Finance

San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens

San Francisco Federal Reserve President Mary Daly on Monday said she expects that interest rates will be cut later this…

Summer is ‘high season’ for flight delays. Here’s what travelers need to know

The summer travel season is in full swing, often bringing more flight delays and cancellations. But travelers may be out…

JPMorgan Chase is opening more small-town branches in middle America

Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm…

Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’

Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in…

Apple shares drop nearly 5% after Warren Buffett’s Berkshire Hathaway slashes stake by half

Warren Buffett sent shockwaves through the investing world over the weekend by slashing his big Apple stake by half, causing…

ETF inflows set record high in July, State Street Global Advisors finds

It’s a July for the record books. State Street Global Advisors finds inflows into exchange-traded funds hit $127 billion. Not…