Fed holds interest rates steady, defying pressure from Trump

(WASHINGTON) -- The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them.The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically... Read More.
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These companies are sticking with DEI amid backlash

(NEW YORK) -- While some companies are steering away from diversity, equity, and inclusion (DEI) policies, others are sticking with their previous commitments.Leaders at Goldman Sachs, Costco and JPMorgan Chase & Co have recently spoken out in support of their diversity programs, as anti-DEI... Read More.
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Netflix raises prices for all US plans. Heres what to know

(NEW YORK) -- Shares of Netflix soared 12% in early trading on Wednesday, just hours after the streaming giant announced price increases set to impact all of the company’s U.S. subscribers.The standard monthly subscription without advertisements will climb from $15.49 to $17.99, and a... Read More.
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Donald and Melania Trump crypto tokens plummet

(NEW YORK) -- Cryptocurrencies affiliated with President Donald Trump and first lady Melania Trump plummeted in the initial hours after Trump was sworn into office Monday."Official Trump," a recently launched crypto token, plunged more than 20% in value over a 24-hour stretch ending Tuesday... Read More.
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Inflation report shows upsurge days before Trump takes office

(WASHINGTON) -- Consumer prices rose 2.9% in December compared to a year ago, ticking up from the previous month and extending a resurgent bout of inflation just days before President-elect Donald Trump takes office. The reading matched economists' expectations.The fresh data arrives after a... Read More.