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Tariffs are an uncertainty but not a worry, railroad operator Norfolk Southern says

Norfolk Southern shares bounced Wednesday, as the railroad operator helped dispel fears about potential tariffs that had caused a selloff in the previous session.

Stocks don’t need another Fed rate cut as much as they need this right now

Wall Street’s new mantra might be that the Federal Reserve should take its time before cutting rates again.

Is Trump’s ‘buyout offer’ to federal workers a good deal? Here are the key questions employees should ask.

With so many unknowns about the offer’s terms, “Overall and generally speaking, no, I don’t see this a good deal,” an attorney told MarketWatch.

Kennedy confuses Medicare, Medicaid in contentious confirmation hearing

In a confirmation hearing for his nomination to head the $1.7 trillion Department of Health and Human Services, Robert F. Kennedy Jr. confused two of the massive healthcare programs he would be overseeing as secretary — Medicare and Medicaid — and insisted he was not anti-vaccine.

Whirlpool swings to a loss and guides for more weakness in 2025, sending stock down

Appliance maker is still working to cut costs and hoping for a recovery in the U.S. housing market.

IBM profits beat expectations, and stock rallies

Shares of International Business Machines Inc. rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations.

Mortgage rates are stuck at 7% as Fed holds steady on interest rates

Bad news for home buyers: Mortgage rates are largely stuck at 7% for the time being.

Will Canada and Mexico tariffs hit? Trump official says they’re avoidable or possibly short term.

President Donald Trump’s nominee for commerce secretary, billionaire financial-services executive Howard Lutnick, made an effort Wednesday to ease concerns about potentially inflationary 25% tariffs against Canada and Mexico that could hit Saturday.

White House revokes memo freezing federal aid. Trump will try to block spending in other ways.

Democrats said the move was an unconstitutional seizure of power over the federal budget and warned of disruptions in funding to local police, domestic violence shelters, food programs and more.

What Fed rate cut? Most Americans say they haven’t felt the impact of the central bank’s policies — especially millennials.

It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the difference.

Fed takes ‘wait and see’ stance in interest-rate outlook

There is so much uncertainty over potential tariffs and fiscal policy, “keeping things steady looks like the prudent move.”

The Fed is getting a warning from another central bank about Trump’s tariff plan

With all eyes on the Federal Reserve’s first policy decision of the new year on Wednesday, it’s the Bank of Canada that might end up making a bigger splash for the day.
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