The stock market plunged on Wednesday after the Federal Reserve scaled back its expectations for interest rate cuts next year. The Dow Jones Industrial Average fell about 1,100 points, or …
© 2024Primetimepress. All rights reserved.
Tag:
cuts
-
-
Since General Motors acquired the San Francisco self-driving-tech developer Cruise in 2016, the Detroit automaker has poured more than $8 billion into creating a robotaxi service. Now GM is turning …
-
Business & Economy
Bank of England’s Bailey signals four interest rate cuts in 2025 if inflation cools
Andrew Bailey, governor of the Bank of England, at the central bank’s headquarters in the City of London, U.K., on Nov. 29, 2024. Hollie Adams | Bloomberg | Getty Images …
-
President-elect Donald Trump likely will return to cornerstones of his previous economic platform such as tariffs, lower taxes and sanctions when he assumes office in January, his former Treasury secretary …