The three major stock indexes opened higher again on Thursday, but holding on to those gains has been the problem this week. The Nasdaq Composite was up 0.2%. The most in a full month is eight from December 2012, based on data going back to 2008, according to Dow Jones Market Data.
Job gains have remained strong, and the unemployment rate has remained low. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The economic outlook is uncertain, and the Committee remains highly attentive to inflation risks.
Amazon, Google, Meta, and Microsoft announced they are spending billions to build out their AI capabilities. It'll take time for it to pay off.
Microsoft vice chair and president Brad Smith and wife Kathy Surace-Smith have purchased a stake in the Seattle Mariners, becoming just the third additions to the team’s ownership group since 1992. The team announced the addition of the Smiths to the Mariners Partnership Group on Wednesday.
At Columbia University, where the mass wave of protests began, a coalition of professors have said they are backing students
The Federal Reserve Open Market Committee is keeping its federal funds target range to 5.25% to 5.50%. In its statement, members say, "Inflation has eased over the past year but remains elevated. In recent months, there has been a lack of further progress toward the Committee's 2 percent inflation objective." The Committee also indicates that rate cuts aren't coming soon, saying that it "does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2 percent." The decision was unanimous. Yahoo Finance Federal Reserve Reporter Jennifer Schonberger reports the breaking details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
The 64-year-old country icon thanked his audience for "singing along all these years" as he announced a new single, "Where That Came From"
O’Sullivan lost the frame after a debate with referee Desislava Bozhilova over a re-spotted black during his quarter-final match with Stuart Bingham
Sony PicturesWelcome to modern rom-com week at The Daily Beast’s Obsessed! In honor of two big romance releases this week—The Fall Guy and The Idea of You—we’re celebrating everything we love about the last 15 years of romantic comedies.Remember when rom-coms actually looked good? When I think about all of the classic rom-coms that gave teenaged-me unrealistic expectations for my future love life, it’s the atmosphere that most often comes rushing back—the warm autumnal hues of When Harry Met Sal
Photo Illustration by The Daily Beast/Courtesy of Audrey ThomasThe disbarred defense attorney who represented convicted con artist Anna Delvey in the fake German heiress’ infamous fraud case is suing Spirit Airlines over a confrontation with a gate agent that she says left her so distraught, she had to be committed to a mental institution.Former lawyer Audrey A. Thomas, a controversial figure who has long made headlines for her courtroom histrionics, claims it all started when the unnamed Spirit
The Federal Reserve will scale back its quantitative tightening (QT). Wall Street will take its cue from chair Jerome Powell.
WEST CHESTER, Ohio, May 01, 2024--Swander Pace Capital Completes Sale of Functional Formularies to Danone
The governor is expected to sign the repeal immediately — a huge win for pro-choice advocates in the state — but the near-total ban will still be in effect for some time.
The Queen spoke after the King’s first public appearance in weeks
‘What a wild ride it has been’
Disgraced movie mogul still faces a 16-year prison sentence in California
NEWPORT BEACH, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Talonvest Capital, Inc., a boutique self-storage and commercial real estate advisory firm, and Nuvo Development are pleased to announce a successfully tailored full capital stack which includes pari-passu joint venture equity investment as well as construction financing for a class A, self storage development in Magnolia, New Jersey. The site is centrally located in the core of a strong residential suburb of northwest NJ, a few miles southe
In a break from his hush money trial, Trump has his own ideas about what “the Radical Left Lunatics” are up to.
MILWAUKEE, May 01, 2024 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC), will announce its fiscal 2024 third quarter financial results on Wednesday, May 22, 2024. A conference call will be held beginning at 10:30 a.m. Eastern Time (9:30 a.m. Central Time) Wednesday, May 22, 2024. Participants will be able to access the webcast and presentation here live and in replay. This call is being webcast by Notified and can be accessed here. About BRCBrady Corporation is an international manufacturer an
Exclusive: Tees Valley mayor’s extraordinary broadside against his own party as Tories brace for drubbing in local elections – and MPs plot no-confidence vote in event of Labour landslide
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