Accenture stock falls 7% after Elon Musk’s DOGE cancels fed contract
Accenture warned on Thursday that Elon Musk's government efficiency-led cost-cutting measures will undermine revenue as multi-million dollar contracts are cancelled and stocks will fall 7%. Julie Sweet, CEO of the consulting giant, told investors that the company is experiencing a notable slowdown in securing new contracts from the US government. The US government contract accounted […]
Stock market today: Wall Street gives back some gains after the Fed extends interest rate pause – The Associated Press
BANGKOK (AP) – Wall Street markets on Thursday returned some of the profits from a day ago that the Federal Reserve declared the US economy healthy and left key interest rates changed. S&P 500 futures fell 0.4% before the Dow Jones Industrial Average bell and futures fell 0.3%. Nasdaq futures fell 0.5%. The discount retailer […]
“Would Be Much Better Off Cutting Rates” – Donald Trump Talks Fed Rate Cuts
The Pro Trump News homepage has 60 new headings every 24 hours. Click here to check. Donald Trump wants to see the Federal Reserve cut rate. “As Ustariff begins its path to the economy (easy!), the Fed will have far better cuts,” Trump said. True Society: The Ustariffs will shift their path to the economy […]
Bitcoin Price Forecast: BTC Whale demand surges $13B ahead of Fed Meeting, – FXStreet
Bitcoin prices rose 4%, reaching a 10-day peak of $85,900 on Wednesday, as the Federal Reserve decision to suspend the rate was in line with market expectations. IntotheBlock's on-chain chart shows that BTC's large transactions have increased by $13 billion since the beginning of the week. Bitcoin ETF saw over $500 million inflows in the […]
Slide in Chinese shares hampers Asian markets despite Fed optimism – Yahoo Finance
By Ray Wee SINGAPORE (Reuters) – Asian stocks struggled to build on Wall Street rally, plagued by weakness in the Chinese market on Thursday, as investors sentiment lifted two interest rate cuts this year by the prospect that they could still offer two interest rate cuts. The Fed on Wednesday remained unchanged in a widely […]
Fed keeps rates unchanged as Trump tariffs, economic concerns loom
The Federal Reserve stabilized interbank lending rates in the 4.25-4.5% range on Wednesday despite indications that the economy may be heading for a slowdown. The decision to keep the fees where they were was in line with market expectations. The CME FedWatch prediction algorithm based on futures contract prices will stabilize the Fed with a […]
Fed leaves interest rates unchanged as it warns on growth, inflation
The Federal Reserve did not change interest rates as it warned of economic growth this year and easing higher inflation. Maintaining interest rates in the target range of 4.3%, central bankers forecast two cuts this year on Wednesday. The Federal Open Market Committee signaled its sticking to an “appearing wait” approach, saying it “has increased […]
Fed Meeting Live Updates: FOMC Keeps Interest Rates Steady – The New York Times
The Federal Reserve did not change for its second meeting on Wednesday as officials stuck to previous forecasts. Two more cuts This year, despite mandating higher inflation and slower growth. The central bank's decision to hold interest rates in the range of 4.25% to 4.5% has extended its first suspension since January after a series […]
Dow jumps nearly 500 points after Fed keeps rates unchanged
Stocks rose on Wednesday after the Federal Reserve did not change fees as central banks and investors continue to assess how President Trump's tariff policies will affect economic growth. The Dow Jones industrial average jumped to 42,058 to 476 points (1.2%). The S&P 500 scored 1.4%, while Nasdaq reached 310 points (1.8%). The central bank […]
Fed Holds Rates Steady as Inflation Stays Stubborn, Growth Slows
The Federal Reserve remains stable at 4.25% to 4.5% in the second consecutive meeting, leaving benchmark interest rates unchanged on Wednesday, and officials signaled that inflation rates remained more sticky than expected, even as economic growth shows signs of slowing. The decision reflects growing uncertainty regarding the economic outlook. Fed officials have raised their 2025 […]