The Fed won’t ‘push the panic button’ and go for a jumbo rate cut, economist says

The Fed won’t ‘push the panic button’ and go for a jumbo rate cut, economist says

U.S. Federal Reserve Chairman Jerome Powell holds a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in Washington, U.S, September 20, 2023. REUTERS/Evelyn Hockstein Evelyn Hockstein | Reuters As investors await the upcoming rate decision by the U.S. Federal Reserve this month, Carl Weinberg…

Read More
Rupert Murdoch’s property group considers bid for UK’s Rightmove, sending shares 21% higher

Rupert Murdoch’s property group considers bid for UK’s Rightmove, sending shares 21% higher

Rupert Murdoch, chairman emeritus of media empire News Corp. Axelle/bauer-griffin | Filmmagic | Getty Images LONDON — Rupert Murdoch-owned REA Group said Monday it is contemplating a takeover offer for U.K. property portal Rightmove in a bid to create a global digital real estate business. The Australian property listings company, which is controlled by Murdoch’s…

Read More