Markets are counting on the Fed to head off recession with sizable interest rate cuts
Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference following a Federal Open Market ...
Tag: cuts
Rivian tops Wall Street’s second-quarter expectations amid cost cuts
Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel ...
San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
Mary Daly, president of the Federal Reserve Bank of San Francisco, during the National Association of Business Economics (NABE) economic ...
Southwest Airlines cuts revenue forecast, blaming changing booking patterns
A Southwest Airlines jet is parked Ellison Onizuka Kona International Airport at Kehole awaiting passengers on January 20, 2024 in ...
Federal Reserve is likely to scale back plans for rate cuts because of persistent inflation
Federal Reserve officials on Wednesday will likely make official what's been clear for many weeks: With inflation sticking at a ...
Chris Wood of Jefferies cuts stake in 3 PSU stocks as PM Modi faces coalition challenge
Questioning whether Prime Minister Narendra Modi can operate effectively in a coalition government in his third term, Chris Wood of ...
ECB jumps ahead of Fed, cuts interest rate by 25 bps for first time since 2019
The European Central Bank cut its key interest rate Thursday by a quarter point, moving ahead of the U.S. Federal ...
Fintech firm Nium cuts valuation by 30% in new funding round, eyes 2025 IPO
Westend61 | Westend61 | Getty ImagesAMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in ...
Google cuts at least 100 jobs across fast-growing cloud unit, sources say
Thomas Kurian, CEO of Google Cloud, speaks at a cloud-computing conference held by the company in 2019.Michael Short | Bloomberg ...
American Airlines cuts outlook, says chief commercial officer is leaving
American Airlines passenger jets are lined up at the gates at Ronald Reagan Washington National Airport in Arlington, Virginia, on ...
