Fed Chairman Jerome Powell said the central bank is unlikely to have enough confidence about inflation to cut rates as soon as March.
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Fed Chairman Jerome Powell said the central bank is unlikely to have enough confidence about inflation to cut rates as soon as March.
Allen previously explored deals to buy ABC, television station operator Tegna and the National Football League's Washington Commanders.
DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve poured cold water on hopes for a "Goldilocks" scenario benefiting risk assets.
Disney claims Florida Gov. Ron DeSantis retaliated against its Walt Disney Resort when it criticized the so-called "Don't Say Gay" parental rights bill.
A fund intended to pay the legal bills of allies of Donald Trump has raised more than $1.5 million and spent just under $400,000, new records show.
The 10-year U.S. Treasury yield flickered around the 4% level.
Adidas won't write off the majority of its unsold Yeezy inventory after its breakup with Ye, the rapper formerly known as Kanye West, over antisemitism.
The Federal Reserve on Wednesday sent a tepid signal that it is done raising interest rates but made it clear that it is not ready to start cutting.
As the Federal Reserve sets the stage for rate cuts later this year, here's what that means for your credit card, mortgage rate, auto loan and savings account.
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in December.