Fed minutes hint at soon warranting rate hike
Fed officials signaled near term risks subsided and a rate increase could be warranted soon after July meeting minutes show job growth rebound and financial market stabilization. Inflation remains stubbornly slow, delaying concrete timing while Dudley notes September action possible.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
U.S
Britain
European Union
Fed
William Dudley
Federal Reserve Bank of New York
Janet Yellen
Dudley
Railroads struggle to meet safety tech mandate progress
A government report shows limited progress on positive train control across freight and passenger railroads. Some lines have installed equipment while others have none, with projects varying by company and region. Metro-North and Long Island report no installations.
MENTIONED IN THIS ARTICLE
Washington
Congress
Federal Railroad Administration
Railroad Administration
PTC
Sarah Feinberg
Metro-North
Long Island
Bronx
National Transportation Safety Board
Nancy Snyder
New Jersey Transit
Cisco to lay off 5500 workers amid tech shift
Cisco Systems plans a layoff of about 5,500 employees, roughly 7 percent of its global workforce of around 74,000, starting this summer as it pivots from traditional hardware toward software, security, and data center offerings amid a broader industry transition. The move mirrors industry wide shifts as firms reassess core businesses to pursue new growth opportunities and adapt to remote data center demand.
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San Francisco
Cisco Systems
Cisco
Patrick Moorhead
Moors Insights & Strategy
San Jose
Calif
Mutua Funds
Init
AmBalAm
CpWidGrlAm
FninvAm
GrthAmAm
IncAmerAm
InvCoAmAm
NewPerson m
Wamutinva m
Fidelity
Frank Temp-Franklin
PIMCO
Rowe Price
Vanguard
Vanguard Institx
Vanguard Stgradeadt
Vanguard WellsAdm
Vanguard WadslAdm
Doe
SEC
The
Associated Press
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Lowe's
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Staples
Scott Wren
Wells Fargo Investment Institute
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Union Pacific
Southeastern Pennsylvania Transportation Authority
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IBM
Apple
the Market IN Review
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PortolaPh
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Staples UrbanOut
Yamanag
At&t Inc
Micront
Microsoft
Amber
Apple Inc
NiSources
BkofAm
Nordson
Bipvxst Rs
Northropg
Bob Evans
PNC
ParkerHan
Cedarf BrMySq
Penney
Petrobras
CntryLink
ChesEng
Pfizer
PolyOne
Citigroup
Puvi
Siriusxm
EmersonEl
SkylineMd H
FifthThird
Smucker
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SouthnCo
Fordm
SP Util
Frptmcm FrontierCm
Amgid G
Transoen
iShBrazil
Twitter
iShJapan US
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Ussteel
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Ishr2k
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Lt Sweet Crude
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ICE
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