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Top De Tijd News
Federal Reserve · WashingtonThe 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
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year
50% Center coverage: 284 sources
Gucci · FranceFrench luxury group Kering has named Francesca Bellettini the new chief executive of its flagship Gucci brand, replacing Stefano Cantino after just nine months in the job, in the first major management change under new group CEO Luca de Meo.See the Story
Kering ousts Gucci CEO, appoints Francesca Bellettini to lead the brand
62% Center coverage: 8 sources
