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Category: Reductions

  • Dow, S&P, Nasdaq slide as Fed cuts rates, signals 2 more reductions in 2025

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    Investor Empires

    The Federal Reserve on Wednesday cut interest rates by 25 basis points to a range of 4.25%-4.5% at its final meeting of the year and indicated it would slow the pace of cuts. Along with its policy announcement, which lowered its benchmark interest rate to a range of 4.25% and…

  • Canada set to make drastic reductions in annual immigration targets

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    Investor Empires

    Breadcrumb links news The federal government is scheduled to reduce the number of permanent residents to 395,000 in 2025 Get the latest from Naimul Karim straight to your inbox subscription Published on October 24, 2024 • 2 min read You can save this article by registering for free here. Or…

  • Biden’s Crypto Crackdown Hits Custodia Bank: Workforce Reductions Announced

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    Investor Empires

    In response to the Biden administration’s intense scrutiny of the crypto industry, Custodia Bank, a prominent Wyoming-based financial institution that caters to crypto businesses, recently underwent a major restructuring. like Reported Custodia Bank decided on Thursday to lay off nine of its 36 employees, in a move aimed at preserving…