Tag: Breaking news

Federal Reserve Chair Jerome Powell has introduced a new term to describe the Central bank‘s monetary policy, referring to it as a “recalibration” during a crucial moment. Following a recent

The Federal Reserve took action on Wednesday by cutting Interest rates for the first time since the early stages of the Covid pandemic. The half a percentage point reduction in

Federal Reserve Chair Jerome Powell has hinted at an imminent interest rate cut, prompting market speculation on the timing and magnitude of the potential cut. Traders are pricing in a

DirecTV has reached a deal with Disney to bring back Disney’s ESPN and other channels to its customers after a two-week blackout. The agreement comes just in time for college

Pfizer announced positive results from a midstage trial of its experimental drug for cancer cachexia, a condition that causes cancer patients to lose weight and appetite. The drug, ponsegromab, showed

Federal Reserve officials are approaching their policy meeting with Inflation easing but uncertainty remains about the extent of interest rate adjustments. Recent data indicates a significant decrease in price pressures

Moderna announced plans to slash $1.1 billion in expenses by 2027 and introduce new products following a decline in its Covid business. The biotech company aims for 10 new product

Inflation ticked up in July, as indicated by a measure favored by the Federal Reserve ahead of its anticipated interest rate cut – the first in over four years. The

Atlanta Federal Reserve President Raphael Bostic suggested on Wednesday that he is prepared to begin lowering Interest rates despite ongoing Inflation exceeding the Central bank‘s target. Previously considered a more

Job openings reached a 3 1/2 year low in July, according to the latest data from the Labor Department, indicating slack in the labor market. The Job Openings and Labor