Federal Reserve Cuts Rates, Signals More in 2025
Federal Reserve Cuts Rates, Signals More in 2025/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ The Federal Reserve lowered its benchmark interest rate by a quarter-point to 4.1%, its first cut…
Business
Wall Street Holds Near Records, Investors Await Fed Rate Cuts
Wall Street Holds Near Records, Investors Await Fed Rate Cuts/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ U.S. stocks hovered near record highs Tuesday as investors awaited the Federal Reserve’s first…
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Back-to-School Spending Boosts Retail Sales 0.6% Amid Job Weakness
Back-to-School Spending Boosts Retail Sales 0.6% Amid Job Weakness/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ U.S. retail sales grew 0.6% in August, boosted by back-to-school shopping and resilient consumer demand.…
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Tesla Powers Wall Street Higher Ahead Fed Rate Cut
Tesla Powers Wall Street Higher Ahead Fed Rate Cut/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ U.S. stocks edged higher Monday, with the S&P 500 and Nasdaq climbing toward fresh records…
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Elon Musk Buys $1B Tesla Shares Before Shareholders Vote
Elon Musk Buys $1B Tesla Shares Before Shareholders Vote/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ Tesla shares jumped over 7% in premarket trading Monday after Elon Musk disclosed buying over…
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Nvidia Faces Antitrust Probe in China Over Merger
Nvidia Faces Antitrust Probe in China Over Merger/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ Chinese regulators allege Nvidia violated antitrust rules related to its 2020 acquisition of Mellanox Technologies. A…
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Wall Street Heads for Best Week in a Month on Fed Hopes
Wall Street Heads for Best Week in a Month on Fed Hopes/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ U.S. stocks are closing in on their best week in five as…
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Wall Street Climbs as Fed Rate Cut Expected
Wall Street Climbs as Fed Rate Cut Expected/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ U.S. stocks rose again Thursday as hopes grow for an interest rate cut by the Federal…
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U.S. Inflation Surges 2.9% in August, Gas, Food, Airfare Prices Rise
U.S. Inflation Surges 2.9% in August, Gas, Food, Airfare Prices Rise/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ U.S. inflation accelerated in August, with prices rising across gas, groceries, air travel,…
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U.S. Jobless Claims Jump to 263,000 — Highest Level Since 2021
U.S. Jobless Claims Jump to 263,000 — Highest Level Since 2021/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ U.S. jobless claims spiked to 263,000 last week, the highest in nearly four…
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Senate Panel Advances Trump Fed Nominee Stephen Miran
Senate Panel Advances Trump Fed Nominee Stephen Miran/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ A Senate committee advanced Stephen Miran, President Trump’s nominee to the Federal Reserve Board of Governors,…
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