Fed Holds U.S. Interest Rates Steady as Iran Deal Uncertainty Lingers
The Fed leaves the target range for the federal funds rate at 3.5%-3.75% after Warsh’s first meeting, with inflation around 3.8% and Iran-related uncertainty...
More News
CarMax Q1 Beats Earnings as Barr Unveils Multiyear Turnaround Plan
CarMax beats quarterly expectations as Keith Barr unveils a multiyear plan to turn around the business, underscoring margin pressures and a push toward a...
JetBlue to Trim Newark, LaGuardia Footprint as It Expands in Fort Lauderdale
JetBlue will close its flight attendant base at Newark and tech operations bases at Newark and LaGuardia this fall to cut costs, while expanding...
UniQure Seeks FDA Ok For Huntington’s Disease Gene Therapy After Regulatory Reversal
UniQure announced plans to seek FDA approval for its Huntington’s disease gene therapy, following a recent meeting in which the agency signaled that a...
Carvana Turns Stellantis Dealerships Into Online-First ‘Playgrounds’ for New Vehicles in Dallas
Carvana inaugurates a Dallas test site that reimagines Stellantis dealerships as online-first spaces for new-vehicle sales, with QR-guided test-drives and a service-focused on-site model.
Driving Test Wait Time Target Won’t Be Met Until Autumn Next Year, UK Parliament Told
The Transport Secretary said the driving test backlog will not meet the seven-week target until autumn next year, as DVSA data show waiting times...
CNBC to Simulcast 11 WNBA Games This Season
CNBC will simulcast 11 WNBA games this season, beginning with the Las Vegas Aces vs. Phoenix Mercury.
Fed Chief Warsh Opens First FOMC Meeting With Rates Likely Unchanged
Warsh leads his first FOMC meeting with inflation remaining stubborn and the committee expected to hold rates steady while weighing the path of future...
Uncertainty Remains Over Strait of Hormuz Reopening After Iran Deal
Markets watch for how demining progress and legal assurances affect shipping through the Strait of Hormuz as Iran and allies pursue a ceasefire extension.
Inflation Steady as Food Price Rises Slow, UK Faces Delayed Easing
UK inflation remained at 2.8% in the year to May as food price rises slowed to a 17‑month low.
Lidl Opens First Pub in Northern Ireland, Aims to Shake Up Licensing Rules
Lidl launches The Middle Ale in Dundonald, its first-ever pub, navigating Northern Ireland’s liquor licensing rules by securing a surrendered licence and meeting an...
Japan Raids Ice Cream Giants Over Price-Fixing Allegations
Japan’s competition watchdog raided major ice cream makers over suspected price-fixing, with Meiji and Glico among those inspected by the JFTC as regulators probe...