Finance

Fed’s Stephen Miran wants 5 interest rate cuts by end of 2025

Fed’s Stephen Miran wants 5 interest rate cuts by end of 2025

Federal Reserve Governor Stephen Miran said he believes the central bank should cut interest rates five times by year’s end, rendering him an outlier in the Federal Open Market Committee tas...

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XPO’s outlook at Moody’s held steady but outlook is now “positive”

XPO’s outlook at Moody’s held steady but outlook is now “positive”

LTL carrier XPO had its debt rating affirmed Thursday by Moody’s, but with one significant change: its outlook was adjusted upward to positive from stable. A positive outlook is often a precursor ...

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Apple, FedEx, Lennar, and More

Apple, FedEx, Lennar, and More

Annice Lyn / Getty Images Shares of Apple climbed as the tech giant’s new iPhone 17 went on sale around the world. The Dow, S&P 500, and Nasdaq edged higher Friday afternoon, leaving ...

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Elon Musk’s $1 trillion pay deal is ambitious — but so was his last ‘mammoth’ one, tech guru says

Elon Musk’s $1 trillion pay deal is ambitious — but so was his last ‘mammoth’ one, tech guru says

Tesla’s $1 trillion pay package for Elon Musk is reasonable if he achieves its goals, Eric Shiffer said. The tech guru said investors will be thrilled if the CEO hits the deal’s ch...

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Miran wanted a bigger Fed rate cut because ‘I don’t see any material inflation from tariffs’

Miran wanted a bigger Fed rate cut because ‘I don’t see any material inflation from tariffs’

New Federal Reserve governor Stephen Miran said Friday he favored a jumbo-sized interest rate cut at the central bank’s meeting earlier this week because he doesn’t see any inflation from tariffs...

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XRP Fund Notches Biggest ETF Debut of 2025—and Dogecoin Wasn’t Far Behind

XRP Fund Notches Biggest ETF Debut of 2025—and Dogecoin Wasn’t Far Behind

The first exchange-traded fund giving U.S. investors exposure to XRP had a roaring debut Thursday, bringing in close to $38 million in inflows in the best ETF launch of this year.  Rex Shares and...

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