Economy
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 June. Text removed from the June 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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Fed meeting live updates: Traders wait to see how many central bank members go against Powell
The central bank is expected to keep its target rate at a range of 4.25% to 4.50%, but traders want to see whether any Fed governors go against the decision. Source
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Bessent says ‘not to panic’ over tariff rate surges on Aug. 1
U.S. Treasury Secretary Scott Bessent attends a press conference at government quarters Rosenbad after the trade talks between the U.S. and China concluded, in Stockholm, Sweden, July 29, 2025. Magnus Lejhall | TT | Via Reuters Treasury Secretary Scott Bessent on Wednesday urged corporate America, investors and U.S. trade partners “not to panic” if tariff […]
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Stocks making the biggest moves midday: Harley-Davidson, Wingstop, Sarepta Therapeutics & more
Check out the companies making the biggest moves midday: Harley-Davidson — The motorcycle manufacturer rallied 16% after the company announced a partnership between its financing arm and private asset manager KKR as well as Pimco. “This partnership transforms [Harley-Davidson Financial Services] into a capital-light financing business through the sale of existing and future retail loans […]
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Trump announces 25% tariff on India plus ‘penalty’ for trade with Russia
U.S. President Donald Trump listens as Indian Prime Minister Narendra Modi speaks during a joint press conference in the East Room at the White House on February 13, 2025 in Washington, DC. Alex Wong | Getty Images News | Getty Images President Donald Trump said Wednesday that India will pay a tariff of 25% beginning […]
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Architecture firms report decline in billings for commercial real estate
Two architecture teachers discuss a student’s final project work. Erdark | E+ | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors […]
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U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit
Shipping containers are stacked on the Ever Magic container ship operated by Evergreen at the Port of Los Angeles on June 25, 2025 in Los Angeles, California. Mario Tama | Getty Images The U.S. economy grew at a much better than expected pace in the second quarter, powered by a turnaround in the trade balance […]
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Stocks making the biggest moves premarket: Starbucks, Peloton, Novo Nordisk, Mondelez and more
Check out the companies making headlines before the bell. Starbucks — The coffee chain jumped more than 4% after CEO Brian Niccol said the company’s turnaround plan was ahead of schedule. On top of that, Starbucks reported fiscal third-quarter revenue of $9.5 billion, beating an LSEG consensus estimate of $9.31 billion. HSBC — Shares dipped […]
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Why it appears Washington is becoming friendlier toward crypto ETFs under Trump
ETF Edge Why it appears Washington is becoming friendlier toward crypto ETFs under Trump Published Wed, Jul 30 20257:00 AM EDT Siena Griffin@siena_griffin WATCH LIVE Source
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Euro zone economy ekes out better-than-expected 0.1% growth in second quarter
18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Sina Schuldt/picture alliance via Getty Images) The euro zone economy eked out a better-than-expected 0.1% growth in the second quarter, compared to the previous three-month stretch, flash data from Eurostat showed Wednesday. Economists polled by Reuters had anticipated euro zone growth to flatline […]
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