Wednesday, July 15, 2020
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Fed cuts rates for third meeting in a row, signals pause

By BloombergFed Chairman Jerome Powell said monetary policy 'is in a good place.'The Federal Reserve cut its benchmark interest rate for the third...

Why the Fed needs to keep chopping interest rates, according to...

ByIt's Fed day, and the overwhelming (but not universal) consensus is that the U.S. central bank will cut interest rates by a quarter-point...

AMD looks like a bright star in a darkened chip sector

ByAdvanced Micro Devices Inc. rode the success of new chips to its best quarterly results in years on Tuesday, making it the shining...

The internet was born 50 years ago – this timeline tracks...

ByA previous version of the graphic in this story misaligned the dates with some of the milestones for Google, Facebook and Twitter. The...

Grubhub says customers are spreading their business among competitors, stock tanks...

ByGrubHub Inc. stock plummeted 43.3% in Tuesday trading after the company explained in a shareholder letter that customers are spreading their business across...

Kanye West, with debt piling up, thanks God for $68 million...

ByKanye West, with a reported net worth of $240 million, has been making headlines lately for his Sunday Service, an invitation-only event that...

Google parent Alphabet’s stock falls, but big earnings miss doesn’t sway...

ByAlphabet Inc. reported a big third-quarter earnings miss, but the Google parent's shares bounced sharply off their worst levels, as a gaggle of...

Starbucks earnings preview: A Nitro-powered quarter will drive U.S. same-restaurant sales

By StarbucksThe Nitro Cold Brew was rolled out with a giveawayStarbucks Corp. is scheduled to report fiscal fourth-quarter earnings on Wednesday after the...

Bond investors confident of Fed rate cut this week but pare...

ByIf the Federal Reserve cuts interest rate for the third time this year on Wednesday, don't expect further easing on the cards. That's the...

Natural-gas futures rally to highest finish this month

ByNatural-gas futures rallied Monday to their highest settlement so far this month and biggest one-day climb since mid-January.Expectations for higher demand for the...