Stock market today: Dow rises 462 points as stocks rally after Powell says rate cuts are coming
US stocks surged as Fed chair Jerome Powell signaled imminent interest rate cuts. Powell confirmed the dovish pivot in his…
How investors can prepare for lower interest rates: It’s ‘like getting a haircut,’ advisor says
Federal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start…
US stocks are overvalued because of unrealistic expectations for AI-powered economic growth, Vanguard says
Investors are too optimistic about the near-term prospects of AI, Vanguard said. Firms would need to growth profit by 40%…
DOJ sues software firm RealPage for allegedly helping landlords collude to keep rents high
The U.S. Department of Justice and eight states on Friday accused software company RealPage of unlawfully scheming to undermine competition…
More than 100 bacteria species can flourish in microwave ovens
Even the microwave oven in your kitchen is not immune to bacteria. The irradiating environment within a microwave oven might…
Watch live: Fed Chair Jerome Powell speaks from Jackson Hole conference
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’
Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact…
US stocks test record highs as Powell says ‘the time has come for policy to adjust’
US stocks tested record highs as Fed chairman Jerome Powell delivered his speech at Jackson Hole. Powell said the downside…
