Stock Market Today: Stocks tumble on 'hawkish' Fed rate cut
Markets expect the Fed to deliver its third consecutive rate cut later today in Washington but are divided about the central bank's path in 2025.
Markets expect the Fed to deliver its third consecutive rate cut later today in Washington but are divided about the central bank's path in 2025.
Looking for the best money market account interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a money market account.
A few years ago, the cloud transformed how companies use software. The shift moved users from purchasing licenses to subscribing to services, giving rise to the cloud-based software-as-a-service model. Now, we’re witnessing another major shift in the software landscape — the rise of generative AI technology. It’s making waves, and it remains to be seen exactly how they’ll crash ashore. One thing has become clear – the changes in the software industry are creating opportunities for investors. Cov
By adding Direct Line, a top-five competitor in its own right, Aviva’s lead would widen substantially.
European automakers should beware—the world’s largest producer of plug-in cars is Chinese and has plans for European electric domination.
The partnership with VusionGroup will equip the grocer’s stores with new ESLs and inventory management tools.
(Bloomberg) -- After a dismal year, shares of Europe’s automakers are finally finding some positive momentum as signs of additional Chinese stimulus draw investors to the sector’s lowly valuations.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousThe Stoxx 600 Autos and Parts Index is up more than 4% in December, set for its best month since February, though is still down the most of any sector in the broader benchmark year-to-date. Even after the recent gain
The Dow Jones Industrial Average has fallen for nine straight trading sessions, marking its worst losing streak since 1978.
The S&P 500 slid 0.4% on Tuesday, Sept. 17, as stocks faltered ahead of Wednesday's Federal Reserve's interest rate announcement.
(Bloomberg) -- There is arguably no leader in all of Europe who’s more chummy, or ideologically aligned, with Donald Trump than Hungary’s Viktor Orban.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousWhich goes a long way to explaining why at a time when the mood is markedly glum across European financial markets, there is a sense of optimism in Budapest. Here, investors aren’t fretting so much about the prospect of new Trump tariffs or NATO-funding feuds —