Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates by half a point.
Dollar edges lower after Fed goes big on rate cut, Aussie jumps
The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal Reserve's outsized interest rate cut that had been largely priced in by markets.
Fed goes with half-point interest rate cut. What that means.
If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit cards and auto loans.
Stock Market Today: Dow futures eye record high after Fed's big rate cut
Medium- to long-term Treasury yields turned higher Thursday morning, after weekly initial jobless claims reached their lowest level in months and one factory gauge reflected improving conditions. The rise in rates was led by the so-called long end of the curve,
Stock market today: Asian markets forge higher after Fed's first rate cut in over 4 years
Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates
Fed set to cut interest rates: What it could mean for inflation, economy, jobs
The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the presidential election.
Stock Market Today: Wall Street Poised to Break Records After Fed's First Rate Cut in Over 4 Years
Markets on Wall Street were positioned to open at record highs Thursday after the Federal Reserve issued a bigger-than-usual interest rate cut intended to fortify a cooling labor market and prevent a
S&P 500 surges to record high close on euphoria over Fed rate cut
The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates by 50 basis points and indicated more rate cuts were on the horizon. The blue chip Dow Jones Industrial Average also registered a record closing high,
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
Stocks were either up big, or down a lot, in the year after the first Federal Reserve interest rate cutting cycle, according to a team led by Keith Lerner, co-chief investment officer at Truist Advisory Services.
Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve's big cut to interest rates.
Stock market today: Indexes close at record highs and tech soars after Fed rate cut
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo rate cut from the Fed.
Three Charts Show Why Kamala Harris Won the Debate
Presidential candidates Kamala Harris and Donald Trump went head-to-head in a fiery televised debate on Tuesday. Harris ...
How to calculate interest in a savings account
It’s fairly easy to calculate the amount you’ll earn with a savings account, and doing so can help you get the most from your ...
Fed Officials Are Split on Where Rates Go Next in 2024
Federal Reserve officials significantly lowered their year-end interest-rate forecast in their quarterly Summary of Economic Projections, with the median forecast predicting a total of a percentage ...
What’s next for Bruins’ goalie grouping without Jeremy Swayman?
For now, the Bruins will have to forge ahead with both Joonas Korpisalo and Brandon Bussi as their primary options in net.
NPS Vatsalya calculator: Investment of Rs 10,000 can give you Rs 11 crore when your kid is 60 yrs
Withdrawals from the NPS Vatsalya scheme can be requested before the child attains 18 years of age, provided that specific ...
In Charts: Share of individual investors in MF AUM jumps eight-fold between FY2014 to FY2024
Further, the individual share in total AUM had reached 63 percent by June 2024, compared to 45 percent in FY2010. The mutual ...
So … what’s next for Bruins’ goalie grouping without Jeremy Swayman?
With Jeremy Swayman still unsigned, the Bruins' current goalie corps features Joonas Korpisalo and Brandon Bussi.