Business News

Fed’s higher inflation forecast and rate projections rattle the stock market

Fed’s higher inflation forecast and rate projections rattle the stock market

BlackRock chief investment officer Rick Rieder calls it a “new phase” of the rate-cutting cycle. Read More https://fortune.com/img-assets/wp-content/uploads/2024/12/GettyImages-532635236-e1734567014880.jpg?resize=1200,600 2024-12-19 00:12:28
Nissan rolls back diversity policies as activist claims another win

Nissan rolls back diversity policies as activist claims another win

Nissan’s letter echoes similar moves by more than a dozen companies, from rival Toyota Motor Corp. to Walmart Inc. and…
Congress is scrambling after Trump and Musk’s push implodes government funding plan

Congress is scrambling after Trump and Musk’s push implodes government funding plan

“One of the worst bills ever written,” Elon Musk posted on his social media site X. Read More https://fortune.com/img-assets/wp-content/uploads/2024/12/AP24352765434710-e1734561733359.jpg?resize=1200,600 2024-12-18…
Texas billionaires made a $200 million bet on a college football ‘laughingstock.’ It’s paying off with a championship run

Texas billionaires made a $200 million bet on a college football ‘laughingstock.’ It’s paying off with a championship run

The support of the deep-pocketed donors has quickly launched the program from mediocrity to national relevance. Read More https://fortune.com/img-assets/wp-content/uploads/2024/12/GettyImages-2188793845-e1734548149725.jpg?resize=1200,600 2024-12-18…
Salesforce CEO Marc Benioff is a big believer in agentic AI

Salesforce CEO Marc Benioff is a big believer in agentic AI

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Ex-Miami GOP lawmaker charged in secret plot to help Venezuelan media tycoon curry favor with Trump

Ex-Miami GOP lawmaker charged in secret plot to help Venezuelan media tycoon curry favor with Trump

An indictment alleges former Congressman David Rivera failed to register as a foreign agent of a sanctioned Venezuelan media tycoon.…
KFC’s new ‘Saucy’ restaurant puts the focus on 11 inventive sauces

KFC’s new ‘Saucy’ restaurant puts the focus on 11 inventive sauces

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