The “Fed” refers to the Federal Reserve System, the central banking system of the United States. It manages monetary policy, regulates banks, and maintains the stability of the country’s financial system, impacting interest rates, inflation, and overall economic health.
A federal court has issued an injunction against West Virginia-based Soul Vapor LLC and its owner, Aurelius Jeffrey, prohibiting them from manufacturing, distributing, or selling unauthorized nicotine vaping products. The…
The U.S. Food and Drug Administration (FDA) and the Federal Trade Commission (FTC) have issued warnings to five companies in a joint effort to halt the illegal sales of copycat…
The Dow Jones Industrial Average surged to an all-time high in intraday trading on Tuesday, buoyed by several robust earnings announcements. Meanwhile, the S&P 500 also posted gains, while the…
For the past few years, sellers have dominated the U.S. housing market, but recent trends suggest this may be changing. A new report from Zillow reveals that one in four…
US stock futures indicated gains as investors bet on a second Donald Trump presidency and awaited US retail sales data expected to influence the Federal Reserve’s rate cut decision. S&P…
JPMorgan Chase & Co. has kicked off a significant wave of bond issuance by selling $9 billion in the U.S. investment-grade market. This marks the first major offering from Wall…
As global financial markets reopened following the attempted assassination of Donald Trump, a surge in the so-called “Trump trade” seemed inevitable. Investors, banking on Trump’s potential return to the White…
PepsiCo reported higher-than-expected earnings for the second quarter of 2024, but noted a drop in consumer purchases of its snacks and drinks after two years of consistent price hikes. The…
The S&P 500 and Nasdaq, riding a record-breaking winning streak, faced downward pressure on Thursday as a selloff in technology shares weighed on investor sentiment. Meanwhile, the Dow Jones Industrial…
Tropical Storm Beryl, which made landfall in Texas on Monday after being downgraded from a hurricane, has unleashed widespread disruptions across various sectors. Impact on Air Travel Houston and Dallas…
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