• Mar 19, 2025

Fed says it will slow balance sheet runoff process

WASHINGTON (Reuters) -The Federal Reserve said on Wednesday that starting next month it will slow the pace of its balance sheet drawdown amid an ongoing impasse over lifting the government’s borrowing limit, a shift that will likely hold for the remainder of the process. The shift on the balance sheet had been hinted at in the meeting minutes for the January FOMC meeting, released last month. Fed Governor Christopher Waller, who has at times been at odds with his colleagues over the management of the central bank's stock of cash and bonds, dissented against the shift in the balance sheet drawdown.

• Mar 19, 2025

How Nvidia’s billionaire CEO went from Denny’s dishwasher to leading a company with a $2.9 trillion market cap

“I’m still working on being a good CEO,” Jensen Huang said in an interview at his alma mater, Stanford University.

• Mar 19, 2025

Key Takeaways From Fed Decision to Hold Rates Steady

(Bloomberg) -- Here are key takeaways from the Federal Reserve's interest-rate decision on Wednesday:Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsThe Scary Thing About the Wildfire That Was StoppedA Malibu Model for Residents on the Fire Frontlines Federal Open Market Committee votes to maintain benchmark rate in target range of 4.25%- 4.5%

• Mar 19, 2025

Watch Fed Chair Powell's Press Conference Live Here

Fed Chair Jerome Powell is set to address the media live at 2:30 p.m. ET after the release of the Fed's latest interest-rate decision.

• Mar 19, 2025

Ripple’s Garlinghouse Says SEC Dropped Landmark Crypto Case

(Bloomberg) -- Ripple Chief Executive Officer Brad Garlinghouse said the US Securities and Exchange Commission case against the crypto company has ended, the latest of several enforcement actions that have been abandoned during the early weeks of President Donald Trump’s administration. Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNew York Subway Ditches MetroCard After 32 Years for Tap-And-G

• Mar 19, 2025

What Wall Street Analysts Are Saying About Nvidia's GTC

Nvidia CEO Jensen Huang’s highly anticipated GTC keynote failed to deliver a big boost to the company's stock, though analysts remain bullish on its potential for AI-driven growth.

• Mar 19, 2025

Crypto’s Clout in Washington Is Soaring

(Bloomberg) -- The crypto industry is on a roll in Washington and it’s not just because of Donald Trump.Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoNYC Plans for Flood Protection Without Federal FundsThe Scary Thing About the Wildfire That Was StoppedA key ally is rising in the Democratic party and the industry just demonstrated

• Mar 19, 2025

China's stock rally may see a 'meaningful correction soon,' BofA says

Stock markets in Hong Kong and China have posted strong gains in recent weeks amid the bloodbath on Wall Street.

• Mar 19, 2025

Best savings interest rates today, March 19, 2025: Earn up to 4.20% APY before the next Fed rate cut

Savings interest rates available today are well above historical norms. Find out where to get the best savings account rates.

• Mar 19, 2025

Best money market account rates today, March 19, 2025: Secure up to 4.50% APY ahead of the Fed rate decision

Looking for the best money market account interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a money market account.