WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated.
The Fed also now expects the economy to grow more slowly this year and next than it did three months ago,
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White House National Economic Council Director Kevin Hassett discusses tariffs and recession fears during his wide-ranging interview on ‘Mornings with Maria.’
The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to assess uncertainty around inflation and economic conditions in light of federal policy shifts.
Susquehanna analyst Charles Minervino lowered the firm’s price target on Fluence Energy (FLNC) to $8 from $10 and keeps a Positive rating on the shares. The firm updated estimates and price targets before Q1 earnings for the alternative energy names. The analyst remains cautious on the industry given tariff and Investment Tax Credit repeal risk.
» Read more about: Fluence Energy price target lowered to $8 from $10 at Susquehanna »
Shares of Adani Green Energy rose over 5% on Tuesday on announcement of its operational performance for the financial year 2025. The company reported a 30% rise in operational capacity, bringing it to 14.2 GW compared to the previous year. Adani Green plans to expand its capacity further by adding another 1 GW,
» Read more about: Adani Green Energy shares rise 5% on FY25 business updates, check details »
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show (CES) in Las … More
» Read more about: Nvidia Stock Could Fall If 145% China Tariff Drives Price Increases »
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The Social Security Administration said on Tuesday that people seeking retirement or survivor benefits could continue to file applications over the phone, reversing a much criticized change that was expected to force tens of thousands of Americans to visit offices in person each week.
The agency has been in a state of tumult ever since Elon Musk’s so-called Department of Government Efficiency arrived inside its headquarters,
» Read more about: Social Security Rolls Back Restrictions on Filing for Benefits by Phone »
