Tag: Breaking News: Markets

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

JPMorgan Chase has introduced a new global position to oversee junior bankers in response to the tragic death of a Bank of America associate, prompting a reevaluation of how young

Shares of United States Steel rose over 3% following news that Nippon Steel’s bid for the company will be reviewed after the November election. General Mills saw a 1% decrease

DoubleLine Capital CEO Jeffrey Gundlach has called for the Federal Reserve to quickly ease policy in response to the current economic slowdown. Gundlach suggested a half-point interest-rate reduction, emphasizing the

U.S. billionaire Ray Dalio recently outlined the top five key factors driving the Global Economy today during his appearance at the Milken Institute’s Asia Summit in Singapore. These factors are

The latest midday trading updates for various companies include notable movements in the stock market. Hewlett Packard Enterprise saw a 6% increase after receiving a buy rating from Bank of

Billionaire investor Steve Cohen is stepping back from active trading at his hedge fund Point72. The influential hedge fund manager, also known as the majority owner of the New York

Alaska Airlines and Hawaiian Airlines have received approval for their $1.9 billion merger from the U.S. Department of Transportation. The merger agreement, which had previously cleared the U.S. Justice Department’s

Apple is currently in talks with JPMorgan Chase to potentially take over its credit card program from Goldman Sachs. The discussions are still in the early stages, with key details

Rep. Patrick McHenry, R-N.C., criticized politicians on Tuesday for publicly discussing the Federal Reserve’s interest rate policy. McHenry, the outgoing chair of the House Financial Services Committee, expressed his dismay