News - 2024-11-07

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Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.

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Federal Reserve Chair Jerome Powell said he wouldn't step down if President-elect Trump calls for his resignation and that the president can't remove or demote Fed governors.

The Japanese car making giant also said it will cut its global production by 20%.

Republican SEC Commissioner Mark Uyeda suggests pausing new enforcement actions against firms that have failed to register with the commission until clear rules of the road in place

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Trump won the election on a platform of steep import taxes, including tariffs as high as 60% on China.

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Big mining firms are switching to driverless trucks and other autonomous equipment.

The S&P 500 and the Nasdaq Composite closed at fresh records on Thursday.

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All employees at The Post will be expected to return to the office by June 2. Managers must be back in the office full time by Feb. 3.

The Fed cut interest rates by 25 basis points, avoiding any surprises just days after the election of Donald Trump as the next US president.

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Sports insider Andrew Brandt broke down the two kinds of policies NFL teams use to insure their star players and whether the high premiums are worth it.

Investors are digesting a fresh interest rate cut from the Federal Reserve as the impact of Trump's expected policies also remains in focus.

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Investors are digesting a fresh interest rate cut from the Federal Reserve as the impact of Trump's expected policies also remains in focus.

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DoubleLine 's Jeffrey Gundlach said interest rates could shoot higher if the Republicans ends up controlling the House and securing a governing trifecta.

Fed funds futures contracts pointed to a roughly 75% probability that the U.S. central bank would cut rates again in December.

President-elect Donald Trump has sent mixed signals for years on whether he would fire or demote Jerome Powell. But Powell made it clear Thursday that he won’t be going anywhere even if Trump tried.

A two-time Pulitzer Prize winner, he was a reporter, editor and columnist for The Washington Post, renowned for his deeply sourced dispatches.

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The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.

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The Federal Reserve approved its second consecutive interest rate cut Thursday.

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The Fed cut interest rates by 25 basis points, avoiding any surprises just days after the election of Donald Trump as the next US president.

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Investors are digesting a fresh interest rate cut from the Federal Reserve as the impact of Trump's expected policies also remains in focus.

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Donald Trump's plans for tax cuts and tariffs raise questions about much further the Fed might cut.

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Lyft stock soared more than 25% as the company’s turnaround plan pushed ridership to an all-time high during the third quarter.

Tech CEOS lined up to quickly congratulate President-elect Trump on his win.

Yields on government bonds — which underpin all kinds of borrowing in the economy — are rising. But the Fed is cutting rates. What gives?

Mortgage rates rose for the sixth straight week with the 30-year fixed rate average hitting 6.79%, as purchase demand continues to weaken in the stagnant housing market.

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Federal Reserve officials are widely expected to cut rates by a quarter point, as uncertainty about a second Trump presidency looms large.

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Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

Strategists believe the massive stock market surge after Trump's victory is the start of a larger rally to follow.

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Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.

The Federal Reserve is expected to cut interest rates by 25 basis points Thursday and avoid any unnecessary surprises following the election of Donald Trump as the next US president.

Investors are drilling down into the impact of Trump's expected policies as they wait for a Fed interest-rate decision.

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Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment.

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Stellantis, which has been working to reduce its inventory levels in North America, announced it was indefinitely laying off over 1,000 workers at its Jeep assembly plant in Ohio.

Trump Media & Technology Group stock reversed the gains it enjoyed on Wednesday as Donald Trump clinched victory over Kamala Harris in the presidential election.

Investors are drilling down into the impact of Trump's expected policies as they wait for a Fed interest-rate decision.

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Investors are drilling down into the impact of Trump's expected policies as they wait for a Fed interest-rate decision.

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Trump Media & Technology Group stock reversed the gains it enjoyed on Wednesday as Donald Trump clinched victory over Kamala Harris in the presidential election.

Warner Bros. Discovery stock rose in early trading on Thursday after the company reported strong streaming results in the third quarter.

(Reuters) -U.S. President-elect Donald Trump's impending return to the White House appears to put the Federal Reserve on a slower and shallower path for interest rate cuts, with a slew of new policies embraced by the Republican leader poised to juice the economy and stall, or reverse, the slowdown in inflation. U.S. central bankers are still widely expected to cut the Fed's benchmark interest rate by a quarter of a percentage point to the 4.50%-4.75% range when they wrap up their two-day policy meeting on Thursday. Futures contracts tied to the Fed's policy rate are also pricing in a December rate cut, though with slightly less confidence than previously, as the central bank recalibrates borrowing costs to inflation that's now much closer to its 2% target, and to a cooling labor market.

The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.

Investors are drilling down into the impact of Trump's expected policies as they wait for a Fed interest-rate decision.

Investors are drilling down into the impact of Trump's expected policies as they wait for a Fed interest-rate decision.

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The Federal Reserve will announce its next interest rate move on Thursday in the wake of the U.S. election, with markets expecting the central bank to cut rates by 25 basis points.

A report from Realtor.com says President-elect Donald Trump's agenda includes policies that could have both positive and negative impacts on the housing market.

Nissan Motor Company (NSANY) said results from the first-half of Fiscal Year 2024 showed decreased consolidated net revenue and global sales volumes, and an operating profit margin of 0.5%.

National Retail Federation CEO Matthew Shay issued concerns about President-elect Trump's proposed tariffs, saying it could drive-up prices and result in job losses.

Elon Musk, long skilled at using the government to help his businesses, sees his latest bet pay off as Trump wins. The president-elect, long an EV opponent, makes for an odd match. But there are some good reasons it's not.

A number of major firms have warned over the impact of higher National Insurance costs.

Investors are cheering the end of an aggressive era of antitrust enforcement now that Donald Trump is returning to the White House. But some legal experts aren’t so sure that’s what will happen.

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The executives of tech’s biggest companies largely ignored Donald Trump before the 2016 election. This time around, they’re far more friendly.

Donald J. Trump has embraced tabloids, reality TV, Twitter and cable news. This year, he moved on to podcasts and online streamers.

Apple, Amazon, Google, Meta and others learned during the last Trump administration to expect the unexpected when it came to Washington scrutiny and support.

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Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?

Federal Reserve officials are widely expected to cut rates by a quarter point, as uncertainty about a second Trump presidency looms large.

The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.

When exit polls began to be released on Tuesday night, it appeared to contain a nugget that augured well for Kamala Harris. In the end, it didn't.

The order, which will allow people to still use the app, cited concerns about TikTok’s owner, the Chinese tech giant ByteDance.

Despite the increase, the lender warns mortgage costs could remain "higher for longer" following the Budget.

China emphasized the need for greater cooperation with the U.S. a day after it became clear President-elect Donald Trump would be the next U.S. president.

Adyen, whose technology allows firms to accept payments online and in-store, reported third-quarter net revenue of 498.3 million euros, up 21% year-over-year.