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Federal Reserve Chair Jerome Powell. Chip Somodevilla | Getty Images Federal Reserve officials get to voice their outlook this week on the future path of interest rates along with the impact that tariffs and Middle East turmoil will have on the economy. While any immediate movement on interest rates seems improbable, the policy meeting, which…
Colorful display of All Star Converse sneakers in shoe store, Manhattan, New York. Lindsey Nicholson | Universal Images Group | Getty Images Would you be bothered if your coat was officially classified as a windbreaker or a raincoat, or your shoes as slippers? Businesses do care though, as classifications under a preferred category can help…
WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year. With markets expecting no chance of a central bank move this week, the Federal Open Market Committee kept its key borrowing rate targeted in a…
President Donald Trump on Wednesday said he gave Iran an “ultimatum” as he considers whether to order a U.S. strike against the country, amid its ongoing conflict with Israel. Meanwhile, the U.S. Embassy in Jerusalem began preparing for large-scale evacuations of Americans who want to leave Israel. “I may do it, I may not do…
In this article GILD Follow your favorite stocksCREATE FREE ACCOUNT The logo of Gilead Sciences pharmaceutical company is seen in Oceanside, California, April 29, 2020. Mike Blake | Reuters The Food and Drug Administration on Wednesday approved Gilead’s twice-yearly antiviral injection for preventing HIV – a milestone that the company and some experts say could…
Jessica Hall is a retirement reporter for MarketWatch. She was an Age Boom Academy Fellow with Columbia University and completed the Leadership Exchange on Ageism. She previously worked at Mainebiz, the Portland Press Herald and Maine Sunday Telegram, where she and her team earned a Scripps Howard Award for Community Journalism for a series on…
Published: June 18, 2025 at 12:25 p.m. ET Marvell Technology Inc. talked up its big ambitions for the next few years at an artificial intelligence event for investors on Tuesday. But some analysts think the company’s goals may be too big. Shares of Marvell MRVL were up 7% in morning action, but they’re still down 32%…
James Rogers James Rogers is a Financial Columnist for MarketWatch. Adblock test (Why?)
The Federal Reserve on Wednesday said that it will leave its benchmark interest rate unchanged following its June monetary policy meeting as policymakers continue to monitor inflation and labor market data amid elevated economic uncertainty. The central bank’s decision leaves the benchmark federal funds rate at a range of 4.25% to 4.5%. It comes after…
President Donald Trump is considering whether to launch a military strike against Iran as he demands the country’s leader, Ayatollah Ali Khamenei, “surrender” in Tehran’s conflict with Israel, current and former administration officials told NBC News on Tuesday. A strike by the United States is one option among a range that Trump is weighing after…
