Economy
Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture
Key Points The Fed meets with some big items on the agenda: An important rate decision and forecast of what’s ahead, combined with a healthy dose of political intrigue uncommon for central bank policymakers. While the rate decision is fairly pretty much in the bag, what happens from there is anybody’s guess. Markets are betting […]
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Trump pick Stephen Miran confirmed to Federal Reserve Board; will also keep White House job
Stephen Miran, chairman of the Council of Economic Advisers, following a television interview outside the White House in Washington, DC, US, on Tuesday, June 17, 2025. Aaron Schwartz | Bloomberg | Getty Images The Senate on Monday confirmed President Donald Trump’s pick to join the Federal Reserve, Stephen Miran, just one day before the central […]
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Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in July. Text removed from the July statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]
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Stocks making the biggest moves midday: Lyft, Walmart, Nvidia, Baidu and more
Check out the companies making the biggest moves midday: Lyft — The ride-share stock surged 13%. Riders will be able to use the Lyft app to hail robotaxis from Alphabet’s Waymo when service begins next year . Walmart — The retail giant added 2% following a price target lift from Bank of America . Analyst […]
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Stocks making the biggest moves premarket: Nvidia, Alibaba, Workday, Netflix and more
Check out the companies making headlines before the bell: Nvidia — The artificial intelligence chip darling dropped more than 1% after a report by the Financial Times , which cited three people with knowledge of the matter, said China’s internet regulator has banned the biggest tech companies in the country from buying Nvidia’s AI chips. […]
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Three things Britain wants from Trump’s state visit — aside from business deals
Viscount Hood, Lord-in-Waiting, right, greets U.S. President Donald Trump, center, and First Lady Melania Trump as they disembark from Air Force One after arriving at London Stansted Airport in Stansted, UK, on Tuesday, Sept. 16, 2025. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump’s second state visit to the U.K. — and business […]
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Stocks making the biggest moves midday: Webtoon Entertainment, Steel Dynamics, Hims & Hers and more
Check out the companies making the biggest moves midday: Webtoon Entertainment — Shares rallied 31% after the company reached a deal to create a digital comic platform for Disney. Webtoon also agreed to sell a 2% equity stake to the media giant. Emerson Electric — The engineering company fell 4.5%. Its management told a JPMorgan […]
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Workers are ‘hugging’ their jobs. There’s a right way and a wrong way to do it
Key Points “Job hugging” is the dynamic in which workers are clinging to their current roles. Hiring and job creation have slowed, meaning job seekers aren’t finding many new opportunities. Some are fearful about a change given labor market and economic uncertainty. Workers who “hug” their jobs should find ways to stand out, and should […]
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‘Gaza is burning’: Israel launches ground invasion of strip’s largest city
Palestinians watch as the Al-Ghafri tower collapses amid heavy smoke during an Israeli strike in the Rimal neighborhood of Gaza City, on Sept. 15, 2025. Nurphoto | Nurphoto | Getty Images Nearly two years into its retaliatory military offensive in the Gaza Strip, Israel said it has launched a long-studied ground assault on Gaza City. […]
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The UK is about to embrace Trump. The truth is, it needs him right now
U.S. and U.K. banners are installed by engineers from The Flag Consultancy in the street outside Windsor Castle on September 12, 2025 in Windsor, England. U.S. President Donald Trump is making an official state visit to the UK from 17 to 19 September. Leon Neal | Getty Images News | Getty Images The pomp and […]
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