The Fed just announced a jumbo-sized interest rate cut
CNN
The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020.
The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The bold, but not unexpected, half-point move paves the way for lower borrowing costs on everything from mortgages to credit cards. It marks a crucial milestone for the central bank’s historic inflation fight, which kept rates at a bruising 23-year high for more than a year.
Ticket prices for the highly anticipated 4 Nations Face-Off Championship between Canada and the United States are rivaling those of the Super Bowl.
KFC, the fast food chain formerly known as Kentucky Fried Chicken, is leaving the state where it all began.
Federal layoffs may soon come for America’s largest mortgage insurer, a powerful engine of the country’s housing market.
The crash landing of Delta Air Lines flight 4819 in Toronto is some of the scariest video I’ve ever seen. While thankfully there were no fatalities, videos like that are the stuff that nightmares are made of.
President Donald Trump said on Tuesday that he plans to impose tariffs of around 25% on auto imports as well as semiconductors and pharmaceuticals shipped to the United States as early as April 2.
HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of the Asia-focused bank to boost returns.
President Donald Trump said on Tuesday that he plans to impose tariffs of around 25% on auto imports as well as semiconductors and pharmaceuticals shipped to the United States as early as April 2.
Regional jets are despised by many passengers. They’re uncomfortable and cramped, with little space for both carry-on luggage and people. The good news is their use is on the decline, but the bad news is, for many routes, there’s no choice but to fly them.
The Department of Government Efficiency (DOGE) — the special entity created by President Donald Trump and run by Elon Musk to bring about greater “governmental efficiency and productivity” — has been pressing for authorized access to IRS data systems right in the middle of tax-filing season.
xAI on Monday unveiled its updated Grok 3 artificial intelligence model, as the Elon Musk-led startup works to keep pace with the reasoning and search capabilities in competitors’ models.
Nike is in a slump. Sales are down, its stock has lost more than a quarter of its value over the past year and its new CEO needs some help turning around the aging athletic company. Enter Kim Kardashian.
Poppi and Olipop, watch out: Coca-Cola is entering the “better for you” soda category with a response of its own.
The White House has ordered thousands of government web pages to be taken down over the past month, leaving virtually no trace of some federal agencies’ policies regarding critical topics such as sexual orientation, January 6 cases and discrimination.