Stocks Close Sharply Higher as Fed Hints at Possible Rate Cut

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Stocks Close Sharply Higher as Fed Hints at Possible Rate Cut

U.S. stocks posted their best day in five months Tuesday, rebounding sharply from recent declines after Federal Reserve officials hinted the central bank could lower interest rates if the economy slows in response to escalating tariffs. Stocks climbed to start the …
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Venezuela Defaults on Gold Swap With Deutsche Bank

Venezuela has defaulted on a gold swap agreement valued at $750 million with Deutsche Bank AG, prompting the lender to take control of the
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Bumble is opening a café in NYC

Calling all the single ladies: Bumble, the dating app that requires women to make the first move, is opening a coffee shop in SoHo. Crain’s New York Business first broke the story about Bumble’s café, Bumble Brew, which will be a permanent fixture — not a …
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Johnsonville Recalls 95000 Lbs. of Sausages Amid Concerns They May Be Contaminated with Plastic

Johnsonville is recalling about 95,393 lbs. of sausages that may be contaminated with plastic material. The U.S. Department of Agriculture’s Food Safety and Inspection Service announced the recall on Friday, explaining that the company’s ready-to-eat …
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Salesforce Projects Revenue Showing Continued Strong Growth

Salesforce.com Inc. gave a quarterly revenue forecast that topped Wall Street estimates, signaling that the market leader in customer-relations software will continue to see rapid growth. Sales will be $3.94 billion to $3.95 billion in the period ending in July, the …
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