Fed cuts rates by a half point at September 2024 meeting
From CNBC: 2024-09-18 15:23:30 The Federal Reserve cut interest rates by half a percentage point due to softening jobs and
Category: Finance
The Fed forecasts lowering rates by another half point before the year is out
From CNBC: 2024-09-18 14:59:45 The Federal Reserve plans to lower interest rates by another half point by the end of
JPMorgan investment bank creates new role overseeing junior bankers
From NBCUniversal: 2024-09-18 10:54:02 JPMorgan Chase creates new global role to oversee junior bankers following the death of a Bank
Point72’s Steve Cohen is stepping back from trading his own book
From CNBC: 2024-09-17 17:36:12 Billionaire investor Steve Cohen is stepping away from trading at his hedge fund Point72 to focus
The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect
From CNBC: 2024-09-17 15:55:52 Federal Reserve Chairman Jerome Powell faces an unusual level of uncertainty at the latest meeting of
JPMorgan Chase in talks with Apple to take card from Goldman Sachs
From CNBC: 2024-09-17 15:05:06 Apple is in talks with JPMorgan Chase to transfer their credit card program from Goldman Sachs.
Lawmakers are ‘demeaning their role’ by trying to influence the Fed
From CNBC: 2024-09-17 13:37:53 Rep. Patrick McHenry criticizes politicians for publicly pressuring the Federal Reserve on interest rate policy. As
Planning to delay retirement may not rescue you from poor savings
From CNBC: 2024-09-17 13:20:08 A new CNBC and SurveyMonkey survey reveals 27% of workers plan to work in retirement to
Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger
From CNBC: 2024-09-17 12:57:43 Latinas in the US made significant economic contributions, contributing $1.3 trillion to the GDP in 2021,
FDIC rule would make banks keep fintech customer data after Synapse debacle
From CNBC: 2024-09-17 10:52:15 The FDIC proposed a new rule requiring banks to keep detailed records for customers of fintech
401(k)-to-IRA rollovers have a ‘billion-dollar blind spot’: Vanguard
From CNBC: 2024-09-16 13:57:04 Many investors make a costly mistake when rolling their money from a 401(k) plan to an
China’s local government debt problems are a hidden drag on economic growth
From CNBC: 2024-09-15 22:45:41 Local governments in China are feeling the impact of a consumption slowdown due to the real
Why stocks drop in September — and many investors shouldn’t care
From CNBC: 2024-09-13 14:11:24 Historically, September has been unkind to stock investors. Since 1926, U.S. large-cap stocks have lost an
Hedge fund billionaire and Trump donor John Paulson says market would ‘crash’ under Harris tax plans
From CNBC: 2024-09-13 12:28:38 Hedge fund billionaire John Paulson warns of potential market crash and recession if Kamala Harris’ tax
Fed will ease slowly as there is ‘still work to do’ on inflation: Fitch
From CNBC: 2024-09-12 20:39:08 Fitch predicts the U.S. Federal Reserve will cut rates by a total of 250 basis points
China’s plan to boost consumption by encouraging trade-ins has yet to show results
From CNBC: 2024-09-12 19:10:43 China’s plan to boost consumption through trade-ins has yet to yield significant results. The government allocated
Stocks making the biggest moves after hours: ADBE, RH, ORCL
From CNBC: 2024-09-12 17:29:25 Adobe shares dropped over 10% after issuing soft guidance, with a fourth-quarter revenue forecast of $5.50
Here’s the deflation breakdown for August 2024 — in one chart
From CNBC: 2024-09-12 12:21:47 Inflation in August reached its lowest level since February 2021, indicating disinflation in the U.S. economy
Bullish case for Big Tech during historically volatile month
From CNBC: 2024-09-11 19:00:01 September has been a volatile month for Big Tech trades, but the AB US Low Volatility
Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
From CNBC: 2024-09-11 08:26:21 Warren Buffett’s Berkshire Hathaway sells off more Bank of America shares, bringing total sales to over
Here’s why September and October are historically weak for stocks
From CNBC: 2024-09-11 06:55:13 Historically, September and October have been weak months for stocks due to a variety of reasons.
China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China
From CNBC: 2024-09-11 04:51:47 At the HICOOL Global Entrepreneur Summit, Kai-Fu Lee discussed the development of Chinese AI models, which
JPMorgan Chase shares drop 7% after bank tempers guidance on interest income and expenses
From CNBC: 2024-09-10 12:45:40 JPMorgan Chase shares dropped 7% after bank president Daniel Pinto warned that expectations for net interest
Federal Reserve unveils new banking regulation in Wall Street victory
From CNBC: 2024-09-10 10:38:59 Federal Reserve Board Vice Chair for Supervision Michael S. Barr testifies at a Senate Banking, Housing
It’s not always ‘a sexy thing’ to be a millionaire: Brandon Copeland
From CNBC: 2024-09-10 10:02:29 it and they make money off of your money. So you’re not making any money off