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Fed expected to cut rates for first time in 2025 amid Trump pressure
Fed policymakers expected to cut benchmark interest rate by 25 basis points amid labor market weakness and inflation rising further above the central bank's 2% target.
The hurdles are low for another 10% gain for the S&P 500, says this Wall Street veteran
Count on earnings and the economy to keep stocks afloat, says Jonathan Golub, chief equity strategist at Seaport Research Partners.
Oracle stock jumps as US, China agree to preliminary TikTok deal
Oracle (ORCL) stock rose as much as 5% on Tuesday as the US and China reached a preliminary TikTok deal during trade talks in Madrid. Treasury Secretary Scott Bessent said at a press conference
Tesla Faces US Auto Safety Investigation Over Door Handles
US auto safety regulators opened an investigation into whether some Tesla Inc. vehicle doors are defective, citing incidents in which exterior handles stopped working and trapped children inside.
Market Basket appoints interim CEO to replace Arthur T. Demoulas
Interim CEO Don Mulligan was one of the Market Basket executives who stood by Arthur T. Demoulas during the infamous 2014 power struggle. The post Market Basket appoints interim CEO to replace Arthur
The Federal Reserve Meeting Starts Today—What You Need to Know
Key Takeaways The Federal Reserve's two-day policy-setting meeting begins Tuesday.Investors widely expect the central bank to cut its influential interest rate. However, members of the policy
This hedge fund smells blood in the water and is launching a short-selling strategy to capitalize
Little Harbor Advisors is launching a multi-manager short strategy fund to protect investors in the event of a pronounced market correction.
Wall Street drifts around its record heights
U.S. stocks are hanging around their record heights on Tuesday as the countdown ticks toward what Wall Street expects will be the first cut of the year to interest rates by the Federal Reserve. The
More employers fire workers over Kirk posts as pressure from right mounts
Actions by employers have stirred a debate over employees’ speech rights, the role of pressure campaigns and what is appropriate public debate after an violent event.
Against the odds, Americans are still spending
Americans still opened their wallets last month, despite persistent fears about the economy, a slowing labor market and higher tariffs.
Fund managers are ramping up on stocks — and finding them overvalued
Fund managers are not letting price get in the way of loading up on stocks. Bank of America’s long-running monthly fund manager survey found the percentage of investors in September who were
Nvidia violated antimonopoly laws, China says
China accused Nvidia on Monday of violating the country’s antimonopoly laws and said it would step up scrutiny of the world’s leading chipmaker, escalating tensions with Washington as the two
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