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As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
Federal Reserve Chairman Jerome Powell said the he does not see the Fed using negative interest rates in the future.The Fedread more
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower interest rates.Politicsread more
President Barack Obama spoke at an event in San Francisco on Wednesday hosted by software company Splunk and addressed how tech can help solve problems.Technologyread more
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Steve Dowling, the head of Apple's public relations department, announced he will be leaving this week.Technologyread more
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Stocks closed little changed after the Federal Reserve failed to signal it will cut rates again in 2019, disappointing traders.US Marketsread more
A New York-based blockchain consulting firm allegedly extorted a Seattle-based crypto start-up with threats to hijack its initial coin offering, in a case announced Wednesday...Technologyread more
According to a report in the Wall Street Journal, WeWork co-founder Adam Neumann has floated the idea of becoming Israel's prime minister or leader of the world.Technologyread more
At Home Group is exploring options that include a potential sale of the U.S. home decor retail chain, as the poor performance of its stock has turned it into an acquisition target, people familiar with the matter said on Thursday.
The deal deliberations come as the Plano, Texas-based company is trying to reinvent its offerings amid increasing competition from other brick-and-mortar retailers as well as e-commerce firms.
At Home Group is working with Bank of America to engage with potential buyers, the sources said, cautioning that no deal is certain and asking not to be identified because the matter is confidential.
At Home Group did not respond to requests for comment. Bank of America declined to comment.