Oracle's Q2 revenue falls shy of estimates, Apollo CEO Marc Rowan weighs in on Fed rate cut
Oracle's Q2 revenue falls shy of estimates, Apollo CEO Marc Rowan weighs in on Fed rate cut
Last updated: 2025-12-10 22:47:20 ET
Oracle's Q2 revenue falls shy of estimates, Apollo CEO Marc Rowan weighs in on Fed rate cut
The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.
Biotechs are instead spending their time advancing the kind of smart science that will catch the eye of cash-rich pharmaceutical companies.
Fed cuts rates by 25 basis points at December meeting: Biggest takeaways from FOMC, Powell comments
The Federal Reserve voted to cut its benchmark interest rate on Wednesday. This was the Fed's third rate cut since September, but policymakers signaled they expect to make fewer rate cuts next year.
The U.S. stock market neared its all-time high after the Federal Reserve cut its main interest rate to bolster the job market, and hopes strengthened for more cuts to come in 2026
Central bankers lowered rates to a new range of 3.5% to 3.75%, potentially bringing welcomed relief to borrowers.
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The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
Three members of the Federal Open Market Committee didn't agree with the central bank's quarter percentage point cut on Wednesday.