UncategorizedFed cuts by a quarter point, indicates fewer reductions ahead fwadmin / December 19, 2024 The Federal Reserve on Wednesday announced its decision on interest rates.
UncategorizedWhy the stock market was so disappointed by the Fed Wednesday fwadmin / December 19, 2024 Investors were more concerned with what the Fed projected in its forecast for 2025 than they were heartened by the December cut.
UncategorizedTrump joins Elon Musk in opposing House GOP’s government funding bill fwadmin / December 19, 2024 President-elect Donald Trump came out against a government funding bill backed by Republican House Speaker Mike Johnson.
UncategorizedExpectations on Fed cuts were the lethal blow to markets fwadmin / December 19, 2024 Wednesday’s dramatic sell-off in markets is a stark reminder that forecasts influence stock movements much more than current circumstances.
UncategorizedChinese self-driving trucking company pivots to generative AI for video games fwadmin / December 19, 2024 Chinese autonomous trucking company TuSimple has rebranded to CreateAI, with a focus on video games and animation, the company announced Thursday.
UncategorizedTexas billionaires made a $200 million bet on a college football ‘laughingstock.’ It’s paying off with a championship run fwadmin / December 19, 2024 The support of the deep-pocketed donors has quickly launched the program from mediocrity to national relevance.
UncategorizedLeaked university emails show ivy leagues accepted wealthy students who ‘we would really not have otherwise admitted’, lawsuit says fwadmin / December 19, 2024 The final line of an email read: “Sure hope the wealthy next year raise a few more smart kids!”
UncategorizedBillionaire Justin Sun allegedly pushed CoinDesk’s new owners to remove banana article, editorial chair Matt Murray resigns fwadmin / December 19, 2024 The crypto exchange Bullish purchased CoinDesk in late 2023 for close to $75 million.
UncategorizedFed’s higher inflation forecast and rate projections rattle the stock market fwadmin / December 19, 2024 BlackRock chief investment officer Rick Rieder calls it a “new phase” of the rate-cutting cycle.
UncategorizedSenior Tory urges Elon Musk not to back Reform UK fwadmin / December 19, 2024 Andrew Griffith showers praise on Tesla billionaire before asking him to also consider the Conservatives