Money

Federal Reserve Meeting Minutes Show Increasing Support for Interest Rate Cuts

Key Takeaways The minutes of the Federal Reserve’s late-July policy meeting show that most officials supported possible interest-rate cuts at…

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Snowflake Reports Widening Losses, Sending Its Stock Lower

Key Takeaways Snowflake’s second-quarter revenue grew from the year-ago period and beat analysts’ projections, but losses widened as costs rose. …

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Nvidia Expected To Post Another Strong Quarter on AI Demand, Analysts Say

Key Takeaways As investors wait for Nvidia to report its fiscal second-quarter results, Raymond James analysts said they expect a…

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Keysight Technologies Stock Soars as Orders Show Resilience

Key Takeaways Keysight Technologies shares soared after the provider of electronic testing products beat quarterly sales and profit estimates. Orders…

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How Ford Is Retooling Its Electric Vehicle Plans

Key Takeaways Ford on Wednesday said it had canceled plans for a three-row all-electric SUV as part of a reshuffling…

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Amex Stock Drops as BofA Analysts Warn of Weak Consumer Spending

Key Takeaways American Express (Amex) has “limited incremental upside,” according to Bank of America Securities (BofA) analysts. The investment firm…

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Federal Court Blocks Noncompete Ban, For Now

Key Takeaways A federal court has struck down a Federal Trade Commission rule that would have banned noncompete clauses in…

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Franklin Resources Stock Sinks as SEC Investigates Co-CIO of $2B Unit

Key Takeaways Ken Leech, the co-CIO of a Franklin Resources unit, took a leave of absence after receiving a Wells…

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What We Learned from Target and Other Retail Earnings Reports Wednesday

Consumers are still feeling thrifty, but they may be starting to spend more freely. That was one takeaway from earnings…

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Unilever Recalls Some Jolly Rancher Popsicles Because They May Contain Milk

Key Takeaways Unilever has recalled about 137,000 cases of its single-serve Popsicle Jolly Rancher Frozen Confection Pop products because they…

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