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Powell tells ’60 Minutes’ the economy’s strength allows Fed to be careful about rate cuts

Federal Reserve Chairman Jerome Powell on Sunday said that the strength of the economy allows the Fed to be “careful” in deciding when to cut interest rates.

Trump threatens tariffs exceeding 60% against Chinese goods

Donald Trump plans to restart a trade war with China if elected to a second term, saying Sunday he would impose tariffs on Chinese goods that could exceed 60%.

Some board members felt pressured to take drugs with Elon Musk, WSJ reports

Some Tesla Inc. board members felt pressured to take drugs with Chief Executive Elon Musk for risk of upsetting him if they did not partake, the Wall Street Journal reported Sunday.

Stock-market investors fear ‘no-landing’ economy could spell trouble. What’s next.

While the stock market has been pricing in a “soft-landing” scenario, a blowout jobs report, relatively strong corporate earnings, and Federal Reserve Jerome Powell’s recent comment may point to the possibility of “no landing,” where the economy is resilient while inflation stays above-trend.

Fourth-quarter earnings are almost halfway done. Results overall have gotten better.

With the U.S. fourth-quarter earnings reporting season almost halfway through, the financial industry is fretting over souring consumer credit.

How those strong jobs figures could weaken Biden’s re-election prospects

The data suggest not one but two risks that could give the White House headaches in the months leading up to November.

Just in time for the Grammy Awards, here’s a whiskey from country star Chris Stapleton

The artist, who has three nominations this year, partnered with Buffalo Trace Distillery on Traveller Whiskey

I’m 73 and took my first RMD. Can I rollover my IRA to my 401(k)?

“Can I still continue contributing to my IRA this 2024? Is this allowed by the IRS?”

One year after Norfolk Southern’s East Palestine derailment, rail safety is still in the spotlight

The shockwaves from last February’s derailment of a freight train train carrying hazardous materials continue to reverberate.

Paytm troubles send One 97’s stock plunging, prompting analyst’s ‘sell’ call

One 97 Communications’s stock continued to plunge after a bank used the company’s popular Paytm mobile-payments service was effectively shutdown by bank regulators.

Why Spectrum parent Charter’s stock just had the worst day in its history

Charter shares suffered their worst one-day drop on record Friday as the company’s earnings illustrated continued pressures in cable.

Mark Zuckerberg could pay millions to the IRS on Meta dividends. He still might be getting ‘a major break’.

Mark Zuckerberg delighted Meta shareholders and Wall Street with the social media giant’s first-ever dividend. The IRS may also be happy, now that it’s staring at millions in taxes on the Meta stock dividends bound for Zuckerberg’s portfolio.
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