Fed holds off on rate hike, but says two more are coming later this year
The Federal Reserve on Wednesday released its decision on interest rates.
Financial News
Here’s the inflation breakdown for May 2023, in one chart
The consumer price index rose at its slowest pace in two years in May, the U.S. Bureau of Labor Statistics said Tuesday.
FTC will try to block Microsoft’s acquisition of Activision Blizzard
The FTC had already sued to block the $68.7 billion acquisition, choosing to bring the case before its internal administrative law judge.
Trump indictment is ‘very, very damning,’ his former attorney general says
Donald Trump’s former Attorney General Bill Barr said Trump is “toast” after a 37-count criminal indictment against him was unsealed Friday.
Why the ‘Mother of Dragons’ at SpaceX left her job building rockets to work on nuclear fusion
Darby Dunn was unofficially known as the “Mother of Dragons” at SpaceX. She’s now at Commonwealth Fusion Systems building star power. Here, she explains why.
JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm
Economic crosscurrents have divided the investing world into roughly two camps: Those who see a soft landing and those who envision something far worse.
Euro zone enters recession after Germany, Ireland growth revision
The euro zone entered a recession in the first quarter of this year and economists are not optimistic for the coming months.
PGA Tour-LIV Golf merger is a major win for the Saudis — and Americans are slamming it
U.S. lawmakers, commentators and sports fans are calling the deal “hypocritical” and accusing the PGA Tour of taking “Saudi blood money” and “sportswashing.”
PGA Tour agrees to merge with Saudi-backed rival LIV Golf
The PGA Tour is merging with Saudi-backed rival LIV Golf, following months of tensions and mounting lawsuits between the competitors.
Stock markets are ignoring a ‘laundry list’ of risks, strategist says
Stock markets are ignoring a “laundry list” of potential risks in their recent bull run, according to Julian Howard, investment director at GAM Investments.