Finance

New Zealand economy weaker than expected in second quarter, contracts 0.9%

New Zealand economy weaker than expected in second quarter, contracts 0.9%

By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s economy shrank more than expected in the second quarter as heightened uncertainty around U.S. tariffs and ongoing weakness in the housing...

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‘Pharma bro’ Martin Shkreli is betting against retail traders’ favorite meme stock

‘Pharma bro’ Martin Shkreli is betting against retail traders’ favorite meme stock

Drew Angerer/Getty Images Martin Shkreli is betting against Opendoor stock. Once convicted of securities fraud, Shkreli now focuses primarily on stock trading. He shared a short positi...

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Miran’s Fed dissent makes a splash, fails to sway the outcome

Miran’s Fed dissent makes a splash, fails to sway the outcome

(Reuters) -If President Donald Trump hoped that putting a close ally at the Federal Reserve would grab headlines, White House economic adviser Stephen Miran’s dissent and way-below consensu...

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Dow, S&P 500, Nasdaq futures rise after Fed lowers rates, signals more cuts ahead

Dow, S&P 500, Nasdaq futures rise after Fed lowers rates, signals more cuts ahead

US stock futures rose after the Federal Reserve cut interest rates for the first time this year. Policymakers lowered rates by a quarter percentage point, bringing its benchmark interest rate to ...

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Cracker Barrel expects weaker sales and restaurant traffic after logo controversy

Cracker Barrel expects weaker sales and restaurant traffic after logo controversy

Cracker Barrel said Wednesday it expects lower sales and weaker customer traffic in the coming year as the controversy over its planned logo change continues to play out. In a conference call with...

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The Fed Cut Interest Rates Wednesday, But the Path Ahead Is Much Less Clear

The Fed Cut Interest Rates Wednesday, But the Path Ahead Is Much Less Clear

Yasin Ozturk / Anadolu / Getty Images Federal Reserve Chair Jerome Powell speaks at a news conference on September 17, 2025 Markets fastidiously try to gauge what the Federal Reserve will ...

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