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Powell Says Fed Rates Are Borderline Restrictive

Federal Reserve Chair Jerome Powell says the Fed is in a "difficult situation" and needs to balance current risks during …

Inflation Has Eased, But Is Still Elevated, Powell Says

Federal Reserve Chair Jerome Powell says inflation has eased, but is still "somewhat elevated relative to our 2% longer run …

Six Flags Activist Investor Jana Urges Sale, Board Change

Activist investor Jana Partners is pushing Six Flags Entertainment Corp. to pursue a sale and appoint a new chair, according …

Criminal Charges Amp Up Growing State Resistance to Kalshi

The rapid expansion of prediction markets is facing increasingly aggressive pushback from state officials pursuing a sprawling patchwork of lawsuits …

Venezuela Oil Exports to US Double on Easing Trade Restrictions

US fuel makers are boosting purchases of crude from Venezuela to the highest in more than a year, making good …

Unilever Is Said to Consider Potential Separation of Food

Unilever, the maker of Hellmann’s mayonnaise, is in the early stages of considering a separation of its food assets as …

Unilever and Kraft Heinz held talks over food merger uniting ketchup and mayo

Exploration of deal worth tens of billions of dollars reflects struggle of both companies to combat subdued demand

Public Storage Strikes $10.5B Deal for National Storage

Public Storage Corp. agreed to acquire National Storage Affiliates Trust in an all-stock deal worth about $10.5 billion, including debt, …

America’s war on Iran is a gift to Vladimir Putin

Ukraine’s other allies need to limit the windfall to Moscow

Fed Leaves Rates Unchanged, Projects One Cut in 2026

The Federal Reserve leaves interest rates unchanged, but still expects one cut in 2026. The vote was 11-1 to hold …

JPMorgan’s Michele Says Fed Sent ‘Don’t Worry About It’ Message

JPMorgan Investment Management’s Bob Michele said the Federal Reserve sent a “don’t worry about it” signal to markets spooked by …