Investing.com — C3.ai shares plunged more than 31% premarket Monday after the software maker posted preliminary fiscal first-quarter results that DA Davidson called “catastrophic,” prompting the firm to cut its rating to Underperform from Neutral and slash its price target to $13 from $25. Late Friday, C3.ai (NYSE:AI) reported preliminary revenue of $70.3 million at the midpoint, roughly $34 million, …
Read More »MILWAUKEE (AP) — Flash flooding canceled the final day of the Wisconsin State Fair on Sunday as continued heavy rainfall in half a dozen Midwest states forced motorists to abandon their vehicles, cut power to thousands of households and closed busy roadways. Organizers of the Wisconsin State Fair said they were scrapping the final day of the 11-day event after …
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Aug. 9 (UPI) — The Federal Reserve has not approved an interest rate cut since before the Nov. 5 election, but one of its governors said she wants three rate cuts this year. Federal Reserve Gov. Michelle “Miki” Bowman dissented from the Federal Open Market Committee’s decision last week to maintain the current Fed rate of between 4.25% and 4.5%, …
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Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21, 2024. Kent Nishimura | Bloomberg | Getty Images The Federal Reserve’s vice chair of supervision, Michelle Bowman, on Saturday said recent weak job data underscores her concerns about labor market fragility and strengthens her confidence in her own forecast that …
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Samsung’s new foldables launched only a couple of weeks ago, while Google’s Pixel 9 series will be replaced with the 10-series later this month. Let’s have a closer look at their prices. This might not last long, but the Samsung Galaxy Z Fold7 got its first discount – the 512GB model, only in Jet Black, is just under $2,000 now …
Read More »US Fed’s Bowman: Latest jobs data stiffens support for three rate cuts in 2025 Reuters A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts AP News Fed’s Bowman Backs a September Rate Cut The Wall Street Journal Fed’s Bowman Calls for Community Bank Reform, Favors Rate Cuts Bloomberg.com Fed’s Bowman makes case for 3 interest rate cuts …
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NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower. Michelle Bowman was one of two Fed officials who voted a week and a half ago in favor of cutting interest rates. Such a move could help …
Read More »NEW YORK (AP) — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower. Michelle Bowman was one of two Fed officials who voted a week and a half ago in favor of cutting interest rates. Such a move could …
Read More »JPMorgan says it now sees four Fed rate cuts on the horizon as Trump nominates Miran to Fed MarketWatch J.P.Morgan brings forward Fed rate cut forecast to September Reuters Bank of America sees stagflation, not recession—and no rate cut this year. It’s because of 2 specific Trump policies Fortune Scaramucci: 50-basis-point cut from Fed possible next month The Hill JPMorgan predicts Fed will cut …
Read More »Once ‘Very Pro-Vaccine,’ Trump Shrugs Off Kennedy’s mRNA Cuts The New York Times Pro Rata Premium: 💉 Antivax jabs biotech Axios RFK Jr. is attacking the very science that saved millions MSNBC News Federal mRNA funding cut is ‘most dangerous public health decision’ ever, expert says PBS After RFK Jr. ends vaccine funding, Louisiana’s Bill Cassidy says cuts don’t fit Trump agenda NOLA.com Source link
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