Tag: business news
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Here are the five big takeaways from Kevin Warsh’s first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
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Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026
The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.
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We’re buying more of one industrial-focused stock and booking some profits in another
These moves are consistent with what we said during Wednesday afternoon’s June Monthly Meeting.
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Fed holds rates steady, pares down statement to remove cutting bias
The Federal Reserve on Wednesday released its interest rate decision.
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JPMorgan says clients should be ‘aggressive buyers’ of this chip stock
Broadcom is trading at a relative discount, according to JPMorgan.
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Wells Fargo says investors need to prioritize income. Where it sees opportunity
Here’s how Wells Fargo would build a “resilient, multi-asset class income stream.”
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Amazon has lagged OpenAI and Anthropic, but AI chief sees path to catch up in ‘coming year’
Amazon’s Nova2 model is behind the latest releases from LLM leaders OpenAI and Anthropic.
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Trump says he likes idea of blaming Vance if Iran deal doesn’t work out
President Trump at the G7 summit said the memorandum of understanding reached with Iran “might not be the kind of document that I should be signing.”
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CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan
Despite the beats, questions remain about the company’s ability to grow and cut costs under the plan amid tougher market conditions, including margin pressure.
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UniQure to seek FDA approval for Huntington’s disease gene therapy after previous clash with agency
The announcement comes months after UniQure became embroiled in a public debate with FDA leaders over the clinical trial data supporting its application.
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