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Asian shares are mixed after US stocks fall on weakened hopes for a September interest rate cut
Asian shares were mixed on Thursday after most U.S. stocks slipped, as doubts rose on Wall Street about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by September.
Why is Meta’s stock soaring after earnings? It’s about far more than the numbers.
Meta’s heavy AI spending is boosting ad revenue — and the company is only getting more profitable in the process.
Microsoft Stock Surges 7% After Earnings. Here Are the Numbers That Blew Investors Away.
Microsoft stock surged on better-than-expected financial results for its latest quarter and strong guidance, putting the tech giant on track to hit a $4 trillion market cap. The beat was driven in
Federal Reserve votes on interest rates
The Federal Funds Rate is the price the Fed charges U.S. banks to borrow money overnight. This sets short-term benchmark interest rat
Ford said it expects Trump's tariffs to set it back $2 billion and hand Japanese automakers a 'meaningful' edge
Jim Farley, Ford's CEO, said a Toyota 4Runner made in Japan could cost $10,000 less than a Ford Bronco made in Michigan.
Powell Bucks Pressure, Dissents in Showing Resolve on Inflation
Federal Reserve Chair Jerome Powell shrugged off pressure from the White House and rejected arguments for an interest-rate cut from two dissenting officials, maintaining that the central bank needed
Global Trade Raised Living Standards for Millions. New Barriers Are Reversing the Trend.
In Indonesia and elsewhere, export manufacturing helped narrow the wealth gap with the West, creating a consumer class, but that transformation has stalled.
Costco has a major credit card problem
The warehouse club used to have one of the best credit cards on the market. Many believe that's not the case anymore.
GDP surged in the second quarter after sliding earlier this year
The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
Meta beats Q2 expectations, stock jumps on better-than-anticipated Q3 outlook
Facebook parent Meta (META) reported its second quarter earnings on Wednesday, outperforming expectations and offering a better-than-expected outlook for Q3. The company says it anticipated between
Trump to penalize India for buying Russian oil. Here’s how much it purchases.
U.S. President Donald Trump’s latest salvo in his trade battles has targeted India, including that country’s reliance on Russian crude oil. So what’s the actual extent of India’s reliance on Russian
Powell’s Gamble: That the Economy Will Reveal Its True Self in the Next Two Months
Fed Chair Jerome Powell is keeping his options wide open for the September meeting, promising little while ruling out nothing.
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