Fed Governor Lisa Cook said she “whole heartedly” supported last week’s 50bps rate cut, emphasizing that it was a reflection of “growing confidence” in Fed’s ability to balance a solid labor market with moderate economic growth. Cook noted in a speech overnight that the cut aligns with the ongoing progress towards bringing inflation back down […]
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Much like the computer industry at large, Michael Dell’s wealth has grown substantially in the 40 years since he started selling computer parts from his dorm room at the University of Texas. The way Michael Read more…
Ford Motor Co. (F) recently halted production of its F-150 electric pickup trucks until early January 2025 after sales for the model slipped in October. If you’re looking for alternatives, there are other electric pickup Read more…
McDonald’s (MCD) is switching gears during a time when an alarming consumer trend is hurting its pockets. An increasing number of consumers, convinced inflation at fast-food restaurants is out of control, are opting instead to Read more…