Wednesday 18 September 2019

'Alexa, send $20 to my favorite presidential candidate'

'Alexa, send $20 to my favorite presidential candidate'

Amazon said on Wednesday it will make donating to a U.S. presidential candidate as easy as turning on the lights or replenishing a household's toilet-paper stocks, via its Alexa digital assistant.

S&P 500 ends slightly higher after Fed gives mixed signals

The S&P 500 ended marginally higher on Wednesday after Federal Reserve policymakers cut interest rates by a quarter of a percentage point, as expected, but gave mixed signals about their next move.

Stocks reverse losses, Treasury yields dip following remarks by Fed's Powell

The S&P 500 and the Dow reversed losses to close higher on Wednesday and U.S. Treasury yields slipped after remarks by Federal Reserve Chair Jerome Powell tempered the market's initial reaction to the U.S. central bank's policy statement.

Tesla takes on Porsche with battle on Germany's toughest circuit

Tesla wants to steal Porsche's bragging rights by testing its Model S on the northern loop of Germany's Nuerburgring circuit, using a marketing tool that German carmakers have long used to tout the superiority of their products.

Microsoft approves $40 billion share repurchase program

Microsoft Corp said on Wednesday its board had approved a new share repurchase program of up to $40 billion and raised its quarterly dividend.

Fed cuts rates on 7-3 vote, gives mixed signals on next move

The U.S. Federal Reserve on Wednesday delivered a widely expected interest rate cut aimed at sustaining a record-long economic expansion, but gave few hints of whether or when it could reduce borrowing costs further.

Fed cuts rates again, gives mixed signals for next move

The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next.

Comcast gives away Xfinity Flex TV device, pounding shares of Roku

Comcast Corp said on Wednesday it will offer internet customers a free streaming media set top box that works with other services, stepping up competition with Roku Inc in the market for a device that organizes multiple subscriptions.

Explainer: The Fed has a repo problem. What's that?

As if the U.S. Federal Reserve did not already have enough on its plate heading into its meeting on interest rates this week, chaos deep inside the plumbing of the U.S. financial system has thrown policymakers an unexpected curveball.

Fed makes small changes in bid to better control policy rate

The Federal Reserve on Wednesday tweaked two key rates used to manage its main policy lever, but stopped short of additional bond purchases some investors anticipated.

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