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