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Top Business News News
Federal Reserve · United StatesThe Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.See the Story
Federal Reserve cuts key rate as government shutdown clouds economic outlook
54% Center coverage: 311 sources
Donald Trump · New YorkNEW YORK — The U.S. stock market is drifting around its record heights on Thursday, as Wall Street sifts through mixed developments on everything from the U.S.-China trade war to profits for Big TechSee the Story
U.S. Stocks Are Mixed as Wall Street Sees Both Good and Bad in Big Tech Profits, U.S.-China Relations
63% Center coverage: 52 sources
Mark ZuckerbergMeta Platforms (META) stock is down almost 10% in the pre-market this morning. Of everything Meta said this quarter, the real story wasn’t the revenue beat or the one-time tax charge that crushed reported net income. It was this: the company just committed to spending $70-72 billion on capital expenditures in 2025. That’s a 93% increase from 2024’s $37.3 billion. For context, Meta spent $31.4 billion on capex in 2022. The company is nearly doubl…See the Story
Meta Sacrifices Near-Term Cash Flow to Outspend Rivals on AI Build-Out
43% Right coverage: 7 sources
