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The Federal Reserve has not yet cut interest rates because economic forecasts predict a “meaningful increase in inflation over the course of this year,” chair Jerome Powell said during a congressional hearing on Tuesday. So far this year the Fed has not touched interest rates, keeping its target rate at its current level of between … Read more
Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! We all know somebody who’s obsessed with their pet. Whether they’re constantly showing pictures of Ozzie or weaving Fido’s mannerisms into every conversation, pet lovers are some of the most endearing folks. That said, it … Read more
Shares of Chewy, Inc. (NYSE: CHWY) stayed red on Thursday. The stock has dropped 2% over the past three months. The pet products company ended fiscal year 2024 on a strong note with solid results for the fourth quarter and full year. It also made significant progress on its strategic priorities. Chewy expects this momentum … Read more
Nvidia CEO Jensen Huang downplayed the negative impact from President Donald Trump’s tariffs, saying there won’t be any significant damage in the short run. “We’ve got a lot of AI to build … AI is the foundation, the operating system of every industry going forward. … We are enthusiastic about building in America,” Huang said … Read more
The White House on Monday downplayed the weeks long stock market sell-off, insisting that recent moves by business leaders suggest a brighter outlook for the U.S. economy. “We’re seeing a strong divergence between animal spirits of the stock market and what we’re actually seeing unfold from businesses and business leaders,” a White House official told … Read more
Europe needs special Ukraine envoy to get meaningful peace role, Finland says after US rebuff
Peter Kramer/NBC Savannah Guthrie brought Hoda Kotb to tears with a Christmas gift during the Today show. The Today cast opened their Secret Santa gifts during the show’s broadcast on Wednesday, December 25. Guthrie, 52, revealed she had Kotb, 60, and the emotional gift had everyone feeling some type of way. “This is for me? … Read more
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