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David Tepper says Fed could cut a few more times, but easing too much risks entering 'danger territory'

His comments come after the central bank lowered interest rates by a quarter point Wednesday, while signaling two more reductions are coming this year.

American Express unveils refreshed Platinum card with $895 annual fee, upping the ante in luxury cards

American Express' move highlights an arms race of sorts when it comes to catering to wealthy consumers. JPMorgan and Citi released updated or new cards recently.

Huawei touts 'world’s most powerful' AI chip cluster as Nvidia's China challenges mount

The company said it plans to launch the new supercluster as soon as next year.

Here are five key takeaways from the Fed's big interest rate decision

The Federal Reserve on Wednesday delivered on a widely anticipated quarter percentage point interest rate cut.

Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

The Fed's dot plot, which shows 19 individual members' expectations, indicates a median estimate of 3.4% for the federal funds rate at the end of 2026.

Fed approves quarter-point interest rate cut and sees two more coming this year

The Federal Reserve on Wednesday released its decision on interest rates and updated its economic projections.

New Trump appointee Miran calls for half-point cut in only dissent as rest of Fed bands together

Newly confirmed Federal Reserve Governor Stephen Miran dissented from the central bank's decision.

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 July.

China keeps tight grip on rare earths, costing at least one company 'millions of euros'

The European Chamber of Commerce in China said that after a pickup in rare-earth export license approvals this summer, members have found it harder to get access.

Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture

While the rate decision is fairly pretty much in the bag, what happens from there is anybody's guess.

Bessent quips about his reported threat to punch Pulte in the face: Treasury secretaries 'have a history of dueling'

Bessent's remarks come after recent stories detailed a series of fiery confrontations between him and other Trump allies.

Workers are 'hugging' their jobs. There's a right and wrong way to do it

Workers are clinging to their jobs in a frozen labor market. Career experts and economists discuss the best way to approach a job right now.
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