Tag: technology

Posts with tag: technology

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Anduril Industries Said to Seek $2.5 Billion in Funding at $28 Billion Valuation

Defense tech firm Anduril Industries is in talks to raise $2.5 billion in a new funding round that would double its valuation to over $28 billion.

Current Money Market Account (MMA) Rates: Overview and Top Picks

Compare today's money market account rates and find the best high-yield accounts to maximize your savings. See which accounts offer the highest APYs and earn up to 4% on your balance.

Fed 'May Be on Hold' But Sees Interest Rates Moving Lower Over the Next Year or Two, Chicago Fed President Says

Chicago Fed President Austan Goolsbee expects interest rates to move lower over the next 12-18 months despite the Fed potentially being on hold for now.

McDonald's Fourth Quarter 2024 Earnings Preview

McDonald's Q4 Results: Sales Miss, Outlook Uncertain Amid Value Menu Push

US Stocks Fall on Tariff Concerns and Inflation Fears

US stocks fell on Friday as the market digested the threat of more possible tariffs from the Trump administration and a jump in consumer expectations for inflation, overshadowing the monthly jobs report. The S&P 500 fell 1% as sentiment sank, while the tech-heavy Nasdaq Composite slid 1.4% in its worst day since January and its second week of consecutive losses. The Dow Jones Industrial Average also dropped more than 400 points, or 1%, marking its worst daily performance in four weeks.

Strong Labor Market Dampens Fed's Prospects for Interest Rate Cut in 2025

The US labor market remains resilient, with unemployment at a eight-month low, wages growing, and job gains revised higher. This suggests the Federal Reserve is unlikely to cut interest rates in the near term.

Hertz Wins Dismissal of Lawsuit Over Stock Warrants

Hertz wins dismissal of lawsuit over shareholder warrants

US Stocks Slide on Trump Tariff Fears, Consumer Inflation Concerns

US stock markets fell on Friday amidst worries about potential additional tariffs announced by the Trump administration, while simultaneously digesting a jump in consumer expectations for inflation and the letdown of a monthly jobs report.

Trade War Concerns Weigh on Oil, Third Weekly Decline

Oil prices fall for a third straight week amid US-China trade war concerns

Fed Officials Say Solid Job Market, Policy Uncertainty Warrant Caution on Rate Cuts

Federal Reserve officials note the strong job market but remain uncertain about the effects of new policies on economic growth and inflation, signaling no rush for interest rate cuts.