Than Rate Cuts
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CNBC - Business
China likely needs more than rate cuts to boost economic growth
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.3 hours ago - China -
The New York Times - Business
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.4 days ago - Federal Reserve -
The New York Times - Business
GE Vernova May Cut 900 Offshore Wind Jobs as It Scales Back
The company, a spinoff from General Electric, has been plagued by financial losses in its wind unit and, more recently, accidents involving the failure of turbine blades.4 days ago -
The Wall Street Journal - Business
Japan Gears Up for More Than $3 Billion of IPOs in October
Two Japanese companies will soon start testing investors’ appetite for their shares, with one of the listings likely to be the country’s largest this year.4 days ago - Japan -
The Wall Street Journal - Business
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.5 days ago -
The Wall Street Journal - Business
Mercedes-Benz Cuts Full-Year Outlook
The German luxury carmaker said the move was triggered by the further deterioration of the macroeconomic environment, specifically in China.5 days ago