Over in Paris, LVMH slumped 5.1%. The Paris-based luxury goods firm late Tuesday reported net income of EUR12.6 billion, down 17% from EUR15.2 billion a year prior, as revenue fell 1.7% to EUR84.7 ...
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The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
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.
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...
However, Bernstein analysts said performance at LVMH's important fashion and leather business failed "to stand up to upgraded expectations on the back of the recent Richemont major beat".
The Federal Reserve is widely expected to hold its benchmark interest rate steady Wednesday, taking a pause after cutting short-term rates [by a full percentage point]( ...
Shares in LVMH were on track for their largest drop in 14 months on Wednesday after the luxury goods group's latest sales ...