Federal Reserve faces tough balancing act between fighting inflation and spurring economic growth
By CHRISTOPHER RUGABER, Associated Press Economics Writer
WASHINGTON (AP) — The Federal Reserve could keep its key rate unchanged for several more months as it evaluates the impact of President Donald Trump’s widespread tariffs on hiring and inflation, some economists say, even as the White House pushes for a rate cut.
Read MoreSorry, but Tariffs Are the Least of Apple's Problems Right Now
Apple (NASDAQ: AAPL) shares fell following last week’s release of the numbers for its fiscal second quarter (which ended March 29) —
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Read MoreWarren Buffett's $174 Billion Warning to Wall Street Grows Louder — and Not Even an S&P 500 Correction Has Quieted It
Bill Ackman vs. Wall Street: Who's Right About the Stock That Doubled After the Billionaire Bought It?
Billionaire Bill Ackman is known for making big contrarian bets on Wall Street, including piling into Chipotle Mexican Grill when it was still reeling from the E. coli crisis, and shorting Herbalife on concerns about its business.
Now, Ackman is shaking up Wall Street again, taking a 19.8% stake in Hertz Global Holdings (HTZ -0.56%).
Tesla Rides Market Rally Back Into $1 Trillion Club
Tesla (TSLA) shares surged Monday, pushing the company’s market capitalization back above $1 trillion, amid a broad market rally after the U.S. and China agreed to temporarily lower tariffs.
Shares of Tesla rose nearly 7% to close at $318.38 Monday, bringing the company’s market cap to $1.02 trillion.
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Read MoreThe Burst
Buffett Stock Near $100 With 36% Upside
Amazon is a retail behemoth that extends far beyond the realm of eCommerce. From cloud and storage services to analytics and third-party selling, Amazon has a diverse portfolio that generates billions of dollars in revenue each year. And with the backing of investment legend Warren Buffett, now is the time to consider buying Amazon shares before they reach fair value.
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Read MoreThe Ivy
Market Commentary: 1 Laser Pioneer Has Huge Upside
IPG Photonics has carved out a niche in the laser technology industry and today stands head and shoulders above its peers, not least because of its extensive patent portfolio, featuring over 1,700 patents. Combined, these create an intellectual property fortress that not only protects the firm’s innovations but also presents a barrier to entry for competitors.
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