This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in December. Text removed from the December 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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Check out some of the companies making the biggest moves midday: Intel – The chipmaker climbed more than 11%, boosted by a report from DigiTimes saying Nvidia will shift chip production from Taiwan Semiconductor Manufacturing to Intel in 2028. Taiwan Semi added 1%. ASML — U.S.-listed shares of the semiconductor equipment maker fell more than […]
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Key Points JPMorgan Chase and Bank of America said Wednesday in separate announcements that the firms will match the U.S. government’s one-time $1,000 contribution to new children’s retirement savings accounts for eligible employees, the latest financial firm to announce such a measure. The so-called “Trump accounts” are part of a pilot program that deposits $1,000 […]
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