After eight years, Jerome Powell is clocking out. Loading audio narration… The Federal Reserve opted to hold rates steady at its third meeting of 2026, which was Powell’s last as head of the central bank. From oil shocks to Fed leadership, here are Business Insider’s biggest takeaways from the decision.Highest…
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General Motors is making a fresh $340 million investment in its US plants. Loading audio narration… The latest investments will help ramp up production of gas-powered vehicle components amid a nationwide slowdown in demand for EVs. They’ll go toward two propulsion facilities — in Romulus, Michigan, and Toledo, Ohio — that produce key parts for internal combustion engine (ICE) vehicles, including 10-speed transmissions and engine components.The Romulus plant will receive $300 million, while the Toledo…
In a June 2019 meeting at Clarence House during a state visit, the two leaders…
Newly-revealed courtroom exhibits in the blockbuster case between Elon Musk and Sam Altman show how…
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Michael Jackson was portrayed by his nephew, Jaafar, in "Michael."Mike Guastella/Ron Galella Collection/Getty Images; LionsgateActors often transform into real-life musicians for biopics. Some actors go through physical transformations to play musicians.Jaafar Jackson trained for years to portray his uncle, Michael Jackson, in “Michael.”Musical legends have been portrayed on the big screen…
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This story about the Federal Reserve’s April interest rate decision is developing and will be updated with further details. The Federal Reserve on Wednesday announced it will leave interest rates unchanged amid concerns about inflation rising further amid the war in Iran.Fed policymakers voted to leave the benchmark federal funds rate…
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Throughout King Charles and Queen Camilla’s state visit to Washington, DC, first lady Melania Trump’s outfits subtly coordinated with her royal counterpart. The matching looks were no accident. Loading audio narration… Charles and Camilla’s White House events on Monday and Tuesday marked the beginning of the first British state visit…
