Instant view: Fed slashes rates 50 bp in first easing since pandemic hit
(Reuters) – The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is…
Year: 2024
US regulator to propose strengthened rules for banks working with fintechs
By Hannah Lang (Reuters) – A top U.S. banking regulator is set to propose that banks bolster recordkeeping requirements for…
Microsoft approves new $60 billion share buyback program
(Reuters) -Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion.…
AT&T to pay $13 million over 2023 customer data breach
WASHINGTON (Reuters) – AT&T has agreed to pay $13 million to resolve an investigation over a data breach of a…
Harris says Trump and abortion ban to blame for death of Georgia woman
WASHINGTON (Reuters) – Vice President Kamala Harris said on Tuesday a Georgia woman’s death could have been prevented if the…
Oil Prices Surge 2% as Hurricane Disrupts Output Ahead of Fed Rate Decision
In Today’s News Why are billionaires loading up on oil? [adv] Exclusive-Vista, Blackstone nearing $8-billion deal to buy Smartsheet,…
Fed rate cuts will not be as deep as the market expects, says BlackRock
NEW YORK (Reuters) – The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market…
Intel awarded up to $3 billion from US for national security related chip production
(Reuters) -The Biden Administration on Monday awarded Intel Corp up to $3 billion from the CHIPS and Science Act to…
Oil prices climb on hurricane impact ahead of US rate decision
By Nicole Jao NEW YORK (Reuters) -Oil prices rose 2% on Monday as the ongoing impact of Hurricane Francine on…
Exclusive-Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say
By Milana Vinn and Mike Spector NEW YORK (Reuters) – Buyout firms Vista Equity Partners and Blackstone are in advanced…