December 10, 2025 - 18:56

The Federal Reserve cut interest rates by a quarter percentage point on Wednesday for the third time this year. This decision reflects the central bank's ongoing efforts to support the economy amid various challenges, including persistent inflation and global economic uncertainties. The reduction brings the target range for the federal funds rate down to a level that aims to stimulate borrowing and investment.
In a statement following the announcement, officials indicated that they foresee the possibility of another rate cut in the near future, depending on economic conditions. The Fed's actions are intended to bolster consumer spending and business investment, which have shown signs of slowing down. Market analysts are closely monitoring these developments, as they could influence economic growth and employment rates moving forward.
As the Fed navigates these complex economic landscapes, stakeholders from various sectors are keenly observing how these monetary policy shifts will impact their operations in the coming months.
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Trump-linked fintech firm AI Financial sells unit to Prime DeltaAI Financial Corp, a fintech company with ties to the Trump family`s World Liberty Financial crypto venture, has completed the sale of its Canadian operations to New York-based Prime Delta. The...
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OpenAI says its upcoming Astra model may have 'critical' cybersecurity capabilities, amid rash of AI model hacksOpenAI has issued a cautious warning about its upcoming AI model, internally codenamed Astra, suggesting that the system may possess what the company describes as `critical` cybersecurity...
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PT Bank Negara Indonesia (Persero) Tbk (PTBRY) (Q2 2026) Earnings Call Highlights: Record Core ...JAKARTA - PT Bank Negara Indonesia (Persero) Tbk reported its highest pre-provision operating profit in half a decade during the second quarter of 2026, even as net profit growth slowed due to...
August 6, 2026 - 22:25
Google says hackers are calling financial firm employees to hack and extort victimsGoogle`s security team is warning about a new and unsettling trend in cybercrime. Hackers are no longer just sending phishing emails or exploiting software flaws. They are now picking up the phone...