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U.S. crude oil rises more than 1% after Fed cuts rates, Israel-Hezbollah tensions escalate
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Tag: | Federal Reserve |
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CNBC - Business
U.S. crude oil rises more than 1%, closes above $71 per barrel amid Fed rate cut optimism
The oil market is also bracing for the Fed's decision Wednesday on interest rates.2 days ago - Federal Reserve -
MarketWatch - Business
Oil futures trim losses after fall in U.S. crude inventories, Fed rate cut
Oil futures trimmed losses Wednesday, after government data showed U.S. crude inventories fell last week and the Fed delivered a half-point rate cut.Yesterday - Federal Reserve -
MarketWatch - Business
Oil prices rise after Fed delivers big interest-rate cut
Oil futures ended higher Thursday, a day after the Federal Reserve delivered a large interest-rate cut and set the stage for further easing of monetary policy.2 hours ago - Federal Reserve -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.2 days ago - Federal Reserve
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Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill
Nike CEO John Donahoe will retire from the company in October. He will be replaced by company veteran Elliott Hill.2 minutes ago -
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Tesla, Nvidia lead tech-heavy Nasdaq to one of best days of 2024 after Fed rate cut
Following the Federal Reserve's interest rate cut, tech stocks had a slightly delayed rally but jumped on Thursday, with the Nasdaq climbing 2.5%.1 hour ago - Federal Reserve -
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The Fed has set out on a 'recalibration' of policy. Here's what Powell's new buzzword means
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn't in response to a substantial economic weakening.2 hours ago - Federal Reserve -
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Masimo CEO Joe Kiani ousted from board after proxy fight; Politan wins two seats
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August home sales drop more than expected, as prices set a new record
The median price of an existing home sold in August was $416,700, up 3.1% from August 2023.6 hours ago