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Fed Signals Rate Cut Coming Soon; Delta Reveals Cost of CrowdStrike Outage | Business Matters Full Broadcast (July 31)
Manage episode 431766048 series 3433590
Chairman Jerome Powell today acknowledging weakness in the jobs market and the economy. He says the broad sense among the Fed committee is that things may be deteriorating to a point where the economy will soon need stimulus. That could come as soon as September in the form of a rate cut.
500 million dollars. That’s how much Delta says the CrowdStrike-Microsoft outage will cost the airline. Delta shares down today. The massive I-T outage earlier this month forced Delta to cancel more than five-thousand flights, leaving hordes of flyers stranded.
301 episodes
Manage episode 431766048 series 3433590
Chairman Jerome Powell today acknowledging weakness in the jobs market and the economy. He says the broad sense among the Fed committee is that things may be deteriorating to a point where the economy will soon need stimulus. That could come as soon as September in the form of a rate cut.
500 million dollars. That’s how much Delta says the CrowdStrike-Microsoft outage will cost the airline. Delta shares down today. The massive I-T outage earlier this month forced Delta to cancel more than five-thousand flights, leaving hordes of flyers stranded.
301 episodes
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