Money Report

Russian President Vladimir Putin on Thursday said that inflation is a problem in Russia and that the country’s economy is overheating.

The 10-year U.S. Treasury yield climbed on Thursday after the Federal Reserve signaled fewer rate cuts could be on the horizon next year.

Wednesday’s dramatic sell-off in markets is a stark reminder that forecasts influence stock movements much more than current circumstances.

Wharton’s Jeremy Siegel expects the Fed to pare back the number of rate cuts next year, with just one or two reductions.

European markets fell sharply Thursday, following their global counterparts lower.

The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.

Luxury travelers want more from safaris today, pushing the industry to offer experiences that highlight animal conservation efforts and neighboring communities.

Wednesday’s dramatic sell-off in markets is a stark reminder that forecasts influence stock movements much more than current circumstances.

Chinese autonomous trucking company TuSimple has rebranded to CreateAI, with a focus on video games and animation, the company announced Thursday.

Investors in Asia also assessed the Bank of Japan’s decision to keep its policy rate unchanged at 0.25% for the third straight meeting.

Cramer said weak industries like housing and autos are met with rising inflation in food, insurance, healthcare and rent, which require different answers.

Wall Street was previously betting on the Fed keeping an aggressive rate-cutting stance through 2025, hoping to extend the bull market.

Micron shares plunged in extended trading after the chipmaker issued weaker-than-expected second-quarter guidance.