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Thursday, May 2, 2019

Stocks slip, dollar drifts after Fed cools rate cut bets

The dollar nursed overnight gains while Europe's share markets struggled early on, after the U.S. central bank dampened bets that it might be readying its first interest rate cut in years.


from Reuters: Business News https://reut.rs/2IWCfaU

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Musk's xAI buys his social media platform X

The move could be aimed at protecting investors, who helped him buy purchase X, from losing money. from BBC News https://ift.tt/upf7MHS