News

Fed's Waller sees path to multiple interest-rate cuts this year
Waller is the most persistent voice on the Fed calling for easing. Most Fed officials who have spoken over the past few weeks have emphasized a "wait and see" stance because of how uncertain the ...
Fed's Waller Highlights a Path to 2025 Rate Cuts
The Fed has held interest rates steady so far in 2025 at 4.25% to 4.5% after lowering them by a percentage point over the last four months of 2024. Those cuts came as rising unemployment suggested the ...
Week Ahead for FX, Bonds: U.S. Jobs Data, Likely ECB Rate Cut in Focus
"With so many soft indicators pointing to a slump, modest confirmation of a slowdown from hard data should be enough to put [rate] cuts on the table," Standard Chartered's global head of G-10 FX ...
Oil prices jump after OPEC+ agrees to another sharp production hike
The production increases come after OPEC+ voluntarily cut output totaling 2.2 million barrels a day starting in January 2024 to support stability and balance in the oil market. It began phasing out ...
Australian Manufacturing PMI Shows Slower Expansion in May
The headline seasonally adjusted S&P Global Australia Manufacturing Purchasing Manager's Index posted above 50.0 for a fifth straight month in May to signal that manufacturing sector conditions ...
Rio Tinto Agrees to New Management Plan in Area Where It Destroyed Ancient Caves
SYDNEY--Rio Tinto has agreed to a new management plan with a local indigenous group that covers its iron-ore operations in an area of Australia's Pilbara region where it destroyed two ancient rock ...
It's my dream to travel to Africa. My husband says it's not on his bucket list. Do I pay for him or go alone?
'Should I save the money in case we eventually split up?' ...
Here's what's worth streaming in June 2025 as 'The Bear' and 'Squid Game' return
Hulu ($9.99 a month with ads, or $18.99 with no ads) ...
Here's what's worth streaming in June 2025 as -2-
It's another underwhelming month for Prime Video, headlined by "Deep Cover" (June 12), an action-comedy movie starring Bryce Dallas Howard as an improv comedy teacher who, along with two of her ...
My friend is getting divorced. Her husband kindly said, 'Take the house.' Is there a catch?
After my friend said that perhaps she'll just settle for the house, her husband agreed and moved to file for divorce quickly' I'm writing on behalf of a friend and family member who is going through a ...
Can media company spinoffs of brands like CNN and CNBC be good for investors? Here's what history tells us.
Over the succeeding years, News Corp offloaded its coupon-insert businesses, News America Marketing, as well as its Australian satellite-television company, Foxtel. It has also made headway in ...
Can media company spinoffs of brands like CNN -2-
The cable-TV spinoff being put together by Comcast - which is called Versant and will include USA Network, Syfy, Oxygen, E!, Golf Channel, CNBC and MSNBC - should be well set financially to start.