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Stocks diverge, dollar steady before Fed rate decision
Equity markets diverged Wednesday as attention turned away from recent turbulence in tech stocks to the outlook for interest rates, with the Fed and the ECB both holding their first major meetings of the year.
French government: LVMH is pride of country but we understand Arnault's anger
Luxury goods giant LVMH is the pride of France, but the government nevertheless understands the anger expressed by LVMH boss Bernard Arnault regarding French taxes, said a government spokeswoman on Wednesday.
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
CAC 40 Drifts Lower As Luxury Stocks Drop After LVMH Reports Drop In Earnings
French stocks are down in negative territory Wednesday morning, weighed down by losses in the luxury sector as industry major LVMH's
Investing1d
European stocks mixed; LVMH results weigh on CAC 40
At 06:55 ET (11:55 GMT), the DAX index in Germany gained 0.8%, the FTSE 100 in the UK rose 0.4%, while the CAC 40 in France slipped 0.2%.
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LVMH sales beat expectations as CEO Bernard Arnault shifts focus to US
LVMH says 2025 is off to a good start as it reports an increase in sales in its most recent quarter. US President Donald Trump is offering buyout packages to almost all federal workers who do not
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European Shares Surge as ASML Boosts Tech Sector
European stocks climbed to a record high, propelled by Dutch chip equipment maker ASML's impressive quarterly results, which lifted the technology sector. While ASML's success reassured AI investors,
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Dive Deposits: Trump picks the most public moments to knock luminaries
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay put. As Bank of America CEO Brian Moynihan may attest, Trump’s timing is not coincidental.
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the difference.
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
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Global stocks mixed as market awaits ECB decision
Equity markets were mixed Wednesday as attention turned away from tech stocks to the outlook for monetary policy, with the Federal Reserve holding steady on interest rates ahead of an
European Stocks Close Mostly Higher
European stocks closed mostly higher on Wednesday as investors focused on corporate earnings news and looked ahead to policy