Trump calls for Fed to cut rates as economic effects of tariffs start to kick in
Hours after the Federal Reserve maintained its guidance for two interest-rate cuts later this year, President Donald Trump weighed in Wednesday night, calling for rate cuts to accompany his new tariffs.
SailGP, professional sports leagues put women at the fore
Martine Grael, driver of Mubadala Brazil SailGP Team and Andy Maloney, flight controller, during a practice session ahead of the Emirates Dubai Sail Grand Prix presented by P&O Marinas in Dubai, UAE on Friday, November 22, 2024. Courtesy: Ricardo Pinto for SailGP | Handout image supplied by SailGP As women’s sports surge in popularity, professional leagues […]
Suppliers face more dire challenges than automakers amid Trump tariffs
US President Donald Trump arrives to speak about the United States – Mexico – Canada agreement, known as USMCA, during a visit to Dana Incorporated, an auto supplier manufacturer, in Warren, Michigan, January 30, 2020. Saul Loeb | Afp | Getty Images DETROIT — President Donald Trump’s proposed tariffs on goods from Mexico and Canada would hit automotive […]
Stocks see best ‘Fed day’ rally since July, thanks to a ‘nonchalant’ Powell performance
Federal Reserve Chair Jerome Powell’s nuanced take on the economic outlook helped lift stocks on Wednesday.
NBA may bring back NBA Inside Stuff highlight show
Ahmad Rashad and Willow Bay look on during an Inside Stuff Episode taping circa 1993 in Secaucus, New Jersey. Nathaniel S. Butler | National Basketball Association | Getty Images The NBA is quietly preparing to bring back its iconic show “NBA Inside Stuff.” On Monday, the league filed two trademark applications for “NBA Inside Stuff,” […]
Run to the hills! Iron Maiden’s famed tour plane cut up into collectible key chains.
The heavy-metal band found a new way to cash in on its fame — by selling scraps of its Boeing 747 tour plane, “Ed Force One,” as memorabilia.
Boeing shares jump as CFO says plane maker’s cash burn is easing
Boeing workers are pictured exiting a gate below an image of a Boeing 737-800 aircraft as Boeing’s 737 factory teams hold the first day of a “Quality Stand Down” for the 737 program in Renton, Washington on January 25, 2024. Jason Redmond | AFP | Getty Images Boeing‘s cash burn is easing this quarter and […]
There are new fears about Fed firings after FTC dismissals. What analysts are saying.
An action taken late on Tuesday is again raising the question of Trump’s authority to dismiss Fed officials
Tesla’s stock gets its lowest price target from a bull. It still implies 39% upside.
RBC Capital Markets cut Tesla’s expected price mark to $320 from $440 on lower projections for robotaxi and self-driving software.
Investors are on edge about potential changes to the Fed’s balance sheet plan
Financial markets are not just focused on what the Federal Reserve says about the future path of interest rates on Wednesday. The markets are also on alert for changes to the Fed’s ongoing runoff of its balance sheet, known as “quantitative tightening,” or QT.
