Fed Governor Christopher Waller sees central bank ‘getting closer’ to an interest rate cut
Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are...
Read more
Editor's Pick
Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates
Gold jumped to a record Tuesday as rising expectations of a September interest rate cut bolstered demand for bullion. Gold...
Read more
GM to increase production of high-performance Cadillac Escalade V8 SUV
DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the...
Read more
Dow rallies 700 points for best day in more than a year, Russell 2000 small-cap index jumps 3%
The Dow Jones Industrial Average advanced to new highs on Tuesday, as the bull market broadened out beyond technology names on hopes...
Read more
Jerome Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates
Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest...
Read more
GM’s 2025 EV production capacity target in doubt after Barra comments
General Motors’ goal of being capable of producing 1 million all-electric vehicles in North America by the end of 2025...
Read more
Shares in gun manufacturers soar after Trump assassination attempt
Shares in gun manufacturers jumped Monday in the wake of the assassination attempt on former President Donald Trump. Smith &...
Read more
Amazon’s Prime Day a ‘major’ cause of worker injuries, Senate probe finds
Amazon Prime Day, the 48-hour discount blitz that kicks off Tuesday, is a “major” cause of worker injuries, according to the preliminary...
Read more
