WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional cuts in coming years. In a move widely anticipated by markets, the...
Check out the companies making headlines in midday trading. Nvidia – Nvidia shares dropped 1.1%, reversing an earlier gain that had pushed the stock briefly out of correction territory. Shares have surged more than 160% since the start of 2024. General Mills — The...
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., November 7, 2024. Annabelle Gordon | ReutersThe Federal Reserve on Wednesday...
Check out the companies making headlines before the bell. General Mills — The maker of consumer food products such as Cheerios and Cocoa Puffs sank 5% after trimming its outlook for 2025. General Mills said it now expects adjusted earnings per share to fall between 3%...
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024.Emanuele Cremaschi | Getty Images News | Getty ImagesItaly’s UniCredit said on Wednesday it has raised its potential stake in Commerzbank to 28% using...
