Summary The FOMC surprised some market participants today by reducing the target range for the federal funds rate by 50 bps. Concerns about the state of the labor market appear to have been the primary Read more…
The Federal Reserve Open Market Committee (FOMC) cut the target range for the federal funds rate by 50 basis points (bps), to 4.75% to 5.00% and announced it would continue its balance sheet runoff. The Read more…
Making deals with prominent online personalities can be a blessing and a curse, and Amazon seems to be experiencing the negative repercussions of its high-stakes decision. In March, Amazon (AMZN) announced a deal with MrBeast Read more…
The Federal Reserve decided to cut interest rates for the first time in four years, and its decision Wednesday suggested more rate cuts are coming. This is great news for business, especially small businesses and Read more…
Let’s take a sentimental journey and renew some old memories. Back in the day — specifically Feb. 13, 2020 — the singer and actress Jennifer Lopez joined with retailer Designer Brands (DBI) to announce the JLO Jennifer Lopez collection, Read more…
From March 2022 through July 2023, the Federal Reserve raised interest rates 11 times. Rate increases often hurt the economy by making borrowing more expensive. And that economic pain often depresses corporate earnings, pushing down Read more…
What once started as a syrup produced by a local pharmacist in 1886 is now one of the most popular American soft drinks and the world’s largest non-alcoholic beverage manufacturing and distributing company. Coca-Cola is Read more…
With global warming continuing to impact temperatures in different parts of the country, it has been another year of wildfire danger in a number of national parks. At the end of July, Yellowstone National Park, Read more…
When it comes to automakers’ 2025 lineups, there are some excellent hybrid cars to consider for those in search of fuel-efficient vehicles. Automakers continue to make improvements to their hybrid models, such as start-stop systems Read more…
In a statement issued on Sept. 16, the United Auto Workers union (UAW) announced that it had filed unfair labor practice charges against Detroit Big Three automaker Stellantis (STLA) with the National Labor Relations Board (NLRB). Read more…