Meta reported fourth-quarter earnings on Wednesday that topped estimates and issued stronger-than-expected sales guidance.
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Here are the five key takeaways from Wednesday’s Fed rate decision
The Federal Reserve wrapped up a two-day policy meeting Wednesday, delivering pretty much what the market expected.
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Federal Reserve signals no rush to cut rates as economy powers ahead
Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not ‘restrictive’
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Universal basic income needed to cushion blow from AI job losses, says UK minister
Lord Jason Stockwood had previously suggested that tech companies could pay a windfall levy to fund the payments
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Metals surge boosts value of mining groups by almost $500bn
Moves fuelled by surge in prices of precious and base metals triggered by heightened geopolitical tensions
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Federal Reserve issues FOMC statement
Federal Reserve issues FOMC statement
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Federal Open Market Committee reaffirms its “Statement on Longer-Run Goals and Monetary Policy Strategy”
Federal Open Market Committee reaffirms its “Statement on Longer-Run Goals and Monetary Policy Strategy”
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Trump lowered ‘temperature’ on Minnesota, wants to avoid shutdown: Bessent
President Donald Trump is contacting lawmakers and “urging them not to shut down the government,” Treasury Secretary Scott Bessent told CNBC.
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The precious metal feeding frenzy
Gold and silver are on a tear but buyer beware . . .
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Bessent says Trump administration still pursuing ‘strong dollar policy’
Greenback rebounds after Treasury secretary rejects speculation that Washington is intervening to boost yen