Here’s what to expect with the Fed’s next interest rate cut looming – CBS News Watch CBS News On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

Real estate investment trusts (REITs) are designed to pass income on to investors in a tax-advantageous manner. But all REITs are not the same, not by a long shot. Those in search of a high yield will want to look at W. P. Carey (NYSE: WPC) in November. Dividend growth types should dig into Rexford Industrial Realty (NYSE: REXR). And for investors who think dividend reliability is king, then Federal

The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Wise posted a 55% jump in profit in the first half of its 2025 fiscal year Wednesday, citing customer growth and expanding market share. The British digital payments firm said that its first-half profit totalled £217.3 million, up from £140.6 million in the same period a year ago. That came on the

Super Micro Computer (NASDAQ: SMCI) started the year off as a star of the artificial intelligence (AI) market. The equipment maker has been around for more than 30 years, selling servers and rack scale solutions, but it truly saw earnings take off with the AI boom. In recent quarters, Supermicro has reported triple-digit increases in revenue and soaring demand for its products. The company works hand-in-hand with Nvidia and other

Deck the halls! Holiday menu returns at Starbucks Deck the halls! Holiday menu returns at Starbucks 00:53 Americans do not celebrate Thanksgiving for another three weeks, but the holiday season is already upon us at Starbucks and Dunkin’, the country’s two biggest coffee-shop chains.  Starbucks on Thursday is touting the return of its holiday cups and holiday-themed expresso drinks including Peppermint Mocha, Caramel Brulée Latte and Chestnut Praline Latte.  The

ANGELA WEISS / AFP Tesla on Friday reached a trillion-dollar market valuation for the first time since April 2022. Its stock surged 27% following Donald Trump’s election win, boosting Elon Musk’s net worth. Wedbush notes Tesla has a competitive advantage if Trump gets rid of electric-vehicle subsidies. Tesla hit a $1 trillion market valuation for the first time since April 2022. The stock surged as much as 7% on Friday

The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt. Daniel Roland | Afp | Getty Images Two months since UniCredit played its opening move to woo German lender Commerzbank, the lenders flaunted their financial strength as one of Europe’s largest banking mergers still hangs in balance. Both banks reported third-quarter results on Wednesday, with UniCredit posting an 8% year-on-year hike in net

Hawaiian Electric to Review Options for Investment Platform Amid Swing to Loss Source link

The Food and Drug Administration announced Wednesday that it would seek to pull a widely used ingredient in cough and cold medicines from the market, after the agency’s scientists concluded that the oral version of the drug is ineffective as a nasal decongestant. The FDA’s proposal comes more than a year after the agency’s outside advisers voted against continued use of the ingredient, called oral phenylephrine, citing concerns with the

President-elect Donald Trump.Kamil Krzaczynski/AFP via Getty Images US stocks hit record highs as investors cheered Trump’s election victory and market gains. The Fed cut interest rates, Nvidia replaced Intel in the Dow, and the S&P 500 briefly crossed 6,000. Investors will turn their attention to October inflation data next week. US stocks jumped on Friday to record highs, capping off a monumental week for markets as investors cheered Donald Trump’s