Art Cashin on why the Fed can’t go back to super-sized rate hikes
The UBS Financial Services’ director of floor operations said the central bank would find it difficult to reaccelerate after easing down to 25 basis points.
Jury finds Alex Murdaugh guilty in murders of wife and son
Murdaugh, 54, stood trial for the fatal shootings of his wife, Margaret, and their youngest son, Paul, in a case tied to a slew of financial crimes.
House ethics panel opens investigation of Rep. George Santos on range of issues
Rep. George Santos, a New York Republican, is the subject of a subcommittee probe into possible unlawful activity during his 2022 congressional campaign.
Trump can face civil lawsuits over the Jan. 6 riot, DOJ says
Justice Department attorneys told a federal appeals court that Trump does not have absolute immunity from civil lawsuits stemming from the Jan. 6 Capitol riot.
ESPN wants to be the hub of all live sports streaming — even if it helps its competition
The idea aims to make ESPN the TV guide of live sports. The network has held talks with major leagues and media companies, sources said.
Tesla’s plan to slash silicon carbide use sends some chipmakers’ shares down
Tesla plans to slash use of silicon carbide transistors 75%, powertrain engineering leader Colin Campbell told investors Wednesday.
Mortgage rates jump back over 7% as inflation fears drive yields higher
Growing fears that inflation is not cooling off are pushing bond yields higher. Mortgage rates loosely follow the yield on the U.S. 10-year Treasury.
California winter storms bring heavy snow; Newsom declares state of emergency in 13 counties
Gov. Gavin Newsom on Wednesday declared a state of emergency in 13 California counties affected by the storms, including blizzard conditions in some areas.
Ford plans to restart production of the electric F-150 Lightning on March 13
Ford plans to restart production of its electric F-150 Lightning pickup on March 13 – more than a month after a battery issue caused a vehicle to catch fire.
Ford plans to restart production of the electric F-150 Lightning on March 13
Ford plans to restart production of its electric F-150 Lightning pickup on March 13 – more than a month after a battery issue caused a vehicle to catch fire.
