IMF says Fed should hold interest rates where they are until ‘at least’ end of year
International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during the 2024 CNBC CEO Council Summit in Washington, D.C. on ...
Tag: U.S. Economy
Growth, value stocks could see boost from Russell rebalancing
A bullish move may be ahead for both value and growth in the year's second half.VettaFi's Todd Rosenbluth thinks value ...
Craft cocktails, mountain bikes and art: Walmart’s hometown is booming, and getting more expensive
BENTONVILLE, Ark. — When Gil Curren's family moved into a run-down farmhouse in Walmart's hometown of Bentonville, Arkansas, in 1971, ...
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer's latest beat on ...
Why hundreds of U.S. banks may be at risk of failure
Hundreds of small and regional banks across the U.S. are feeling stressed."You could see some banks either fail or at ...
How working for Big Tech lost ‘dream job’ status
Despite blockbuster earnings from giants such as Alphabet and Microsoft, layoffs continue to ripple through the tech industry.Layoffs.fyi, a platform ...
Watch Fed Chair Powell speak live during a policy forum in Washington
Federal Reserve Chair Jerome Powell speaks Wednesday to the Wilson Center's Washington Forum on the Canadian Economy, in what will ...
China is still years behind the U.S. despite Huawei’s breakthrough chips, Raimondo tells ’60 Minutes’
WASHINGTON, DC - JULY 25: U.S. Secretary of Commerce Gina Raimondo listens as U.S. President Joe Biden participates virtually in ...
China remains crucial for U.S. chipmakers amid rising tensions between the world’s top two economies
US-China chip war graphicWong Yu Liang | Moment | Getty ImagesChina remains an essential market for most American chipmakers despite ...
Poor resale values of EVs threaten adoption, warn some experts
Drivers charge their Teslas in Fountain Valley, California, on March 20, 2024.Jeff Gritchen | Medianews Group | Getty ImagesA car ...
