US inflation data cemented big cut for one Fed official, dissent for another
Daily Trader Insights By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials, in their first public comments since the...
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Boeing furloughs begin on Friday for thousands in Pacific Northwest
(Reuters) – Boeing said furloughs began on Friday for thousands of employees in Washington State...
US homebuilder stocks surge on hopes for demand boost after Fed rate cuts
(Reuters) – Shares of major U.S. homebuilders surged in premarket trade on Thursday, buoyed by...
Trump Media shares face potential sell-off as insider selling restrictions lift
By Medha Singh and Noel Randewich (Reuters) – While former U.S. President Donald Trump has...
Google wins EU antitrust fine fight but setback for Qualcomm
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet unit Google won a legal challenge on Wednesday...
Instant view: Fed slashes rates 50 bp in first easing since pandemic hit
(Reuters) – The Federal Reserve cut interest rates by half of a percentage point on...
Teamsters will not endorse any US presidential candidate in 2024
WASHINGTON (Reuters) – The Teamsters union’s executive board said Wednesday the union will not endorse...
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...
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...
Boeing imposes hiring freeze, takes steps to conserve cash after strike starts
WASHINGTON (Reuters) – Boeing is pausing hiring and taking sweeping steps to conserve cash after...