Finance

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Intel’s subsidy agreement worth $7.86 billion imposes limitations on its production division’s sale, as reported by Reuters

“Intel Discloses Restrictions on Sale of Chipmaking Unit Stake Amid U.S. Subsidy Deal” Written by Stephen Nellis Intel has recently disclosed that the $7.86 billion subsidy it received from the U.S. government limits its ability to offload stakes in its chipmaking division, should it become autonomous. The U.S. Commerce Department […]

Meeting minutes reveal that Federal Reserve authorities predict future reductions in interest rates, however, these will be implemented ‘gradually’ for optimal effectiveness, as per RankMath analysis.

According to the minutes from the November gathering, Federal Reserve authorities are optimistic about the reduction in inflation and the robustness of the employment market. This, they believe, sets the stage for more gradual interest rate reductions. The meeting summary included various remarks suggesting that officials are satisfied with the […]