People in China are rushing to buy preowned computers to try OpenClaw with demand for MacBooks particularly high, according to one reseller.
Europe’s central banks are no longer in a ‘good place’ as Iran war upends forecasts
The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.
Here are the five key takeaways from this week’s Fed meeting
While no one expected the Fed to cut — much less hike — at this meeting, the market always looks for clues about what’s next.
Fed votes to hold rates steady, notes ‘uncertain’ impacts from Iran war
The Federal Reserve on Wednesday released its decision in interest rates.
Fed still expects to cut rates once this year despite spiking oil prices
The central bank’s so-called dot plot showed a median estimate of 3.4% for the federal funds rate, the same as at the end of last year.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in January.
Stocks making the biggest moves midday: Williams-Sonoma, Micron, Macy’s, SL Green & more
These are the stocks posting the largest moves midday.
JPMorgan Chase taps Dwyane Wade, Tom Brady for new athlete wealth management push
JPMorgan’s move reflects growing competition among banks and wealth managers to serve athletes, who are increasingly becoming entrepreneurs and investors.
Expectations for the next Fed rate cut get pushed back after hot inflation report
Futures markets took any realistic chance of a cut off the table until at least December.
Wholesale prices rose 0.7% in February, much more than expected and up 3.4% annually
Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy prices.