Fed holds off on rate hike, but says two more are coming later this year
The Federal Reserve on Wednesday released its decision on interest rates.
Shell CEO says EV charging stations in China are hot, predicts ‘robust’ oil and gas demand
Shell CEO Wael Sawan said the energy giant is boosting oil and gas production to book near-term profits, but is also building EV charging stations in China.
Disney relaunches exclusive 24-day ‘around the world’ tour to San Francisco, Tokyo and more—it costs $115,000 a person
Travelers on the exclusive Adventures by Disney tour will visit 12 theme parks and three iconic landmarks including the Taj Mahal and the Eiffel Tower.
Cruise stocks soar as industry rebounds. Here’s what analysts expect to happen next
The industry suffered from shutdowns during the Covid-19 pandemic but is now benefiting from travelers’ pent-up demand.
Trump post-arraignment donor dinner was full of crab cakes, burgers and rage
Donald Trump met with his small group of wealthy supporters Tuesday night after being arraigned, as these select financiers rallied to his cause.
32-year-old spent $2,000 setting up an Airbnb in her neighbor’s barn—now her rentals bring in $2.88 million a year
Four years ago, Jamie Inlow listed her neighbor’s barn apartment on Airbnb. Now, she runs a property management company that manages 119 rentals — here’s how.
European stocks close higher ahead of Fed decision; UK GDP growth boosts sentiment
European markets closed higher Wednesday as investors look ahead to a widely expected announcement of a pause in rate hikes from the Federal Reserve.
Sonos lays off 7%, or about 130 employees
Sonos expects to incur up to $14 million in restructuring costs in the third quarter.
EU lawmakers pass landmark artificial intelligence regulation
The European Union’s AI Act is the first comprehensive set of regulations for the artificial intelligence industry.
Turkey’s Erdogan says he agrees to monetary policy turnaround under new Finance Minister Simsek
Turkish President Recep Tayyip Erdogan appeared to make a crucial shift Wednesday regarding the future of his inflation-ridden country’s monetary policy.
