The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before the end of the year.With markets hoping for a more accommodative central bank, Federal Open Market Committee policymakers following their...
A view of Paramount Studios in Los Angeles, Sept. 26, 2023.Mario Anzuoni | ReutersNational Amusements stopped merger discussions between Paramount Global and Skydance this week — throwing into question what's next for the legacy media giant during a tumultuous period...
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021.Rebecca Cook | ReutersA humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for...
US President Donald Trump gestures as CEO of Bank of America Brian Moynihan (L) speaks during a meeting with banking leaders to discuss how the financial services industry can meet the needs of customers affected by COVID-19 at the White...
Igor Golovniov | Lightrocket | Getty ImagesBroadcom posted earnings for the second fiscal quarter on Wednesday that beat analysts' estimates. It also announced a 10-for-1 stock split, set to begin trading on a split-adjusted basis on July 15.The stock rose...
A holding page for Keith Gill, a Reddit user credited with inspiring GameStop's rally, before a YouTube livestream arranged on a laptop at the New York Stock Exchange (NYSE) in New York, US, on Friday, June 7, 2024. Michael Nagle |...
As the market awaits expected interest rate cuts from the Federal Reserve this year, at least one consumer finance company has gone in the opposite direction — raising rates on its one-year certificates of deposit. Last week, Sallie Mae boosted...
Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the bank's William McChesney Martin building on May 01, 2024 in Washington, DC. Chip Somodevilla | Getty ImagesThe Federal Reserve on Wednesday projected...
Interior of an Alamo Drafthouse Cinema theater.Alamo DrafthouseFor the first time in more than 75 years, a major Hollywood studio will own a movie theater chain.Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America, the...
The Fisker Ocean electric sports utility vehicle (SUV) during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, U.S., on Wednesday, Nov. 17, 2021. Kyle Grillot | Bloomberg | Getty ImagesElectric vehicle startup Fisker announced on Wednesday...
