The Fed’s rate cut masked large internal differences about where policy is going

The Fed’s rate cut masked large internal differences about where policy is going

The Federal Reserve found plenty of unity this week to push through a quarter percentage point interest rate reduction, a decision that nonetheless masked substantial divisions among officials over what’s ahead. Countering Wall Street expectations for multiple dissents, the rate-setting Federal Open Market Committee on Wednesday voted 11 to 1 in favor of the reduction….

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Penélope Cruz, Bruce Springsteen, Walter Salles and Bowen Yang are 2025 Academy Museum Gala honorees

Penélope Cruz, Bruce Springsteen, Walter Salles and Bowen Yang are 2025 Academy Museum Gala honorees

Penélope Cruz, Bruce Springsteen, Walter Salles and Bowen Yang have been named the honorees of this year’s Academy Museum Gala, hosted by the Academy Museum of Motion Pictures Bruce Springsteen will take the stage as both performer and a guest of honor at one of Hollywood’s most prominent fundraising events, the Academy Museum Gala. The…

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Investor Joe Terranova likes Merck despite move to lower Januvia price

Investor Joe Terranova likes Merck despite move to lower Januvia price

Merck could still be a winning stock, despite the pharmaceutical company’s recent move to reprice one of its medications, Virtus Investment Partners chief market strategist Joe Terranova told CNBC’s ” Halftime Report ” on Monday. Terranova suggested he is still bullish on the stock, even after the firm agreed last year to reduce the price of diabetes…

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