The Federal Reserve announced on Wednesday that it will keep its interest rates intact. The decision comes after the Fed made three consecutive rate cuts towards the end of 2024 and brought its benchmark rate in the range of 4.25% to 4.5%.
The Federal Open...
The Consumer Price Index (CPI) rose slightly above expectations in December, but showed an encouraging trend in underlying inflation.
The CPI increased by 0.4% on a seasonally adjusted basis in the last month of 2024 compared to a 0.3% jump in November while putting the...
Charlotte, North Carolina-headquartered conglomerate Honeywell International is reportedly making plans to split into two separate publicly traded companies. The decision came after pressure from activist investor Elliott Management.
According to Bloomberg, Honeywell intends to split its operations into one company that will focus on automation...
After aggressively cutting interest rates in the second half of 2024, the U.S. Federal Reserve is expected to take a measured and patient approach in 2025. Federal Reserve Bank of Boston President Susan Collins is one of the officials supporting this course.
In a recent...
Getty Images and Shutterstock, the two biggest companies in the stock photography industry, agreed to a merger in a deal valued at $3.7 billion. With the tie-up, the two companies are looking to cut costs and grow their business while being better positioned for...
Streaming television service FuboTV will merge with Walt Disney’s Hulu + Live TV, creating one of the biggest digital pay-TV platforms in the United States. The deal sent Fubo TV stock soaring 240% on Monday.
According to the agreement between the two companies, Disney will...
