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WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to get, ultimately deciding on a half percentage point move in an effort to balance confidence on inflation with worries over the labor market, according to minutes released Wednesday.The meeting summary…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 rose to a new record high Wednesday. There was no specific catalyst for the move,…
Ratan Tata, the former Tata Group chairman, has died at the age of 86, according to a statement from the Indian conglomerate. “It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the…
This article was written byFollowRussell Investments is a leading global investment solutions firm with $326.9 billion in assets under management (as of 3/31/2021) and $2.8 trillion in assets under advisement (as of 12/31/2020) for clients in 32 countries, The firm provides a wide range of investment capabilities to institutional investors,…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Federal Reserve officials were at odds over the US central bank’s decision to lower interest rates by a half-point last month, according to a record of the meeting released on Wednesday. Minutes…
Republicans are fighting a war against misinformation to keep their constituents safe as they brace for Hurricane Milton to make landfall in Florida, including being willing to point the finger at members of their own party — and their presidential nominee. The Category 4 storm is forecast to touch down overnight Wednesday…
By Vanessa Infanzon, Next Avenue In 2001, a YMCA in Brooklyn hired a husband-and-wife team of television producers, Stephanie Walter and John Williams, to help 15 high school students pull together a film about retired seamen living at the YMCA’s residential facility. The class’s final project, a one-hour documentary called…
Washington D.C., Denver and Raleigh, North Carolina, are the real estate markets that are projected to see the most substantial changes as the Federal Reserve begins to lower borrowing rates. According to a new Realtor.com report published Tuesday, markets with a high percentage of homeowners with a mortgage stand to…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets : Stocks are rallying Tuesday after a nearly 1% drop in the S & P 500 in the prior session.…
Shares of Trump Media surged more than 19% on Tuesday, putting the Truth Social operator on track for its fourth straight day of gains — its longest positive price streak since June.DJT shares at one point jumped to $22 in extremely heavy trading, nearly 90% higher than the company’s intraday…