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 in December.
Fed has not yet complied with subpoenas as Powell probe continues: Source
Federal Reserve Chair Jerome Powell says the criminal investigation resulted from frustration by President Donald Trump over interest rate decisions.
Tesla tops estimates for quarter, but wraps up first annual revenue drop on record
Tesla’s earnings report comes weeks after Elon Musk’s automaker reported another decline in vehicle deliveries.
Meta shares jump 10% on stronger-than-expected revenue forecast
Meta reported fourth-quarter earnings on Wednesday that topped estimates and issued stronger-than-expected sales guidance.
Snap establishes Specs subsidiary for its AR glasses
Snap on Wednesday said its unit working on the development of augmented reality glasses is now housed under a wholly owned subsidiary named Specs Inc.
Mortgage demand drops 8.5%, as interest rates swell to the highest level in 3 weeks
Mortgage rates rose last week, causing a large drop in demand for refinances. Homebuyer demand was essentially flat.
Amazon laying off about 16,000 corporate workers in latest anti-bureaucracy push
The layoffs mark the second round of mass cuts at Amazon since last October, when the company laid off roughly 14,000 employees across its corporate workforce.
U.S.-India trade talks could get a boost as America sees life going on without it
There could be a renewed push to conclude a U.S.-India trade deal, analysts say, as the White House sees other countries signing trade deals.
Greenland will not give in, PM says, as Denmark warns world order as we know it is over
Greenland Prime Minister Jens-Frederik Nielsen on Wednesday issued a defiant message on the Arctic island’s future.
Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
Khosla Ventures, G2 Venture Partners, Uber, Nvidia and Volvo are all investing in the Toronto-based, driverless tech startup.
