Fed holds firm

Welcome to The Hill’s Business & Economy newsletter {Beacon} Business & Economy Business & Economy The Big Story Fed keeps rates unchanged The Federal Reserve declined to cut interest rates on Wednesday amid President Trump’s fight to exert more influence over the independent central bank. © AP Federal Open Market Committee (FOMC)… Source link

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Samsung profit triples, beating estimates as AI chip demand fuels memory shortage

Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics reported an over threefold surge in fourth-quarter profits on Thursday, hitting a new record and beating analysts’ estimates, as a memory chip shortage and strong demand for artificial intelligence servers lifted earnings. Here are…

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Walz: Trump overseeing Pretti shooting investigation 'so wrong on so many levels'

Following the fatal shooting of Alex Pretti by federal officers in Minnesota last weekend, Governor Tim Walz (D-Minn.) condemned Trump’s comments that he would personally oversee the investigation into the 37-year-old’s murder. President Trump told reporters at the White House on Tuesday that his administration would conduct a “major investigation” into the matter. “I want……

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Microsoft (MSFT) Q2 earnings report 2026

Chairman and CEO of Microsoft Satya Nadella delivers a speech during the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland on January 20, 2026. Harun Ozalp | Anadolu | Getty Images Microsoft shares fell 7% in extended trading on Wednesday after the software maker posted slowing cloud growth. Here’s how the company performed in comparison…

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