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Economy
Key Fed inflation gauge at 2.2% in August, lower than expected
Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce…
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Finance
OpenAI CFO tells investors funding round should close by next week despite executive departures
OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs. Costfoto | Nurphoto | Getty Images OpenAI…
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Finance
Stocks making the biggest moves after hours: Micron Technology, H.B. Fuller and more
Check out the companies making headlines after the bell : Micron Technology — The semiconductor manufacturer soared 13% after issuing…
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Finance
Stocks making the biggest moves midday: Flutter Entertainment, Hewlett Packard Enterprise and more
Check out the companies making headlines in midday trading: Flutter Entertainment — The sports betting stock rose more than 5%…
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Finance
Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation
US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on…
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Finance
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate…
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Finance
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because…
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Economy
The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…
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Finance
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…
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Finance
Stocks making the biggest moves premarket: Boeing, Oracle, Moderna and more
Check out the companies making headlines before the bell: Boeing — The stock sank 4% after Boeing factory workers went…
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