News

Fed Governor Waller urges caution for now, says rate cuts possible later in the year

Waller said in a CNBC interview that recent developments require a more conservative approach.

Copper joins gold in broad commodities sell-off. There's a worrying reason behind it

After major rallies, metals were under pressure on Thursday as rising oil prices increased both inflation and growth worries.

OpenClaw demand in China is driving up the price of used MacBooks

People in China are rushing to buy preowned computers to try OpenClaw with demand for MacBooks particularly high, according to one reseller.

Here are the five key takeaways from this week's Fed meeting

While no one expected the Fed to cut — much less hike — at this meeting, the market always looks for clues about what's next.

Fed votes to hold rates steady, notes 'uncertain' impacts from Iran war

The Federal Reserve on Wednesday released its decision in interest rates.

Fed still expects to cut rates once this year despite spiking oil prices

The central bank's so-called dot plot showed a median estimate of 3.4% for the federal funds rate, the same as at the end of last year.

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in January.

JPMorgan Chase taps Dwyane Wade, Tom Brady for new athlete wealth management push

JPMorgan's move reflects growing competition among banks and wealth managers to serve athletes, who are increasingly becoming entrepreneurs and investors.

Expectations for the next Fed rate cut get pushed back after hot inflation report

Futures markets took any realistic chance of a cut off the table until at least December.

The Fed issues its latest interest rate decision Wednesday. Here's what to expect

The Federal Reserve has little choice but to stay on the sidelines this week.

Orlando Bravo pushes back on private markets criticism: 'Everybody's extremely comfortable'

Bravo said deep sector expertise is separating winners from losers as artificial intelligence creates disruption across the software industry.

Mastercard says it's acquiring stablecoin startup BVNK in $1.8 billion bet on future of payments

Stablecoin startups have been a hot commodity since the reelection of President Donald Trump in late 2024 ushered in a new era of crypto-friendly regulation.
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