US Stocks Close Mixed as Earnings Season Heats Up
US stocks closed mixed as Q2 earnings fueled gains in health care and real estate while tech lagged. Investors eye Alphabet and Tesla reports next.
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Federal Reserve Implements Historic 0.5% Interest Rate Cut
The Federal Reserve has made a historic decision to cut its benchmark interest rate by 0.5%, aiming to boost economic growth during challenging financial times.
Intel Slashes 15% Jobs Amid AI Chip Battle and Market Challenges
Intel cuts 15% of its workforce and suspends dividends as it pivots to AI chip manufacturing, impacting the global tech landscape.