Waller, in the running for chair, says Fed should start cutting this month and can adjust pace
“I think we need to start cutting rates at the next meeting,” Waller said. “We don’t have to go into a lock sequence of steps.”
Jim Cramer’s top 10 things to watch in the stock market Wednesday
Apple and Alphabet are up big on the antitrust remedy decision.
Boeing 737 Max crash victims’ families make final plea to scrap DOJ deal
Justice Department lawyers maintain that the families of 110 crash victims either support a pre-trial resolution or do not oppose the non-prosecution agreement.
Translation startup DeepL launches an AI ‘agent’ in challenge to players like OpenAI
DeepL launched the AI DeepL Agent on Wednesday aimed at enterprises, pitting it against companies like Microsoft and Anthropic.
Here are Wednesday’s biggest analyst calls: Apple, Alphabet, Chipotle, Western Digital, McDonald’s & more
Here are the biggest calls on Wall Street on Wednesday.
Walmart-backed fintech OnePay is adding wireless plans to its everything app
The OnePay launch is the latest example of a fintech firm adding wireless connectivity to its product set; Klarna and Nubank have made similar announcements.
Maine mass shooting survivors to file negligence lawsuit against the U.S. government
The complaint will allege the military and others failed to respond to warning signs and a threat in 2023 that Army reservist Robert Card would commit a mass shooting.
Bank of America raises price targets for Alphabet and Apple after Google avoids antitrust breakup
Apple and Alphabet traded higher in the premarket.
Mortgage demand from homebuyers pulls back, after four weeks of gains
Lower mortgage rates did very little to move mortgage demand out of a rut it’s been in for weeks. Potential buyers need much lower rates to make a difference.
30-year Treasury yield tops 5% briefly as traders deal with tariff uncertainty, Fed independence threat
U.S. Treasurys were little changed on Wednesday, but long-dated bonds hovered just below the 5% mark.