Atlanta Fed President Raphael Bostic on Thursday laid out the case for the central bank holding off from any interest-rate cut until the July-September quarter. Bostic said he has recently moved up his projected time to begin reducing the Fed’s benchmark rate to the third quarter from the fourth quarter…

© Reuters. FILE PHOTO: Foxconn logo is seen in this illustration taken, May 2, 2023. REUTERS/Dado Ruvic/Illustration/File Photo TAIPEI (Reuters) – Taiwan’s Foxconn, Apple (NASDAQ:)’s biggest iPhone assembler and the world’s largest contract electronics maker, expects its business this year to be “slightly better” than last year but is facing…

WASHINGTON (Reuters) -A top U.S. Energy Department official will testify at Feb. 8 Senate Energy Committee hearing looking into President Joe Biden’s pause on new approvals for liquefied (LNG) exports, the Energy Department said on Thursday. Biden paused the approvals last week so his administration can look into the environmental…

By Joe Bavier and Boureima Balima JOHANNESBURG/NIAMEY (Reuters) – Days after Burkina Faso, Mali and Niger announced last month they were quitting the West Africa political union ECOWAS, Burkina Faso’s military ruler Ibrahim Traore was already naming his next target: the region’s CFA franc currency. “It’s not just the currency.…

By Gertrude Chavez-Dreyfuss and Herbert Lash NEW YORK (Reuters) -The dollar retreated on Friday amid concerns about the strength of the U.S. economy after higher-than-expected producer prices raised expectations that the Federal Reserve will desist from cutting interest rates until at least the middle of the year. The rise in…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) As…

It’s been a great month for Eaton stock. The power management company notched a series of record highs during a lengthy post-earnings rally that saw shares surge 17% in February. So, what’s next? Some would take profits when a stock has been on a tear like this, but we’re holding…

With Hong Kong’s sky-high cost of living, residents like Andy Tsui have been looking for alternative ways to have more fun and spend less. And he’s found one. Recent weekends have seen him shopping at glitzy malls, singing at swanky karaoke joints and dining on the freshest Australian crayfish. Add…

Last updated: February 24, 2024 01:26 EST | 2 min read DePIN is taking off in a big way, and GameFi looks like the next breakthrough narrative. The rush has started to find the best cryptocurrencies to buy in these verticals, and everyone knows that in the bull market, narratives…

If you’re in your mid-50s or younger and are interested in retiring but you aren’t on track to save enough for a full retirement, you might want to consider “Coast FIRE.” It’s a variation on the “Financial Independence, Retire Early” (FIRE) strategy, where you make life choices that save a…