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Dow closes nearly 400 points higher after Fed says two rate cuts are still in the cards for 2025: Live updates
Stocks rose on Wednesday after the Federal Reserve indicated two rate cuts are still in its forecast for 2025.
'Transitory' is back as the Fed doesn't expect tariffs to have long-lasting inflation impacts
Fed officials see inflation moving up this year more rapidly than previously expected, but they also expect the trend to be short-lived.
DOGE doxx site maps 'Musk World' as Trump AG threatens Tesla vandals with federal charges
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a story from CNBC › World News
Tesla CEO Elon Musk spent hundreds of millions to help President Donald Trump win a second term. His electric vehicle maker is paying a price for that.
Fed holds interest rates steady, still sees two cuts coming this year
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.
Federal judge transfers Columbia student activist's case to New Jersey
Mahmoud Khalil, a legal U.S. resident with no criminal record, was detained by federal immigration agents over his participation in pro-Palestinian protests.
Union sues Trump administration for shutting down student loan repayment plans
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The American Federation of Teachers is suing the U.S. Department of Education for shutting down access to affordable repayment plans for student loan borrowers.
One group of stocks in the financial sector is up even as markets get hit in past month
Insurance stocks have beaten the S&P 500 lately, despite rising fears of a recession.
Microsoft announces new HR executive, company veteran Amy Coleman
Microsoft's incoming chief people officer, Amy Coleman, led the development of Microsoft's human resources response to Covid and its hybrid work approach.
XRP surges after Ripple CEO Brad Garlinghouse says SEC is dropping its lawsuit against the company
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Ripple CEO Brad Garlinghouse said Wednesday that the SEC is no longer pursuing its appeal in the case against the payments company.
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