Federal Reserve Cuts Interest Rates by a Quarter Point
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Plus: S&P 500 and Nasdaq climb to record highs. After the bell, EV startup Rivian Auto motive said a part shortage hampered Q3 production, but indicated it is on track to report its first-ever gross profit by year’s end. J.R. Whalen reports.
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Plus: Urban Outfitters sales rise ahead of management expectations. And, Starbucks hits record U.S. sales on Red Cup Day. Charlotte Gartenberg reports.
Programming note: Minute Briefing will be off for the Thanksgiving holiday and will return on Monday morning.
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Published 11/27/24
Plus: China releases three Americans in U.S.-China prisoner swap. And, a Chinese commercial vessel is suspected of sabotaging data cables in the Baltic Sea. Charlotte Gartenberg reports.
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Published 11/27/24
Published 11/27/24
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