Fed sees slower pace for 2024 rate cuts after Dec meeting
Minutes from the December 17 18 gathering show division among 19 policymakers over the path of rate cuts as inflation stays high and tariffs loom. A quarter point cut to about 4.3 percent was implemented despite dissent by Cleveland Fed chief Beth Kammack, with officials signaling restraint in January.
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Adrian Inc
ADTN
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Nippon Steel signals resolve after Biden block
Nippon Steel plans to press ahead with its $15 billion bid for U S Steel. CEO Eiji Hashimoto said there is no reason to give up after President Biden blocked the move and pledged to continue pursuing the acquisition from Tokyo.
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US Steel Takeover Draws Legal Challenge by Nippon Steel
Nippon Steel Corp and U S Steel filed federal lawsuits challenging the Biden administration’s handling of a takeover saying the move supports both nations and will enhance US national security. The suits in the DC Circuit and Western District of Pennsylvania argue the decision ignores the rule of law and seeks to block or review it.
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Nvidia Unveils RTX 50 Series and Blackwell AI Chip at CES
Nvidia reveals GeForce RTX 50 Series desktops and laptops powered by Blackwell AI at CES 2025. Jensen Huang calls Blackwell the most significant graphics innovation since programmable shading. AMD showcases Ryzen 9 and AI series processors while Google previews Gemini powered AI tools for Google TV enabling natural TV conversations.
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IndustryRankings Money Fund Data Provided by iMoneyNet Inc
Money fund rankings and data from industry source iMoneyNet Inc. are cited as the basis for performance metrics and comparative results. The report reflects fund categories, net asset values, yield figures, and ranking positions as published by the firm.
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