The US Fed cut interest rates by more than expected. So what? | Business and Economy News
The bigger-than-expected cut in interest rates by the United States Federal Reserve may have sent the stock market cheering, but its impact on the economy,…
The bigger-than-expected cut in interest rates by the United States Federal Reserve may have sent the stock market cheering, but its impact on the economy,…
We dive into the global housing crisis and explore how young people are finding creative ways to build community.As housing prices soar globally, more people…
Policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this yearThe United States Federal Reserve has…
Rupert Murdoch’s proposed amendment would reportedly block any interference by three of his oldest son Lachlan’s siblings, who are more politically moderate.A battle over control…
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…
Boeing’s management will likely need to access new sources of liquidity in the event of a prolonged strike.Fitch Ratings and Moody’s have joined S&P Global…
A group of automakers says the bill makes fewer vehicles eligible for the tax credits.The United States House of Representatives has narrowly voted to approve…
Boeing’s United States West Coast factory workers stood in long lines to vote on Thursday on a much-criticised new contract, some loudly calling for a…
Investors are scrambling to shift their positioning following the closely-watched debate between US Republican Donald Trump and Democratic Vice President Kamala Harris, as betting markets…
European Commission directed Apple to pay billions in back taxes, an order upheld by the EU’s top court.European Union antitrust chief Margrethe Vestager has scored…
Apple has unveiled its artificial intelligence-boosted iPhone 16, showing off the long-awaited phone hours after Chinese rival Huawei’s tri-fold phone began racking up orders. “The…
Harris’s proposal for a lower tax rate than the one laid out by Biden suggests she wants to appeal to a broader base of voters.Democratic…
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…
Ottawa to work with allies to ensure customers around the world are not unfairly penalised by nonmarket practices of countries such as China, PM Trudeau…
The union representing workers at the Canadian National Railway (CN) says they will strike next week, in a new threat to the economy after promising…
Fast rise in prices led the Fed to increase its benchmark policy rate from near zero to the highest range in a quarter of a century.United…
Economists are divided on the extent of the rate cuts that the US Federal Reserve should undertake this year in light of the latest employment…
The stock is seen by some retail traders as a bet on whether Trump would win a second term as US president.Shares of Trump Media…
EU changes its punitive duties on imports of Chinese-made EVs, including those made in joint ventures with EU firms.The European Union has slashed its planned…
As Democratic presidential nominee Kamala Harris overtakes her Republican opponent Donald Trump in opinion polls – she is now leading in five crucial swing states –…