Fed’s Bowman says rate cuts are concerning
By Ann Saphir (Reuters) – Federal Reserve Governor Michelle Bowman on Wednesday expressed discomfort with the U.S. central bank cutting interest rates while inflation continues to run above the Fed’s…
Goldman Sachs CEO Solomon sees robust capital markets next year, CNBC reports
(Reuters) – Goldman Sachs CEO David Solomon expects capital markets to be more robust in 2025, he said in an interview with CNBC on Wednesday, joining a wave of positive…
Tired of your Instagram feed? here’s how to refresh and reset it
Instagram, the popular social media platform owned by Meta, is testing a new feature aimed at giving users more control over their personalized feeds. This update, referred to as a…
Why is Comcast spinning off its cable network channels?
Comcast Corp (NASDAQ: CMCSA) is in focus today after announcing plans to separate its cable network channels amidst a mass exodus of customers from its TV business. The media…
Why is inflation in Nigeria rising so quickly?
Inflation in Nigeria has accelerated at a troubling pace, reaching 33.9% year-on-year in October, up from 32.7% in September. This marks one of the steepest rises in recent months, raising…
How long until Netflix stock hits $1,000?
Netflix Inc (NASDAQ: NFLX) has been an exceptionally lucrative investment since 2022. Some of its investors have even been able to 5x their capital in less than three years. But…
Ford to cut 4,000 European jobs, including 800 in the UK
Ford Motor Company has unveiled plans to slash 3,800 jobs across Europe by the end of 2027, as it grapples with the challenges of electrification and increasing competition from Chinese…
Trump taps former acting AG Matthew Whitaker as NATO ambassador
President-elect Trump on Wednesday tapped former Acting Attorney General Matthew Whitaker to become U.S. ambassador to the North Atlantic Treaty Organization (NATO) in his new administration. Trump described Whitaker, who…
Zelenskyy answers whether he’s willing to cede Crimea, other territory in peace deal
Ukrainian President Volodymyr Zelenskyy told Fox News that his country ‘cannot legally acknowledge any occupied territory of Ukraine as Russian,’ when asked if he was willing to cede land as…
Sprint to confirm Trump nominees kicks off in January
How many? And how fast? That’s the question for the Senate in early January as it will sprint to confirm as many of President-elect Donald Trump’s nominees as possible. Senators…