On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
The tech industry's need for more power for data centers running artificial intelligence is now so desperate that companies are turning to nuclear disaster sites, despite the potential risks.
Los Angeles Dodgers star Shohei Ohtani made history on Thursday when he became the only player in MLB history to record 50 home runs and 50 stolen bases in a single season. And he did it with a ...
I'm sorry that you lost your wife after such a long stay in the hospital. Having this debt hanging over you only makes a traumatic situation worse. You and your wife are not alone in being uninsured; ...
Many Americans are aware of the Fed's existence, at least: A recent Pew Research Center survey found that 45% have a favorable view of the U.S. central banking system, while 32% have an unfavorable ...
The yield curve inverted in 2022 as the Fed hiked rates and shorter-maturity bonds outearned longer-maturity bonds, but in ...
But some fans see dollar signs above all. Certainly, that appeared to be the case with Cory Youmans, the fan who caught Aaron Judge's 62nd home-run ball in 2022. That historic homer gave the New York ...
We are increasing our fair value estimate for Coinbase to $135 per share from $130, which translates to 33 times our 2024 earnings projection. The bulk of the increase in our fair value estimate comes ...
Sanofi said the Food and Drug Administration has approved Sarclisa as a first line combined treatment option for adult patients with newly diagnosed multiple myeloma who aren't eligible for autologous ...
The purchase of Legg Mason lifted Franklin's AUM closer to $1.5 trillion, hoisting it into the second-largest tier of US-based asset managers, which includes firms like Pimco, Capital Group, and J.P.
In our view, Lennar has a strong balance sheet and plenty of liquidity. At the end of fiscal third quarter 2024, Lennar had more homebuilding segment cash ($4.0 billion) than debt ($2.3 billion).
U.S. stock indexes wobbled Friday but notched gains for the week. The S&P 500 and Dow industrials both closed at record highs Thursday, a delayed response to the Federal Reserve's jumbo rate cut.