These are the headlines you Need 2 Know for Friday, December 27, 2019:
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Sticky Inflation Could Make an Unwelcome Summer Comeback
After a few months of positive data, the Fed chair says he’s in no rush to cut rates – and this analyst says inflation could stick around for the near future.
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Manhattan Real Estate Sees Buyer's Market Shift with Falling Prices
Plus: Jerome Powell's cautious stance on rate cuts raises questions about their impact on residential vs. commercial property buying and lending.
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Boeing Is Having a Tough Year. Here’s How It Can Pull Out of a Tailspin
As the DOJ potentially prepares to file criminal charges against Boeing, an industry expert breaks down what went wrong – and how it could make things right.
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Powell Says ‘Progress’ on Inflation, But When Will We Reach 2%?
The Fed chair seems pleased with how far inflation has fallen, but according to this analyst, we could be waiting until 2025 to hit that crucial 2% goal.
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Quite a Few Interest Rate Cuts Could Be on the Way
While the Fed has made it clear that it won’t consider cutting rates until at least September, one analyst is expecting a whopping seven cuts in a row.
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Webtoon Entertainment Goes Public, Raising $315M With IPO
PLUS: Recent studies reveal high mental health issues among animation professionals. Webtoon's COO & CFO weighs in.
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It's Five O'Clock Somewhere! Cool Off With Summer's Hottest Cocktails
From the sober-curious to bottle service, Bacardi's North America president offers a few trends for every lifestyle (and every budget).
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Core Inflation at Lowest Levels Since 2020 says Fed Guage
Excluding volatile food and energy prices, so-called core inflation rose 0.1% from April to May, the smallest increase since the spring of 2020.
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The IPO Market Should Stay Sizzling, Even When Summer Is Long Over
The NASDAQ’s Executive Vice President of Corporate Platforms breaks down why you’ll probably see a lot of companies going public in September and December.
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