixar in 2006 for $7 billion. Disney bought Marvel in 2009, for a total of $4 billion. In 2010, Disney sold off assets, including "Power Rangers" for $100 million and Miramax Films for $660 million. Disney acquired Lucasfilm from George Lucas, including "Star Wars" and "Indiana Jones", for $4.06 billion in 2012. In 2013, Disney released "Frozen," which became the highest-grossing animated feature of all time. Disney announced a $60 billion investment in its parks in 2023, double what it spent in the decade prior. As of 2023, Disney has expanded to own and operate ABC, ESPN, Pixar, Marvel Studios, and Lucasfilm.
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*Step Aside, Custom Matchbooks β€” This Is the New Personalized DIY Trend*

It’s so easy to recreate. READ MORE...
[Read more...](https://www.apartmenttherapy.com/diy-house-rules-paintings-37338962?utm_source=RSS&utm_medium=feed&utm_campaign=Category%2FChannel%3A+main)