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2024-09-18 14:21:55
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Bullet points of Wall Street ticks slightly higher ahead of presumed Fed interest rate cut

Bullet points of Wall Street ticks slightly higher ahead of presumed Fed interest rate cut
- The U.S. Federal Reserve is expected to cut interest rates for the first time in more than four years.
- The rate cut is expected to boost the slowing economy and help reduce inflation.
- Tupperware Brands filed for Chapter 11 bankruptcy protection and plans to continue operating.
- 23andMe Holding Co. tumbled after seven independent directors resigned from the board.
- Microsoft announced a partnership to raise $30 billion for new and expanded data centers.
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