The Federal Reserve plans to lower U.S. interest rates in response to decreasing inflation, with potential for more cuts to follow quickly to stimulate the economy and guard against recession.
Full Article
Why Alphabet Stock Flopped on Friday
Alphabet (NASDAQ: GOOG, GOOGL) shares dropped nearly 4% at the end of the trading week, significantly underperforming the S&P 500's 0.2% decline, following the European Union's ruling that the company must pay a €4.1 billion ($4.7 billion) fine for limiting search engine competition through its Android system. Alphabet is currently appealing this fine, which stems from a 2018 decision. Explain It To Me Like I'm 5: Alphabet, the company that owns Google, lost money because...
Read more