Trump says Fed’s rate cut was ‘political move’
Republican presidential candidate Donald Trump said on Thursday the U.S. Federal Reserve’s decision to cut interest rates by half of a percentage point was “a political move.”
Japan’s Nikkei leads gains in Asia Pacific after Wall Street soars; BOJ and PBOC hold rates
Traders in Asia also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People’s Bank of China.
This under-the-radar stock in Nvidia’s supply chain is a ‘hidden gem,’ Jefferies says
Jefferies initiated coverage of the stock with a buy rating and target price of 76 euros ($84), giving it potential upside of about 28%.
From gold and silver, to oil and aluminum: Where analysts see prices now the Fed has cut rates
Analysts at both Citi and HSBC assessed how commodities performed historically when the U.S. Federal Reserve cuts rates.
Dow rises to close at fresh record, posts winning week after big Fed rate cut: Live updates
The 30-stock Dow eked out a gain on Friday, posting a fresh record close.
Tesla, Nvidia lead tech-heavy Nasdaq to one of best days of 2024 after Fed rate cut
Following the Federal Reserve’s interest rate cut, tech stocks had a slightly delayed rally but jumped on Thursday, with the Nasdaq climbing 2.5%.
Largest port on U.S. East Coast, New York/New Jersey, begins prepping for what could be first union strike since 1977
A deadline of Oct. 1 for a new deal between port workers and ownership is approaching, and after talks broke down during the summer, tensions are high.
Volatility looms as election season heats up. Fortify your portfolio against autumn market shocks
Thursday’s relief rally notwithstanding, a turbulent period probably awaits investors as the year winds down.
Bitcoin pops to $63,000 as investors digest long-awaited rate cut: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Elon Musk’s X and Starlink face nearly $1 million in daily fines for alleged ban evasion in Brazil
X and Starlink face daily fines of $5 million reals (about $920,000) for alleged ban evasion maneuvers by X in Brazil.
