Markets React Positively To Fed Decision
Markets are screaming their approval of Fed chair, Jerome Powell's 50 basis point interest cut on Wednesday, the Dow and the S&P rising between one and 1.5%.
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Oil Prices Slip As Supply Hopes Offset Middle East Tensions
Oil prices are moving lower as expectations for increased Saudi Arabian supply outweigh fresh attacks by Yemen’s Houthi rebels.
Why Live Sports Have Become Streaming’s Biggest Battleground
Kerry Flynn, Media Reporter at Axios, breaks down streaming’s new alliance, the battle for live sports rights, rising costs and what’s next for media.
How Innovative Eyewear Is Betting Big on AI-Powered Glasses
Harrison Gross, CEO of Innovative Eyewear, on how AI-powered smart glasses are evolving from novelty gadgets into essential everyday tools.
Americans Keep Spending Despite Higher Prices
U.S. consumers came roaring back in August, with retail sales jumping 1.2% after a revised 0.5% decline in July.
Amazon Bets Big On Generac As Data Center Power Demand Soars
Amazon is getting a new way to invest in Generac, securing warrants that could allow it to purchase as much as $340 million of the generator maker’s stock.
Trump Pushes For Ultra-low Rates As Warsh Faces Pressure
President Trump is continuing to push for interest rates of 1% or lower, even as the Federal Reserve moves in the opposite direction.
Wall Street Reacts To The Fed’s New Rate Path
Stocks struggled after the Federal Reserve raised interest rates and signaled that inflation remains a concern for policymakers.
What The Fed’s Rate Hike Means For Your Wallet
The Federal Reserve’s latest rate increase is set to ripple through household finances with borrowing costs likely to rise for credit cards and other variables.
