Breaking News: Economy

Databricks nears multibillion funding round at $55 billion valuation

Ali Ghodsi, co-founder and chief executive officer of Databricks Inc., speaks during a Bloomberg Technology television interview in San Francisco…

Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate…

Trump’s proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates

President-elect Donald Trump speaks at the U.S.-Mexico border on August 22, 2024 south of Sierra Vista, Arizona.  Rebecca Noble |…

Saudi Arabia keep pace with its mega-project spending spree?

Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM In Saudi Arabia’s northwestern desert, a sprawling…

Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary

Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on…

RDDT, SMCI, INTU and more

Check out the companies making headlines in midday trading. Elastic – Shares surged about 15% after the software company topped…

Trump might name Kevin Warsh as Treasury chief then Fed chair later, report says

Kevin Warsh Jin Lee | Bloomberg | Getty Images President-elect Donald Trump is considering naming Kevin Warsh as Treasury secretary…

Stocks making the biggest moves midday: NFLX, GOOGL, NVDA, BJ

Check out the companies making headlines in midday trading. Nvidia — Shares of the chipmaker dipped about 1% in midday…

SNOW, NVDA, BJ and more

Check out the companies making headlines before the bell. Snowflake – Shares surged more than 21% following the company’s better-than-expected…

Stocks making the biggest moves midday: TGT, NVDA, APP, WSM

Check out the companies making headlines in midday trading: Williams-Sonoma — The home goods retailer soared about 29% after beating…