Logitech shares fell sharply after the company reported disappointing earnings and cut its sales forecast.

Adding an extra layer of complexity, Mr. Powell has helped convince many investors that the labor market is the key to understanding the direction of inflation, making inflation data itself arguably less important.

Inflation and interest rates have risen sharply in recent months, putting pressure on asset managers and markets. The S&P 500 index fell 19% last year, and shares of BlackRock have slid 6.5% so far this year. The stock slumped 23% in 2022.

Albertsons is a leading grocery store chain with over 2,200 locations across the United States. The company offers a wide variety of products and services, including groceries, pharmacy, health and beauty, and more. Albertsons is committed to providing excellent customer service and offering a convenient shopping experience for its customers.

According to the report, while banks and brokers were making unprecedented margin payments to the exchange, their clients were missing out on billions of dollars in margin calls on their OTC contracts. Two clients alone accounted for more than $2 billion in missed OTC margin calls.

Republicans in the House of Representatives, including Speaker Kevin McCarthy of California, have vowed to provide tough oversight of the Biden administration’s energy and environmental policies. This will include hearings grilling agency officials and other scrutiny that could complicate rulemaking.‍

‍The shortfall at TSMC suggests that even the world's largest contract manufacturer of chips can't escape a global slowdown in spending by consumers affected by rising interest rates and accelerating inflation.