Dow finishes week in record territory following Fed’s interest rate cut
Pedestrians walk near the New York Stock Exchange in New York City on Wednesday as the Federal Reserve Board announced its first interest rate cut…
CIBC Says Rate Cut Means Time Has Come to Buy Discount Bank Stocks
Breadcrumb Trail LinksPMN BusinessNow is the time for equity investors to move out of premium-traded Canadian banks and into discounted banks, analysts at Canadian Imperial…
What the Fed’s jumbo rate cut means for European and global markets
The Fed's substantial rate cut could result in a further loosening of global liquidity, prompting a shift in capital across asset classes and stock sectors.…
Why does a US rate cut matter? | Business and Economy
The United States Federal Reserve has cut interest rates for the first time since 2020.It was seen as the clearest signal yet that central banks…
The Fed announces big interest rate cut, the first reduction since 2020
WASHINGTON — The Federal Reserve, hoping to give a strong adrenaline shot to the economy, on Wednesday announced a big half-point reduction in interest rates and…
Federal Reserve expected to cut interest rates for first time since 2020
Jerome Powell, chairman of the Federal Reserve testifies at the Senate Banking, Housing, and Urban Affairs hearing on March 7, 2024. The Fed Board meets…
Boeing freezes hires, weighs furloughs to cut costs in labour strike | Labour Rights News
Boeing is freezing hiring and is weighing temporary furloughs in the coming weeks to manage costs as a strike by more than 30,000 Boeing workers…
Jimmy Haslam Backs New Initiative to Cut Heavy Industry Emissions
Breadcrumb Trail LinksPMN BusinessThe former owner of Pilot is putting $725 million toward decarbonizing natural gas plants, biofuels and power distribution.Author of the article:Bloomberg NewsMichelle…
No Instagram or Netflix in “cut off” village
BBCJohn Bowler has missed hospital appointments because emails have not reached himA deaf cancer patient in a remote village with no internet or mobile phone…
Asian Equities to Gain as Traders Firm on Fed Cut: Markets Wrap
Breadcrumb Trail LinksPMN BusinessStocks in Asia were headed for early gains after a tech rally lifted Wall Street as traders looked beyond elevated core US…
Keir Starmer faces pressure from unions over winter fuel payment cut
PM defends cutting winter fuel paymentsLeaders of two of the biggest unions have added further pressure on the government over its plan to cut winter…
ECB Is Poised to Cut Rates Again in Warm-Up Act for the Fed
Breadcrumb Trail LinksPMN BusinessThe European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as…
ECB rate cut looking more likely as Eurozone growth downwardly revised
Eurozone growth for the second quarter was revised down to 0.2%, marking a slowdown compared to the first quarter. Germany contracted, while Spain saw strong…
Bank of Canada cuts rates, indicates bigger cut possible | Inflation News
Wednesday marked the third consecutive cut, with the central bank citing continued easing in broad inflationary pressures.The Bank of Canada (BoC) has trimmed its key…
Bank of Canada may make bigger cut after GDP data
Breadcrumb Trail LinksNewsEconomyDetails in report hint at a stalling economyPublished Aug 30, 2024 • Last updated 22 minutes ago • 5 minute read You can save…
Dozens injured, power cut as Typhoon Shanshan hits southern Japan | Weather News
Powerful storm with gusts of up to 216km per hour made landfall near Satsumasendai city in southwestern Kyushu.Dozens of people have been injured and power…
What a September Cut Could Mean for the Economy and the Election
Breadcrumb Trail LinksPMN BusinessThe time has come for a rate cut. On today’s Big Take podcast, what that cut could look like — and mean…
Pound soars to 29-month high following Fed rate cut signal at Jackson Hole
The British pound surged to its highest level against the US dollar given the Bank of England's less dovish stance compared to that of the…
Charting the Global Economy: Powell Pivots to September Rate Cut
Breadcrumb Trail LinksPMN BusinessChair Jerome Powell said the time has come for the Federal Reserve to cut its key policy rate, affirming expectations that officials…
Mark Ruffalo: End Gaza war by threatening to cut off weapons for Israel
Throughout his nearly four years in office, President Biden regularly consulted historians to measure his accomplishments against history, and did so again before stepping out…