Fed’s Bostic: it is ‘time to move’ on rate cuts, but wants to be sure
(Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic on Wednesday said that with inflation down farther and the unemployment rate up more than he anticipated, it may be "time…
Oil Holds Two-Day Loss as Technicals Vie With Stockpiles, Libya
(Bloomberg) — Oil steadied after a two-day drop, as technical barriers stymied gains from a decline in US stockpiles and disruptions to Libyan production. Most Read from Bloomberg West Texas…
Eli Lilly Cuts Zepbound Prices by 50% With Single-Dose Vials: What to Know
Eli Lilly officials announced a new program that provides consumers with single-dose vials of the weight-loss drug Zepbound at a discount price of 50% or more. Consumers who pay for…
Native American-Owned Banks by State
Native American-owned banks make up the smallest category of minority depository institutions (MDI) in the United States. Even if you include all of the currently active Native American-owned credit unions, they…
Women-Owned Banks in the US
On March 5, 2021, the Board of Directors of the Federal Reserve System announced that the system would be expanding its definition of minority depository institutions (MDIs) to include women-owned…
Stock market today: Tech leads losses as investors await Nvidia earnings
A decline in tech stocks led the market lower on Wednesday as investors awaited chipmaker Nvidia's (NVDA) earnings report, seen as crucial to keeping confidence in the broader market aloft.…
Russian economy shows solid growth despite Ukraine war sanctions
MOSCOW (Reuters) – The Russian economy has shown solid growth in many sectors while unemployment remains at a record low, new data showed on Wednesday, prompting officials to hint at…
Top 10 Asian American-Owned Banks
Of all the minority depository institutions (MDIs) in the United States, the largest single group is composed of the 71 Asian or Pacific Islander American-owned banks. Collectively, these commercial banks…
Boeing Whistleblower Continues to Raise Concerns
At the National Whistleblower Day celebration held on Capitol Hill on July 30, a Boeing whistleblower announced new documents which he claims further demonstrate shortcomings by Boeing around the manufacturing of the 737 Max…
Best Buy expected to post sluggish sales as consumers hold out for AI-enabled products
Best Buy (BBY) is expected to post another quarter of sluggish sales as consumers push off big-ticket purchases. On Thursday before the market open, the company is expected to post…