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Federal Reserve holds interest rates steady, but trims growth outlook
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
Markets get respite from ‘Trumpcession’ fears as Federal Reserve keeps two interest rate cuts on the table
Markets breathed a sigh of relief on Wednesday after the Federal Reserve kept rates steady as expected but signaled that two cuts remain on the table this year. Stocks jumped after Fed Chair Jerome
Container Store CEO resigns after company emerges from bankruptcy
The Container Store Group CEO has stepped down after the company emerged from bankruptcy. Satish Malhotra has resigned from the Coppell-based company “to pursue other opportunities,” a move effective
7 takeaways from Fed Chairman Jerome Powell's remarks
The second is the post-meeting news conference during which Chairman Jerome Powell explains to reporters and, more important, markets worldwide what it all means. ⏰ Get expert insights and actionable
$3,000 Gold Price: What It Says About Expectations for the Economy
In addition to general economic, political and social uncertainty, people appear to be buying gold because it got over a big round number that added to its momentum, says Brett Fr
PepsiCo buys popular soda brand for $1.65 billion
PepsiCo has agreed to purchase popular prebiotic soda brand Poppi for a net price of $1.65 billion, the beverage company announced Monday. PepsiCo will acquire Poppi for $1.95 billion, including $300
Fed Ups Inflation Forecast And Expects Less Economic Growth, Citing ‘Uncertainty’
The Federal Reserve's quarterly dot plot also revealed how the central bankers expect the U.S. economy to perform this year.
Stocks see best ‘Fed day’ rally since July, thanks to a ‘nonchalant’ Powell performance
The future is certainly uncertain, but Federal Reserve Chair Jerome Powell offered a calm yet nuanced take on the outlook for the U.S. economy and inflation Wednesday — delivering a performance that
Stock market today: Wall Street rises ahead of Fed announcement
U.S. stock indexes are rising Wednesday as Wall Street waits to hear what the Federal Reserve will say in the afternoon about where interest rates may be heading. The S&P 500 was up 0.7% in morning
The Fed Pencils in 2 Rate Cuts. Anything Could Happen.
In other words, the Fed may cut twice, or more or less, or not at all. “It’s really hard to know how this is going to work out,” Fed Chair Jerome Powell said Wednesday. “I
Here’s who should be buying Tesla’s stock right now, and why, says analyst
Tesla shares have lost more than half their value in a span of just three months, and Cantor Fitzgerald now believes there’s 80% upside.
Magnificent 7 Stocks: What Are They and How They Dominate the Market
While all the original FAANG stocks continued to perform well, several other technology-centric, mega-cap stocks have emerged in the 2020s to lead the market to new highs. In 2023, Bank of America
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