Fed officials were divided on whether to cut rates by half a point in September, minutes show
WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to ...
Tag: Breaking news
Tesla stock slips after EV maker misses estimates on deliveries
Tesla posted its third-quarter vehicle production and deliveries report on Wednesday. The stock fell as much as 3.7% after the report.Here ...
Watch Fed Chair Jerome Powell speak live on economy, policy views
Federal Reserve Chair Jerome Powell is set to speak Monday to the National Association for Business Economists during the organization's ...
OpenAI CFO tells investors funding round should close by next week despite executive departures
OpenAI's Sora AI tool allows users to create AI-generated videos from text-based inputs.Costfoto | Nurphoto | Getty ImagesOpenAI CFO Sarah ...
FDA approves Bristol Myers Squibb’s schizophrenia drug, the first new type of treatment in decades
Bristol Myers Squibb's Cobenfy drugCourtesy: Bristol Myers SquibbThe Food and Drug Administration on Thursday approved Bristol Myers Squibb's highly anticipated ...
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate ...
Middle Eastern funds are plowing billions of dollars into hottest AI start-ups
Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley's artificial intelligence darlings.Oil-rich nations ...
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week's meeting because ...
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid ...
Pfizer says its experimental drug for deadly condition that causes appetite and weight loss in cancer patients shows positive trial results
Pfizer's experimental drug for a common, life-threatening condition that causes cancer patients to lose their appetite and weight showed positive ...
