Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
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ASX Lunch Wrap: Bargain hunters swoop in; Does CPI make RBA rate cut a lock?
Tech stocks help ASX bounce back, Aussie CPI drops to 2.4pc to spark rate cut hopes and wine exports soar ... Read More The ...
BoC Governor Macklem: Tariffs threat weighed on the bank's decision
The central bank lowered its key policy rate to 3.25% in response to slowing economic growth. Governor Tiff Macklem signaled ...
Luxury CEO sounds the alarm on a growing problem
Consumers tell us their budgets are being stretched,” CEO Brian Cornell said during a recent earnings call. “They’re becoming ...
Forecasts for December PCE Report Show Continued Improvement on Core Inflation
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
Fed day: Vigorous defense of independence while standing pat
The central bank will stand pat after reducing rates by 100 bp over the past several months. After straying, the market has once again converged with the Fed's guidance and has nearly two cuts ...