(Reuters) – Walmart-owned Sam’s Club said on Tuesday it would raise average hourly wages for nearly 100,000 of its workers, as part of a new
Day: September 17, 2024
Over-priced Fed rate cuts make T-bills unattractive, Federated Hermes says
By Alun John LONDON (Reuters) – Market expectations of substantial U.S. rate cuts this year are making short-dated debt unattractive as the Federal Reserve is
Intel’s Amazon chip deal lifts investor confidence in money-losing foundry unit
(Reuters) – Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon’s cloud business provided a major stamp of approval
Sahm rule creator sees 50-bps Fed rate cut on labor market worries
By Bansari Mayur Kamdar (Reuters) – The U.S. economy is not in a recession but labor-market weakness might worry the Federal Reserve enough to cut