CNBC Daily Open: Powell’s conference had something for everyone
At his post-meeting press conference, Chair Jerome Powell deftly negotiated expectations from market bulls and bears, somehow affirming both camps.
Dow loses more than 200 points Thursday to snap historic 13-day rally: Live updates
Traders absorbed a strong GDP number and Meta earnings results.
The Fed needs the economy to slow from here. These funds could outperform
Fed Chair Jerome Powell said that the economy will need to have a period of below-trend growth for inflation to come down.
The Dow just posted its best winning streak since the 1980s. Why it keeps going higher
The Dow on Wednesday rose for a 13th straight day, matching its longest winning streak since 1987.
Tesla under investigation by California attorney general over Autopilot safety, marketing
The California attorney general is investigating Tesla over the electric car company’s driver assistance technology, CNBC has learned.
Fed recap: Details from the Federal Reserve’s July hike and Powell’s market-moving comments
The central bank boosted rates by a quarter percentage point on Wednesday, bringing the benchmark borrowing rate to a range of 5.25%-5.5%.
What Alphabet and Microsoft are saying about A.I. on their earnings calls
Second-quarter earnings season brought artificial intelligence front-runners Alphabet and Microsoft head-to-head once again.
Airbus posts higher profit, removes near-term output goal
Europe’s Airbus on Wednesday posted higher-than-expected underlying operating profit for the second quarter.
Alphabet shares jump on beat and strong cloud growth
The company reported strong growth in its cloud computing unit and announced a key executive would be moving to a new role.
The Fed’s latest rate hike will sweeten yields on these investments
The central bank’s policy tightening campaign has been a bonanza for income investors.
