The California Public Employees’ Retirement System, also known as CalPERS, has officially cast its votes in support of activist investor Nelson Peltz and former Disney executive Jay Rasulo for the upcoming election of the Board of Directors at The Walt Disney Company, according to a recent report.
Bluesky, the highly secretive startup aiming to develop a decentralized social media platform, has announced that it will be opening its doors to the public. This groundbreaking move comes as CEO Jay Graber prepares to tackle the numerous hurdles that lie ahead.
President Donald Trump has recently expressed his dissatisfaction with Federal Reserve Chair Jay Powell, stating that he would consider replacing him due to what he perceives as a “political” approach to monetary policy. Trump’s comments have raised concerns about the independence of the central bank and its ability to make decisions based on economic fundamentals rather than political considerations.
In a highly anticipated speech yesterday, Federal Reserve Chairman Jay Powell finally shed light on the central bank’s stance on US interest rates. His remarks, delivered at the annual economic conference in Jackson Hole, Wyoming, came amidst growing speculation and uncertainty in the markets. Powell’s revelations provided crucial insight into the Federal Reserve’s strategy moving forward.
