The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data showed inflation is now running below expectations.
Schlagwort-Archiv: Markets
Chinese EV maker Nio releases a smartphone it expects at least half of its users to buy
Chinese electric car brand Nio released an Android smartphone on Thursday. CEO William Li spoke with CNBC in an exclusive interview ahead of the launch.
Fed signals it will raise rates one more time this year before it ends hiking campaign
The Federal Reserve stayed put on Wednesday but forecast it will raise interest rates one more time this year.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on July 26.
Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve on Wednesday released its decision on interest rates and updates on the economy.
Olive Garden parent Darden Restaurants beats earnings estimates, despite weak fine dining sales
Darden, the owner of Olive Garden, saw net sales rise more than 11% in the quarter.
Take the Fed forecast with a grain of salt. It has a terrible track record
Should you change your investment portfolio based on the Fed’s projections? You probably should not.
Stocks making the biggest moves premarket: Pinterest, Instacart, Bausch Health and more
These are the stocks posting the largest moves in premarket trading.
Apple and Goldman were planning stock-trading feature for iPhones until markets turned last year
Apple was exploring the launch of a feature that would let iPhone users buy and sell stocks, according to people familiar with the plans.
Ark CEO Cathie Wood says she avoided the Arm IPO frenzy. Here’s why
Ark Invest CEO Cathie Wood said she did not participate in Arm’s IPO last week, as the chip designer was overvalued relative to its competitive position.