Wall Street expects the Federal Reserve to be so dovish that the coming round of interest rate hikes won't begin until the middle of next year and won't end until the next president is in office for nearly a year.
NEW YORK (Reuters) - U.S. stocks slightly pared gains on Wednesday after minutes from the Federal Reserve's July meeting showed the central bank remains accommodative but may hike interest rates sooner depending on the economy's rebound.
(Recasts first paragraph, adds antitrust details). By Jonathan Stempel. Aug 20 (Reuters) - Warren Buffett's Berkshire Hathaway Inc agreed to pay an $896,000 fine to settle U.S.
Hertz Global Holdings Inc. (HTZ) investor Fir Tree Partners, which holds more than 3 percent of the stock, is urging the company's board to replace Chief Executive Officer Mark Frissora because the firm disapproves of how he's running the car-rental provider.
Catch the news about the Monetary Policy Committee out of the corner of your eye, and you'd be mistaken for thinking something had happened.