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US September Rate Cut Looks More Likely Than Ever

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Dear Evening Briefing readers: Our email domain is changing, which means the briefing will arrive in your mailbox from a different address,...
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Strong earnings report pushes Meta shares up amid heavy AI spending

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Meta’s shares rose in after-hours trading on Wednesday off the back of a strong earnings report that comes as the company is spending heavily...
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Meta Earnings Deliver: Stock Jumps As Profits Soar 73%

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Topline Meta’s second-quarter profits rose by some 73%, the social media conglomerate reported Wednesday, encouraging investors as mounting losses from its more ambitious non-social media...
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Powell says September rate cut ‘on the table’ if inflation data continues to cool

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Federal Reserve Chair Jerome Powell said Wednesday that the U.S. central bank could cut interest rates at its September meeting if economic data continues...
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Fed will hold interest rates steady, but officials hint rates could be cut this year

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The US Federal Reserve announced on Wednesday it will hold interest rates steady, though officials hinted at optimism that rates could be cut later...
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Meta earnings: Stock rises as the Facebook parent gives upbeat outlook

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Meta Platforms Inc. CEO Mark Zuckerberg said he would rather risk building computing capacity before it is needed, than too late, due to the...
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Full statement from July 2024 FOMC rate decision | Forexlive

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July 31, 2024Federal Reserve issues FOMC statementFor release at 2:00 p.m. EDTRecent indicators suggest that economic activity has continued to expand at a solid...
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Fed holds rates steady and notes progress on inflation

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WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its target, which could...
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Fed recap: Chair Powell gives the September rate cut signal traders were hoping for

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Powell says a potential September rate cut would be apoliticalFederal Chair Powell said a rate cut at the September meeting would be unrelated to...
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UK’s most expensive seaside town where houses cost huge £1.6m

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Sandbanks has held on to its title as most expensive seaside town to buy a home for the third year running. The average price...
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Bank of England braced for knife-edge interest rate decision

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The Bank of England is braced for a knife-edge decision on interest rates as policymakers consider whether to cut borrowing costs for the first...
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Boeing turns to aerospace veteran Kelly Ortberg in safety crisis

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Boeing has appointed an aerospace industry veteran as its next chief executive to lead the troubled aircraft maker out of a safety crisis.Kelly Ortberg,...
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