by Elvis Guaman | Jan 29, 2025 | Domestic, Economics
The Federal Reserve is widely expected to hold interest rates steady at its upcoming FOMC meeting, following a series of three consecutive rate cuts at the end of 2024. Central bank officials are signaling that the current policy stance is appropriate for now, as they...
by Ming Mui | Jan 10, 2025 | Domestic, Economics, Events, Market News, Stock Market
Shares of major insurance companies took a sharp downturn on Friday, following reports that the wildfires ravaging California have become the most costly in U.S. history. The fires, which have destroyed thousands of structures across the state, are expected to cause...
by | Dec 13, 2024 | AI, AI, Investing News, Stock Market, Technology
Broadcom (NASDAQ: AVGO) has reached a major milestone, surpassing a $1 trillion market capitalization, following a 21% jump in its stock price. This surge came after the company reported extraordinary Q4 earnings, with a 220% year-over-year increase in AI revenue,...
by BUSINESSWIRE LIVE FEED | Mar 14, 2023 | Investing News, Market News, The Market Buzz
Southwest Airlines Co. (NYSE: LUV) has reported an overview of actions being implemented to increase the airline’s operational resiliency. These actions will be reviewed by Bob Jordan, the company’s President and CEO, at the J.P. Morgan Industrials Conference in New...