Richmond Fed President Tom Barkin said Thursday the range of possible outcomes for the future path of interest rates is ‘pretty wide.’
: Train derailment in Minnesota thrusts rail safety back into the spotlight
Data show that derailments across rail companies increased considerably in the U.S. between 2021 and 2022.
Outside the Box: Nuclear power is hardly the preferred alternative to oil, coal and other fossil fuels, which only makes these U.S. energy stocks more attractive
Wind and solar can’t satisfy America’s need for energy. The solution? Clean, cheap nuclear power.
: Apple buying Disney? Analyst explains why they’re ‘worth more together’
Needham analyst Laura Martin believes Apple would be worth 15% to 25% more if combined with Disney.
The Fed: Fed’s Collins backs forecast of one more rate hike and no cuts this year
Boston Fed President Susan Collins backed the central bank’s forecast that sees one more 25 basis point hike and no rate cuts until 2024.
: Why baseball’s Opening Day is the real New Year’s Day
The arrival of a new season is like the arrival of the new year — maybe even better.
: Roku to lay off 200 employees, exit some leases to cut costs
Roku’s stock turned lower Thursday after the streaming-media company disclosed that it would lay off 200 employees as part of a cost-cutting plan.
: Meta will allow EU users to opt out of some ad targeting
The changes come after European regulators fined Meta $410 million in January over data-privacy issues.
: Home listings are increasing, but not the kind buyers want, Realtor.com report says
‘What happens with rates this spring will likely play a strong role in determining whether the housing market bumps along or picks up speed this year.’
Economic Report: U.S. GDP in fourth quarter trimmed again to 2.6% on weaker consumer spending
The growth rate of the U.S. economy at the end of 2022 was reduced again to 2.6%, reflecting weaker consumer spending.
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