Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a ...
Saturday, May 16, 2026
Tag: cut
Starbucks to cut production to five-day schedule at US coffee plants, Bloomberg News reports
(Reuters) -Starbucks is set to reduce weekly production at its five U.S. coffee roasting and packaging facilities by two days ...
Ethereum hits new all-time high after four years as Fed signals imminent rate cut
Key Takeaways Ethereum surged more than 14% to a record high after Powell’s Jackson Hole speech signaled that rate cuts ...
Fed Chair Powell Hints At Possible Incoming Rate Cut
Federal Reserve Chair Jerome Powell, in a closely watched speech at the Kansas City Fed’s annual conference in Jackson Hole, ...
Cleveland Fed president says she ‘would not see a case’ for September rate cut given latest economic data
JACKSON HOLE, Wyo. — Cleveland Fed president Beth Hammack said Thursday that the case for cutting interest rates in September ...
Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut
Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more ...
8 State Laws That Let Utility Companies Cut You Off Without Warning
When you fall behind on your utility bills, you might expect some kind of warning before the lights go out. ...
Trump’s tax cut could mean a nearly half-trillion-dollar cut to Medicare starting in 2027, CBO warns
The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare if Congress does ...
Weekly Mortgage Rates Fall As a September Rate Cut Seems Likely
Fixed mortgage rates fell for the second week in a row as markets bet on a September rate cut. The ...
Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut
Economist Marc Sumerlin, one of nearly a dozen reported contenders for Federal Reserve chair, said Thursday he'd be interested in ...
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