Finance

Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show

Federal Reserve officials in December concluded that interest rate cuts are likely in 2024, though they appeared to provide little…

The Fed is expected to cut interest rates in 2024. Here’s how investors can prepare

With U.S. Federal Reserve officials expecting to cut interest rates in 2024, there are steps investors can take now to…

Fed’s Barkin sees likely soft landing ahead but notes rate hikes still a possibility

Richmond Federal Reserve President Thomas Barkin on Wednesday expressed confidence that the economy is on its way to a soft…

‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with…

BYD beats Tesla for a second straight year after producing more than 3 million cars in 2023

BEIJING — BYD produced more than 3 million new energy vehicles in 2023, surpassing Tesla‘s production for a second straight…