Spirit is slashing its November schedule by 25% and is bracing staff for more job cuts.… MORE
Category Archives: Top News
Intel surges 24% as Nvidia to invest $5 billion in chipmaker, co-develop data center and PC chips
Nvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC products with the troubled chipmaker.… MORE
David Tepper says Fed could cut a few more times, but easing too much risks entering ‘danger territory’
His comments come after the central bank lowered interest rates by a quarter point Wednesday, while signaling two more reductions are coming this year.… MORE
JPMorgan used AI to break down the Fed decision. It indicates the most dovish bent in years
Using AI to study language in the central bank’s statement and later remarks by Chair Powell, the bank decided the Fed is the most dovish it’s been since 2021.… MORE
S&P 500 climbs as investors jump back into tech post-Fed; Intel and Nvidia lead gains: Live updates
The moves follow a volatile day of trading Wednesday after the Fed, as anticipated, slashed its benchmark rate by a quarter percentage point.… MORE
American Express unveils refreshed Platinum card with $895 annual fee, upping the ante in luxury cards
American Express’ move highlights an arms race of sorts when it comes to catering to wealthy consumers. JPMorgan and Citi released updated or new cards recently.… MORE
Jim Cramer’s top 10 things to watch in the stock market Thursday
… MORE
The pomp and pageantry ends as Trump’s state visit gets down to business
Trump is heading to Chequers, the official country residence of Prime Minister Keir Starmer, for talks with the British leader and business delegations.… MORE
Intel surges 30% as Nvidia to invest $5 billion in chipmaker, co-develop data center and PC chips
Nvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC products with the troubled chipmaker.… MORE
Hassett says Fed made ‘prudent call,’ signaling White House OK with quarter-point cut
In a CNBC interview Thursday, Hassett noted that the administration, and new Fed Governor Stephen Miran, had been pushing for a bigger reduction.… MORE