Most economists expect the Fed to make a cut of 50 or 75 basis points to the end of January in a data vacuum. And, yes, they are caught between a rock (inflation) and a hard place (the labor market).
As expected, the Federal Reserve proceeded with another interest rate cut of 0.25 percentage points at today’s meeting. This ...
Nvidia crossed a $5 trillion market cap on Wednesday, a new record for a publicly traded company. Investors’ insatiable ...
As the Fed eases its policy, investors are paying close attention to the central bank’s north star for interest rates.
China Petroleum & Chemical Corp. reported a marginal decline in net profit in the third quarter, with revenue weighed by inventory losses due to lower crude oil prices and domestic product sales.
Dow Jones Top Markets Headlines at 9 PM ET: Dow Slips After Powell Dims Hopes for December Rate Cut | Future ... The 10-year Treasury yield logs its biggest one-day gain since July. Chair Jerome ...
Dow Jones Top Company Headlines at 9 PM ET: Microsoft to Double Data Center Footprint in Two Years | Samsung ... The company is seeing more demand for its cloud computing and AI services than it can ...
Starbucks notches surprise same-store sales gain, but Wall Street wants more specifics on the future
Starbucks Corp. on Wednesday put up its first quarterly same-store sales gain in nearly two years, helped by better morning staffing and new protein drinks. But the coffee chain warned its turnaround ...
KLA is one of the largest providers in the world of wafer fabrication equipment for semiconductors, specializing in process control, where we expect its unmatched breadth and depth to defend and ...
Carvana is using Phoenix as its "test market" to expand and refine same-day deliveries, it said. About 40% of customers in the Arizona city get same-day or next-day delivery, compared to about 10% in ...
In one universe live the listed business development companies, or BDCs, which are investment funds that lend to small- and ...
L1 Group was formed through the merger of Platinum Asset Management, a well-known value-focused global equities manager founded in 1994, and L1 Capital, a diversified boutique manager focused on ...
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