Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms The description of the dilemma the Fed faced in balancing its twin mandate of maintaining a healthy labor market and economy while also keeping prices stable came in the minutes o ... 12/4/2024 - 7:44 am | View Link
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates. 12/4/2024 - 6:55 am | View Link
Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts The economy is strong, and it’s stronger than we thought it was going to be in September,’ said the Fed chief. 12/4/2024 - 5:13 am | View Link
Inflation threatens Fed rate-cut expectations once again. Here’s why. With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ... 12/4/2024 - 4:12 am | View Link
Powell Remarks Watched for Sign of Pushback or Support of Fed Rate Cut The Fed chair in fact has pressed on the need for the central bank to keep its options open at a time of increased uncertainty about the shape of broader economic policy in the coming year, some ... 12/4/2024 - 3:00 am | View Link
The hashtag #MatchaTok has more than 40,000 posts on TikTok with users sharing their morning matcha routines, home setups, and latte recipes.
Matcha is undoubtedly the beverage of the moment. It’s almost impossible to scroll on social media without catching glimpses of bright green, sipped out of glass straws or takeaway cups.
Intel says it needs to be thriftier and approach production with a zero-waste model. Christoph Dernbach/picture alliance via Getty ImagesIntel says it needs to move to be thriftier and approach production with a zero-waste model. Execs said the company needs to prioritize efficiency over "no wafer left behind."Intel has lost ground to AI king Nvidia, Samsung, and several Taiwanese and American players.
A Coach store in New York City. Eduardo MunozAlvarez / VIEWpress via Getty ImagesAs the CEO of the fashion company Tapestry, Joanne Crevoiserat helms Coach and Kate Spade's ships. The chief shared some leadership and career advice in a "Leadership Next" interview. Her North Star is an "insatiable curiosity about the consumer."As the CEO of the fashion company Tapestry, Joanne Crevoiserat steers popular brands like Coach, Kate Spade, and Stuart Weitzman.
Khloé Kardashian prepared herself before turning 40. Kevin Mazur/WireImage for Parkwood via Getty ImagesKhloé Kardashian said she tried to "close a lot of chapters" when she was 39. Kardashian, who turned 40 in June, called the process "shedding."Approaching midlife can be comparable to a second puberty, an expert previously told BI.
Brian Thompson was the CEO of UnitedHealthcare. UnitedHealthcareLeaders in the healthcare industry were shocked by the death of UnitedHealthcare CEO Brian Thompson. Healthcare leaders shared their condolences in the hours after his death."The country lost a leader committed to improving patient care," one CEO wrote. The death of UnitedHealthcare CEO Brian Thompson sent shockwaves through the healthcare industry.
Bitcoin has embarked on a wild rally since the US presidential election. Lauren DeCicca/Getty Images; Jenny Chang-Rodriguez/BIBitcoin hit $100,000 for the first time on Wednesday. The cryptocurrency has risen by over $30,000 since Donald Trump's reelection. On Wednesday, Trump picked Paul Atkins, widely viewed as pro-crypto, to run the SECBitcoin hit $100,000 for the first time ever on Wednesday night, reaching the coveted six-figure milestone as investors fuel a red-hot rally since Donald Trump's election win earlier this month.