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Fed's Powell signals the start of rate cuts
Jerome Powell says 'the time has come for policy to adjust' and he does not seek further labor market cooling. (0:17) Markets are pricing in 100 basi…
1 year, 6 months ago
All eyes on Powell in Jackson Hole
Fed chief expected to set the stage for cutting rates. (0:15) Southwest could charge for bags to fend off activist. (2:10) Uber teams with GM for aut…
1 year, 6 months ago
Want a foldable MacBook? Could be a long wait
Analyst says production pushed to end of '27 or '28. (0:16) Jobless claims add more weight to a 25 bps September rate cut. (0:55) Asia sees first cas…
1 year, 6 months ago
Canada rail shutdown, U.S. trade at risk
Canada rail (CP) (CNI) shutdown begins, threatening supply chains and U.S. trade. (00:22) Bronfman boosts bid in Paramount (PARA) offer to $6B: WSJ. …
1 year, 6 months ago
'Black Myth: Wukong' makes video game history
First-person game sees 2.2M concurrent players. (0:16) Yearly payrolls ended March revised down by 818,000. (1:28) Target rallies with positive quart…
1 year, 6 months ago
Walmart exits JD.com
Walmart (WMT) exits JD.com (JD) to focus on its own China business. (00:22) Waymo (GOOG) expands rapidly to 100,000 robotaxi rides a week. (01:23) Mi…
1 year, 6 months ago
Mpox not next COVID, WHO official says
WHO's Europe regional director says authorities are aware how to control spread of mpox. (0:15) Lowe's issues lowered guidance. (1:18) Twitter buyout…
1 year, 6 months ago
Boeing grounds test fleet
Boeing (BA) grounds 777X test fleet after finding cracks in engine mounting structure. (00:24) Tax firm Andersen Global evaluating IPO - WSJ. (01:28)…
1 year, 6 months ago
GM cutting salaried tech workers
Layoffs come after GM promoted two former Apple execs to run software & services. (0:16) Carl Icahn settles with SEC over margin loans. (3:02) Goldma…
1 year, 6 months ago
BYD becomes Pakistan's first major NEV player
China's BYD (BYDDF) to set up a plant in Karachi, Pakistan - report. (00:24) UAW chief claims Stellantis (STLA) is price gouging to inflate profits. …
1 year, 6 months ago