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Top Business Insider (Spain) News

Federal Reserve cuts key rate by quarter-point and signals two more cuts this year — Kent Nishimura/Getty Images via Getty Images

Federal Reserve · Washington

Federal Reserve cuts key rate by quarter-point and signals two more cuts this year

51% Center coverage: 344 sources

The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4%-4.25%.See the Story

TikTok Buyers to Include Oracle, Silver Lake and Andreessen — REUTERS / pwu404

ByteDance · United States

TikTok Buyers to Include Oracle, Silver Lake and Andreessen

58% Center coverage: 33 sources

TikTok’s US operations would be acquired by a consortium that includes Oracle Corp., Andreessen Horowitz and private equity firm Silver Lake Management LLC under a deal President Donald Trump is set to discuss with Chinese President Xi Jinping this week.See the Story

Asian Shares Are Mixed After US Stocks Remained Near Record Levels Following the Fed's Rate Cut

Jerome Powell · Tokyo

Asian Shares Are Mixed After US Stocks Remained Near Record Levels Following the Fed's Rate Cut

50% Left coverage: 12 sources

Asian shares are mixed after Wall Street indexes churned between gains and losses but ultimately remained near their record levels following the Federal Reserve’s decision to cut its main interest rate. U.S. futures are up while oil prices are down.…See the Story

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