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Key Takeaways JPMorgan expects the Federal Reserve to cut interest rates by 25 basis points in September, despite CPI inflation risks. August CPI is projected at 2.9% year-over-year, with core CPI at 3.1%. Share this article JPMorgan expects the Federal Reserve to cut interest rates by 25 basis points in September despite lingering uncertainty around … Read more
Backed by the Trump family and mired in controversy, World Liberty Financial’s WLFI token is now attracting bullish calls from top traders despite its turbulent debut. Michaël van de Poppe sees the volatile newcomer staging a comeback, eyeing a move to $0.30 after bouncing from recent lows. WLFI’s price action has been anything but quiet: … Read more
Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history. What’s at stake is the near-term sentiment for financial markets, the longer-term path of the Fed’s policy trajectory, and a not … Read more
Boeing Co. expects more than 3,200 union workers at three St. Louis-area plants that produce U.S. fighter jets to strike after they rejected a proposed contract Sunday that included a 20% wage increase over four years. The International Machinists and Aerospace Workers union said the vote by District 837 members was overwhelmingly against the proposed … Read more
New Ram vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot in Miami, Florida. Joe Raedle | Getty Images Auto giant Stellantis expects a net loss of 2.3 billion euros ($2.68 billion) in the first half of the year amid pre-tax net charges and early effects of U.S. tariffs, the company said Monday in its … Read more
Shares of PepsiCo, Inc. (NASDAQ: PEP) gained over 6% on Thursday after the company beat expectations on both revenue and earnings for the second quarter of 2025. The beverage giant also maintained its revenue outlook for the full year but revised its guidance for core earnings per share. Here are the key takeaways from the … Read more
Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images South Korea’s Samsung Electronics on Tuesday forecast a 56% fall in profits for the second as the company struggles to capture demand from artificial intelligence chip leader Nvidia. … Read more
NEWYou can now listen to Fox News articles! Mexican President Claudia Sheinbaum said on Friday she expects boxer Julio Cesar Chávez Jr. to be deported to Mexico to serve a sentence for alleged arms trafficking and organized crime, after he was arrested by ICE in Los Angeles on Thursday. Chávez was found to be in … Read more
Micron Technology Inc. (NASDAQ: MU) has reported strong third-quarter results that beat estimates, and issued positive guidance. Data center revenue more than doubled amid continued strong growth in the demand for high-bandwidth memory chips, which has become a key growth driver for the company. The Idaho-headquartered memory chipmaker’s stock rose soon after the announcement this … Read more
Lilly expects orforglipron obesity results in third quarter
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