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(Bloomberg) — Traders added to bets on further easing by the Federal Reserve and the dollar ticked lower after the US central bank cut interest rates by a half-point in its first reduction in four years. Most Read from Bloomberg The move brings to an end weeks of speculation about …

(Reuters) – The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market. Policymakers see the …

Summary Hormel Foods Corp., based in Austin, Minnesota, produces and markets meat and food products to retail, foodservice, deli, and commercial customers in the U.S. and internationally. The company is 48%-owned by the Hormel Foundation. The Foundation’s priorities are to preserve the independence of the company; support the Austin, Minnesota, …

Federal Reserve Board Chairman Jerome PowellKevin Dietsch/Getty Images Traders see heightened odds of a big initial rate cut from the Federal Reserve this week. As markets price in rising odds of a 50 basis point cut, the Fed may be more likely to deliver, BMO’s Ian Lyngen says. He says …

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The Federal Reserve’s FOMC committee will meet today, and with the pace of inflation down to an annualized rate of 2.5%, the conventional wisdom expects the central bank to start cutting rates. The Fed has held its key funds rate at the 5.25% to 5.50% range since July of last …

Donald Trump recently said he would not sell his stock in Trump Media & Technology Group (DJT). But, starting later this week, he will have that option — something that’s not been available since the social media company went public in March. “I have absolutely no intention of selling,” the …

When it comes to companies that are involved in data centers, I’d wager that Nvidia is the first one that comes to mind. Although Nvidia has an enormous presence for data center services, there are a host of other competitors worth watching. Below, I’ve broken down some of the challenges …

Insiders have been buying units of Energy Transfer (NYSE: ET) hand over fist lately. Co-founder and Executive Chairman Kelcy Warren recently bought another 3 million units of the midstream giant, while co-CEO Thomas Long purchased an additional 20,000. Warren now holds nearly 301.5 million units, while Long’s position is now …

(Bloomberg) — The size of the Federal Reserve’s interest rate cut this week won’t be a game changer for global investors, though risks from China’s slowdown continue to weigh on their minds, according to participants at a regional forum. Most Read from Bloomberg Bridgewater Associates LP founder Ray Dalio said …