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Fed cuts rate but future easing uncertain – BBC
Danielle KayeBusiness reporter Reuters The US Federal Reserve has lowered interest rates for the third time this year, even as internal divisions create uncertainty about additional cuts in the coming months. The central bank said on Wednesday it was lowering the target for its key lending rate by 0.25 percentage points, putting it in a…
SUBARU UNVEILS ALL-NEW, ALL-ELECTRIC, THREE-ROW 2027 SUBARU GETAWAY WITH 420 HORSEPOWER, MORE THAN 300 MILES OF RANGE, STANDARD ALL-WHEEL DRIVE – media.subaru.com
Subaru of America, Inc., today unveiled its all-new, all-electric 2027 Subaru Getaway at the 2026 New York International Auto Show. The most powerful production Subaru, the all-new Getaway is perfect for a rapid getaway with room for the whole family on a blast through Yellowstone. The 420-horsepower 2027 Subaru Getaway is the fourth electric vehicle…
China consumer inflation rises less than expected in January as producer price deflation persists – CNBC
Chinese consumers are experiencing “luxury shame” similar to what happened in the U.S. during the 2008-09 financial crisis, according to a June Bain and Company report. Jade Gao | Afp | Getty Images China’s consumer inflation rose less than expected in January while the deflation in producer prices persisted, in a sign of continued deflationary…
Dow CEO: “The die is cast” from Iran war for high petrochemical prices through the end of 2026 – Fortune
Petrochemical price spikes and shortages from the Iran war likely will cause inflationary effects at least through the end of the year on construction materials, consumer goods, the automative and aerospace industries, and much more, the CEO of chemical manufacturing giantDow said. While much of the global supply-shock focus is on oil, natural gas, fertilizers,…
Oil trades surged just before Trump’s post on Iran talks. Some experts are suspicious. – CBS News
Financial markets experts are raising concerns about possible insider trading after an unusual spike in oil futures trading only minutes before President Trump announced talks with Iran on Truth Social. Mr. Trump’s announcement, which he posted on social media shortly after 7 a.m. EST on Monday, caused oil prices to tumble and the Dow Jones…
Nvidia slumps to fresh lows after Jensen Huang affirms plans to invest in OpenAI – Sherwood News
Nvidia is on track for its worst loss since late November, with shares extending losses after CEO Jensen Huang said the chip designer’s plan to invest in OpenAI is “on track.” “There’s no drama involved,” he told CNBC. “Everything’s on track.” With all due respect, there’s definitely some drama. On Friday, The Wall Street Journal…
