The Federal Reserve made its third consecutive interest rate cut on Wednesday, reducing its benchmark rate by a quarter of a percentage point. The move, widely anticipated by investors and financial markets, brings the federal funds rate to a target range of 4.25 percent to 4.50 percent. Since beginning its rate cuts in September, the Fed has now lowered rates by a total of 100 basis points, or one percentage point.
The fatal shooting of United Healthcare CEO Brian Thompson has prompted several leading health insurance companies to remove or restrict access to their executive leadership pages. The move comes amid concerns over safety following online activity that some have described as targeting other industry executives.
President-elect Donald Trump’s incoming Middle East envoy, Steve Witkoff, held high-stakes meetings in November with leaders in Qatar and Israel to advance a potential ceasefire and hostage release agreement in Gaza before Trump’s January 20 inauguration, according to sources briefed on the discussions.
The stock market is recording its strongest month this year following President-elect Donald Trump’s victory in the 2024 election, reflecting investor optimism about the economic outlook under the incoming administration.
Millionaire investor and Shark Tank star Kevin O’Leary offered a blunt critique of Vice President Kamala Harris during a roundtable on CNN NewsNight with...
President-elect Donald Trump confirmed Thursday that JPMorgan Chase CEO Jamie Dimon will not be part of his upcoming administration. Trump praised Dimon’s work but clarified he has no plans to include the banking executive in his administration.
Prominent Republican donors are rallying behind former President Donald Trump following his recent criminal conviction. Almost $53 million for Trump's campaign was raised within...
An Ohio billionaire is planning a deep sea voyage to explore the remains of the Titanic, despite the implosion that cost the lives of five men last summer.
