Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate ...
Tag: Breaking news
Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out
Ali Ghodsi, co-founder and chief executive officer of Databricks Inc., speaks during a Bloomberg Technology television interview in San Francisco ...
Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says
Intel CEO Patrick Gelsinger speaks prior to President Joe Biden's remarks at Intel Ocotillo Campus on March 20, 2024 in ...
RFK Jr. is Trump’s pick to lead HHS — here’s what he could do with that power
Independent presidential candidate Robert F. Kennedy Jr. makes an announcement on the future of his campaign in Phoenix, Arizona, U.S. ...
Watch Fed Chair Powell speak live to business leaders in the Dallas area
Federal Reserve Chair Jerome Powell speaks Thursday to business leaders in the Dallas-Fort Worth area on monetary policy. Powell is ...
Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates
Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in ...
Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but ...
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Artificial intelligence startup Sierra, co-founded by ex-Salesforce co-CEO Bret Taylor, is more than quadrupling its valuation to $4.5 billion in ...
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
SK Hynix logo displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January ...
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The Citibank building in Canada Square at the heart of Canary Wharf financial district in London on May 7, 2024.Mike ...
