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Fed Cuts Rate To Keep Economy Strong, Chairman Powell Says
NPR's Steve Inskeep talks to David Wessel, director of the Hutchins Center at the Brookings Institution, about the Federal Reserve lowering interest rates a quarter percentage...
6 minutes ago - NPR - 2 articles
‘No guts, no sense, no vision': US Fed cuts interest rates, but Trump calls it a ‘failure'
The US Federal Reserve has cut interest rates for the second time since 2008, to a range of 1.75 to 2 percent. The move was met with disdain from US President Donald Trump, who...
16 minutes ago - RT - 2 articles
European markets open slightly lower as investors await BOE rate decision
Central banks around the world have been loosening policy to counter the risk of low inflation and recession.
2 hours ago - CNBC - 2 articles
Asian shares mixed following Fed's decision to cut rates
BANGKOK - Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this...
2 hours ago - Chron - 4 articles
Japan central bank stands pat after Fed rate cut
TOKYO - Japan's central bank has opted to keep its monetary policy unchanged despite growing signs of trouble that prompted the Federal Reserve to cut its benchmark rate. The...
3 hours ago - Chron - 4 articles
Why the ECB Is Stuffing Free Money Into Bank Pockets Again
The European Central Bank is throwing every tool it has at the sluggish euro zone economy. Starting on Sept. 19, it's making a generous funding offer to lenders in the region...
4 hours ago - Washington Post
Tesla's Model 3 earns insurance industry's top safety rating
Tesla Inc's Model 3 electric sedan has earned the top safety rating from the Insurance Institute of Highway Safety , becoming the first Tesla to do so.
4 hours ago - Reuters
Asian shares turn lower on guarded Fed, yen rises after BOJ
Asian shares turned lower on Thursday after the U.S. Federal Reserve cut interest rates as expected but signaled a higher bar to further policy easings.
5 hours ago - Reuters - 4 articles
Fed forecasts no further rate cuts in 2019 and 2020, but members are divided
The Federal Reserve cut rates Wednesday by 25 basis points to a range of 1.75% to 2.00%.
6 hours ago - CNBC - 4 articles
Trump says Powell and the Fed 'Fail Again' - 'No guts, no sense, no vision!'
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower interest rates.
6 hours ago - CNBC - 2 articles
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The Fed cuts rates for 2nd time since financial crisis - but defies Trump's...
The Federal Reserve decided to ease borrowing costs for the second time since the financial crisis on Wednesday. The decision came as policymakers sought to insulate the...
Japanese Court Acquits Former Utility Executives Over 2011 Fukushima Disaster
The three ex-Tokyo Electric Power Co. executives were found not guilty of professional negligence linked to the meltdown of three of the nuclear power plant's reactors after an...
California Governor Signs Law Protecting Gig Economy Workers
The measure that reclassifies many independent contractors as employees could have national implications for the so-called gig economy.
Trump signed his $147-million replacement border wall with a Sharpie
REUTERS/Tom Brenner President Donald Trump visited the $147-million border wall replacement project in Otay Mesa, California, on Wednesday, and called it "amazing." While no...
The Fed is supposed to be independent from the White House. But Trump's next...
Central bank independence is widely seen as essential to a healthy economy and financial markets. But Judy Shelton, a likely nominee for a top position at the Federal Reserve...
Sarah Foster: Fed cuts rates by quarter point, split on further reductions
The Federal Reserve cut interest rates for the second time this year in an attempt to cushion the U.S. economy from trade tensions, slowing global growth and low inflation. The...
Meet Ron Fisher, the SoftBank executive who awarded WeWork a $47 billion...
SoftBank Investment Advisors Ron Fisher is the Vice Chairman and Head of Investment at SoftBank Group where he oversees the organization's $100 billion Vision Fund . Fisher led...
Stocks finished mixed as the Fed remains divided over further rate cuts
Stocks finished mixed on Wednesday after the Federal Reserve delivered a highly anticipated cut to its benchmark interest rate. US indexes sank further into negative territory...
Meet Ron Fisher, the SoftBank executive who awarded WeWork a $47 billion...
Ron Fisher is the Vice Chairman and Head of Investment at SoftBank Group where he oversees the organization's $100 billion Vision Fund . Fisher led SoftBank's multiple...
Steve Jobs had a major role in helping Disney buy Marvel, CEO Bob Iger revealed
Disney bought Marvel in 2009 for $4 billion, but it may not have happened without Apple cofounder Steve Jobs' help. In a Vanity Fair excerpt from Bob Iger's new book, "The Ride...