People Are Holding Off on Spending Until the Election, Federal Reserve's Beige Book Said
Election anticipation has started to creep into consumers' spending decisions, and many are delaying financial decisions ...
Why Lucid Stock Fell Today
Lucid stock fell in today's daily trading as investors weighed the possibility that the Federal Reserve will adopt a slower-than-anticipated pace for interest rate cuts. The market was also feeling ...
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East West Bank faces margin squeeze, but investors like its plan
The Southern California company beat analysts' expectations, partly by steadily paying less for deposits, as it navigates a ...
Billionaire Esteves Sounds Alarm on US Deficit, Money ‘Printer’
Billionaire Andre Esteves, the chairman of Banco BTG Pactual SA, said he’s worried about the lack of debate over the ...
US economic activity little changed in recent weeks, Fed survey shows
U.S. economic activity was little changed from September through early October while firms saw an uptick in hiring, ...
These Stocks Are Moving the Most Today: McDonald’s, Enphase, Boeing, Vertiv, Qualcomm, AT&T, Northern Trust, Tesla, and More
The CDC is investigating an E. coli outbreak linked to McDonald’s Quarter-Pounder hamburgers that has caused one death, third ...
Fed Board fired four staffers, disciplined five others for sexual harassment, bombshell report reveals
The Federal Reserve Board disciplined staffers over sexual harassment complaints between 2020-2023, though no formal EEO complaints were reported.
Dow plummets over 400 points as McDonald’s, Fed worries weigh on market
The Dow Jones Industrial Average tumbled more than 600 points before finishing down 409 points, or 1% at 42,514.95. It was ...
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Distrust in the financial system leaves some underbanked in Central Florida
Underbanked communities lack full access to traditional banking services, often relying on costly alternatives like check ...
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As focus shifts from inflation to employment, the Fed’s job is still tricky
The September rate cut raised hopes for a sturdy labor market into next year and beyond. The effect on jobs, though, may take ...
Stock Market Today: Dow falls over 400 points as U.S. stocks head for biggest declines since first week of September
U.S. stocks were poised to record their biggest one-day drops in roughly seven weeks on Wednesday, as worries about rising ...
Dow sinks sharply as Wall Street gears up for possibility of a Trump victory
US stocks took a dive Wednesday as mounting concerns over big tech earnings, rising Treasury yields and political uncertainty drove down all three major indexes.