Fed holds key rate steady, still sees two more cuts this year
WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ...
Tag: Markets
JetBlue to cut more flights, other costs with break-even 2025 ‘unlikely’ due to weaker travel demand
A JetBlue Airways Airbus A321-231 taxis at San Diego International Airport on March 4, 2025 in San Diego, California.Kevin Carter ...
Nasdaq-traded Chinese herb stock with no revenues rallies 59,000% to top Lululemon in market value
Hong Kong SkylineNikada | E+ | Getty ImagesRegencell Bioscience Holdings, an early-stage, Hong Kong-based bioscience company with no revenue, is ...
Why aren’t Chinese consumers spending enough money?
Customers look at clothes advertising discounts of 80% or 70% in a supermarket in Hangzhou, Zhejiang province, China, on June ...
S.Korean shares close at 3-1/2-year high on AI rally; SK Hynix hits record high
South Korean shares rose on Monday to their highest level in 3-1/2 years, as artificial intelligence firms rallied on policy ...
China’s May retail sales grow at fastest pace since December 2023 as subsidies help boost consumption
Huge waiting lines are seen in front of jewelry retailer stores at Yu Garden in Shanghai, China, on May 17, ...
FIIs dump Rs 4,892 crore worth of equities in June; DIIs step in with Rs 44,000 crore buying
Foreign institutional investors (FIIs) have reversed their bullish stance from May and turned net sellers in Indian equities this month. ...
New ETF gives investors opportunity to act like private equity giant as shift away from public stocks picks up
The S&P 500 is less than 3% from an all-time high. Six of its 11 sectors are within 5% of ...
Power play: Two money managers bet big on uranium, predict long shelf life for gains
The uranium trade's shelf life may last years.According to Sprott Asset Management CEO John Ciampaglia, a "real shift" upward is ...
Shares of scandal-plagued Brazilian meat giant JBS rise 3% in U.S. public debut
The JBS Greeley meatpacking facility in Greeley, Colorado, US, on Friday, Feb. 28, 2025. Chet Strange | Bloomberg | Getty ...
