Fed leaves policy rate outlook unchanged amid projected growth slowdown, temporary inflation jump
WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they still ...
Tag: slowdown
German auto woes deepen: Audi to cut 7,500 jobs by 2029 amid rising Chinese competition and EV slowdown
Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense challenges" as the country's ...
US stocks open higher but indexes on track for weekly losses amid slowdown fears
U.S. stocks rebounded on Friday, but all three main indexes were on track for weekly declines following a selloff earlier ...
Italy’s UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat
Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, but guided a slight slowdown in 2025 revenues amid ...
Samsung flags chip slowdown as profit drops sharply from previous quarter
Photo illustration showing the Samsung Group company logo displayed on a smartphone screen.Sopa Images | Lightrocket | Getty ImagesSamsung Electronics ...
China’s Xi Jinping asked ‘What’s so bad about deflation?’ amid economic slowdown, report says
"Don’t people like it when things are cheaper?" Chinese President Xi Jinping reportedly asked his advisers. Read More
Digital health companies got pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown
Doximity at the New York Stock Exchange for their IPO, June 24, 2021.Source: NYSEIf the Covid era marked a boom ...
Battery giant Northvolt to lay off staff in huge cost-cutting drive amid EV market slowdown
A Northvolt building in Sweden, photographed in February 2022.Mikael Sjoberg | Bloomberg | Getty ImagesNorthvolt, a key battery producer for ...
UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
Sergio Ermotti, chief executive officer of UBS GroupStefan Wermuth | Bloomberg | Getty ImagesZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti ...
Nvidia shows no signs of AI slowdown after over 400% increase in data center business
Nvidia's historic rally is being driven by its data center business, which grew at a whopping 427% in the latest ...
