An eagle sculpture stands on the facade of the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Friday, Nov. 18, 2016. Andrew Harrer | Bloomberg | Getty Images On Wednesday stateside, the U.S. Federal Reserve is widely expected to lower its benchmark interest rates by a quarter percentage point to a range…
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A new residential complex under construction in Hangzhou, Zhejiang Province, China on October 20, 2025. Cfoto | Future Publishing | Getty Images BEIJING — Chinese policymakers are unlikely to shore up the country’s struggling real estate sector, analysts told CNBC, even as the housing slump drags on economic growth. The assessment comes as China’s top…
U.S. Representative Ro Khanna speaks during a press conference at the U.S. Capitol in Washington, D.C., on Nov. 18, 2025. Anadolu | Anadolu | Getty Images California Democratic Rep. Ro Khanna on Friday reintroduced a bill that would curb institutional investors from buying up housing, leveraging a similar call made recently by President Donald Trump. Trump said…
Video Details Nick Wright unveils his Mahomes Mountain QB Tiers going into the first week of NFL preseason action, including Joe Burrow slipping underneath Lamar Jackson and not being part of the league’s Top 4 QBs but rather only consisting of the Big 3 (Patrick Mahomes, Josh Allen, Lamar Jackson). 1 HOUR AGO・first things first・6:35…
Fox Corp. will launch its direct-to-consumer streaming service, Fox One, on Aug. 21, ahead of the NFL season, the company said Tuesday. The new streaming service will cost $19.99 per month, and pay TV subscribers will receive access for free, said CEO Lachlan Murdoch during the company’s earnings call. Fox One will host the entirety…
U.S. job cuts in October marked the worst layoffs since 2003, per a report from Challenger, Gray & Christmas. Jay Yuno | E+ | Getty Images AI-driven layoffs have become a dominant theme of 2025 as thousands of workers find themselves out of a job whilst companies go all-in on artificial intelligence. In October, tech…
Even though we’re only approaching the halfway mark of the 2025 NFL season, the MVP race feels as wide open as ever. Several quarterbacks have had standout performances this year to help put their team in a playoff position. Even quarterbacks whose teams have a losing record, like Dak Prescott, have put up monster numbers…
Signage is displayed outside Tegna Inc. headquarters in McLean, Virginia, on Friday, March, 13, 2020. Andrew Harrer | Bloomberg | Getty Images The Federal Communications Commission said on Thursday it has approved the sale of some local broadcast TV stations from Tegna to Nexstar. “By approving this transaction, which allows Nexstar to own less than 15% of…
Short and sweet: That was this week’s stock market in a nutshell. The second half of the year kicked off in record style, with both the S & P 500 and the Nasdaq closing at multiple all-time highs, including in Thursday’s holiday-shortened session. The U.S. stock market is closed on Friday for the Fourth of…
