Fed approves quarter-point interest rate cut and sees two more coming this year
WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on ...
Tag: business news
Here’s what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in July.Text removed from ...
Stocks making the biggest moves midday: Lyft, Walmart, Nvidia, Baidu and more
Check out the companies making the biggest moves midday: Lyft — The ride-share stock surged 13%. Riders will be able ...
Sales of heavy trucks are falling like the U.S. is headed for a recession
Data tracking the sales volume of large trucks in the U.S. is flashing a warning sign about the state of ...
Stocks making the biggest moves premarket: Nvidia, Alibaba, Workday, Netflix and more
Check out the companies making headlines before the bell. Nvidia – The artificial intelligence chip darling dropped more than 1% ...
China keeps tight grip on rare earths, costing at least one company ‘millions of euros’
Mineral explorers hoping to meet the growing demand for rare earths are vying for a slice of nearly $1 billion ...
Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture
Federal Reserve Chairman Jerome Powell speaks at Jackson Hole on Aug. 22, 2025 in Wyoming.David A. Grogan | CNBCThe Federal ...
Stocks making the biggest moves midday: Webtoon Entertainment, Steel Dynamics, Hims & Hers and more
Check out the companies making the biggest moves midday: Webtoon Entertainment — Shares rallied 31% after the company reached a ...
Bessent quips about his reported threat to punch Pulte in the face: Treasury secretaries ‘have a history of dueling’
Treasury Secretary Scott Bessent brushed off recent reports of heated arguments inside President Donald Trump's administration, saying disputes were a ...
Workers are ‘hugging’ their jobs. There’s a right and wrong way to do it
Tom Werner | Digitalvision | Getty ImagesWorkers are "hugging" — or, clinging to — their jobs right now.But there's a ...
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