Tag: Wall Street Journal
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Why a 25bps cut is easier for Powell to defend than a 50
Shortly after the Federal Open Market Committee reveals its decision on interest rates, Fed Chairman Jerome Powell will answer questions from reporters.Former Wall Street...
Hezbollah Throwing Out Pagers After Hackers Reportedly Figured Out How to Explode Them Remotely
In one of the weirdest military headlines in memory, thousands of pagers belonging to members of the Lebanese militant group Hezbollah exploded Tuesday afternoon,...
Billionaire Dan Loeb Has 23% of His Portfolio Invested in 3 AI Stocks (Hint: Not Nvidia)
Dan Loeb is the founder and CEO of Third Point, an institutional asset manager whose flagship Offshore Fund has returned 13.1% annually since its...
Morning bid: Super-sized Fed cut climbs back on the table
A look at the day ahead in European and global markets from Kevin BucklandEuropean traders who went to bed thinking a quarter-point Fed rate...
Red Lobster CEO secretly visited restaurants around the country before being made boss
For food critics, it’s common convention to never post your face on social media, lest you be recognized at a restaurant you’re tasked with...