At his post-meeting press conference, Chair Jerome Powell deftly negotiated expectations from market bulls and bears, somehow affirming both camps.
beat Wall Street estimates
. BlackRock and Jio Financial Services each plan to invest up to $150 million in the 50-50 venture, which is BlackRock's second attempt to enter India's burgeoning asset management industry.The Dow has risen for 13 straight days, its longest winning streak since 1987. The law of the market — what goes up must come down — suggests the streak will be broken soon. But that'sThere was something for everyone at the Fed's latest meeting.
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