Nuacht

High Noon Recalls Certain 12-Packs, Some Cans Were Mislabeled as Celsius

Hard seltzer brand High Noon, which is part of Gallo, is recalling two production lots of variety 12-packs due to the inclusion of Celsius cans that were filled with vodka seltzer. High Noon said a ...

Probability of September rate cut slips below 50% during Powell's remarks

Fed-funds futures traders scaled back bets on a September rate cut as Federal Reserve Chair Jerome Powell spoke to reporters Wednesday afternoon and emphasized that policymakers were prepared to ...

Little-noticed Medicaid change in Trump’s tax law could burden seniors with thousands in medical debt

A change to Medicaid’s retroactive coverage under the One Big Beautiful Bill Act will disproportionately impact seniors, who ...

Treasury yields resume rise after Powell mentions risk of persistent inflation from tariffs

Wednesday's selloff in U.S. government debt regained momentum after Federal Reserve Chair Jerome Powell mentioned the possibility that the inflationary effects of tariffs could be more persistent. Two ...

Traders see opening for a September rate cut in Fed statement, even though Powell refuses to go there

The Federal Reserve's policy statement included a modest downgrade to the assessment of U.S. economic growth, providing an opportunity for many traders to stick by their expectations for a ...

U.S. dollar index highest since May as Powell speaks

The U.S. dollar was building on this week's rebound versus major rivals as Fed Chair Jerome Powell spoke to reporters and Treasury yields jumped. The ICE U.S. Dollar Index, a measure of the currency ...

Powell says upcoming jobs and inflation reports are key to potential interest-rate cut

Federal Reserve chief Jerome Powell said the likelihood of an interest-rate cut in September will depend on upcoming reports on jobs and inflation. "We'll get two full rounds of employment and ...

Dow drops nearly 175 points on losses in shares of Nike, 3M

Shares of Nike and 3M are trading lower Wednesday afternoon, sending the Dow Jones Industrial Average into negative territory.

There's risk to one part of Microsoft's business, a Guggenheim analyst says

Wall Street might be too upbeat about Microsoft's M365 commercial cloud business, according to Guggenheim's John DiFucci. June- and September-quarter estimates for that part of the company imply "a ...

Gold prices end lower as GDP data boost dollar, extend losses after Fed decision

Gold prices settled Wednesday with a loss as “trade and economic optimism” weighed on haven demand and boosted the dollar, Peter Grant, vice president and senior metals str ...

Annex Wealth raises question of whether there's a 'mutiny' at the Fed

Wednesday's policy statement from the Federal Reserve included a dissent by two officials that is now raising the question of whether there's been a "mutiny" at the central bank. That's according to ...

After Fed statement, fed-funds futures point to potential September rate cut

The federal-funds futures market indicated Wednesday afternoon that the Federal Reserve may cut interest rates in September, as the traders assessed the Fed’s latest policy statement. Traders in the ...