Powell Highlights Progress on Inflation, But Calls for More Assurance Before Lowering Rates

Powell Highlights Progress on Inflation, But Calls for More Assurance Before Lowering Rates

Federal Reserve Chairman Jerome Powell on Tuesday expressed satisfaction with the progress made over the past year in tackling inflation, but stressed that more confidence was needed before considering a rate cut. «We’ve made quite a bit of progress in getting inflation back to our objective,» Powell told a central bank forum in Sintra, Portugal….

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Salesforce Investors Reject Executive Compensation Plan

Salesforce Investors Reject Executive Compensation Plan

Marc Benioff, CEO of Salesforce, spoke at the World Economic Forum in Davos, Switzerland, on January 18, 2024. At Salesforce’s annual meeting, shareholders rejected the proposed compensation plan for top executives, including CEO Marc Benioff. The decision followed concerns from advisory groups about stock awards granted to Benioff. Of the votes cast, 339.3 million were…

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