Trump revives bid to fire Fed’s Cook over mortgage fraud claims
The VLCC Mobassa B (previously named Front Forth), one of the two tankers which the UAE defence ministry said was struck by Iranian cruise missiles while transiting the Strait of Hormuz, in Rotterdam, Netherlands, August 18, 2024, in this picture obtained by Reuters on July 14, 2026. Edwin van Werd | via Reuters Oil prices…
By Jonnelle Marte (Bloomberg) — Federal Reserve officials left interest rates unchanged, but a fractured vote signalled growing conviction among some policymakers that higher rates are needed to curb resurgent inflation. The Federal Open Market Committee voted 9-3 to hold the benchmark federal funds rate in a range of 3.5% to 3.75%. Dallas Fed President…
A 7-Eleven convenience store’s front is pictured in Los Angeles, California, November 20, 2024. Etienne Laurent | Afp | Getty Images Seven & i Holdings Co. shares gained over 3% Friday after a Nikkei report said the 7-Eleven parent was nearing a deal to buy a stake in Polish convenience giant Zabka Group. The potential…
World Foundation raised $52.5 million in new funding to bring World ID technology to organizations, consumers and artificial intelligence (AI) agents. The organization raised the new funding by selling to strategic investors WLD tokens that are subject to a one-year lockup, it said in a Friday (July 24) press release. World Foundation is the independent nonprofit steward of the World…
Mortgage rates moved slightly higher this week. But whether that feels like good news or bad news depends on one thing: when you started shopping for a home. The average rate on a 30-year fixed-rate mortgage rose four basis points to 6.51% APR in the week ending July 23, according to rates provided to NerdWallet…
Key Points Shares of RingCentral (NYSE: RNG) surged this past week after the cloud communications software provider announced strong gains in free cash flow and boosted its dividend. Image source: Getty Images. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia….