Powell reinforces position that the Fed is not ready to start cutting interest rates
Federal Reserve Chair Jerome Powell on Wednesday reiterated that he expects interest rates to start coming down this year, but ...
Tag: cutting
Novo Nordisk’s Wegovy wins FDA approval for cutting heart disease risks, in move that could expand insurance coverage
Injection pens of Novo Nordisk's weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023.Victoria ...
Powell says the Fed is ‘not far’ from the point of cutting interest rates
Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Semiannual Monetary ...
Sony to release a ‘Pro’ version of the PlayStation 5 this year after cutting outlook, analysts say
Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023.Thiago Prudencio | Lightrocket ...
Fed’s Kashkari backs sentiment that policymakers can take their time cutting interest rates
Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, during an interview in New York on Nov. ...
Cisco says it’s cutting 5% of global workforce, amounting to over 4,000 jobs
Chuck Robbins, Cisco CEO & Chairman, at the WEF in Davos, Switzerland on May 25th, 2022.Adam Galica | CNBCCisco announced plans ...
Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting
Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net ...
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
Jane Fraser, Citi, at WEF, Davos, Jan. 17, 2023.Adam Galica | CNBCCitigroup said it was cutting 10% of its workforce ...
ITC’s largest shareholder open to cutting stake after stock doubles in 2 years
Sitting on a debt pile of nearly £40 billion at last count, London-based British American Tobacco (BAT) has sparked speculation ...
Foreign investors cutting bearish bets driving Nifty rally
Mumbai: The surge in Nifty in the past month has been fuelled by the squaring up of bearish bets by ...
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