Apple falls 5% as tech, semiconductor stocks struggle after market rally fades
Tim CookSally Shin | CNBCTechnology stocks declined Tuesday, erasing earlier gains after a broad market relief rally faded.The tech-heavy Nasdaq ...
Tag: economy
Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis
Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025. CNBCTreasury Secretary Scott Bessent said Sunday the Trump administration is focused ...
Here’s how tariffs on Canada, China and Mexico may impact U.S. consumers
President Donald Trump on Jan. 27, 2025 in Doral, Florida.Joe Raedle | Getty Images News | Getty ImagesPresident Donald Trump ...
Fed cuts by a quarter point, indicates fewer reductions ahead
WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive ...
Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate ...
Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out
Ali Ghodsi, co-founder and chief executive officer of Databricks Inc., speaks during a Bloomberg Technology television interview in San Francisco ...
What the stock market typically does after the U.S. election, according to history
Traders work on the floor at the New York Stock Exchange on Oct. 24, 2024.Brendan McDermid | ReutersStocks typically rise ...
U.S., China sign agreement to cooperate on financial stability
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, ...
Fed Governor 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 ...
Goldman Sachs partner Beth Hammack to succeed Mester as Cleveland Fed leader
A Goldman Sachs executive and finance industry veteran will take over as the new president of the Cleveland Federal Reserve.The ...
