If you own a home or hope to buy one soon, what does the Fed’s interest rate cut mean for you?
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability.
Will the Federal Reserve cut interest rates again this year?
The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation and signaling welcome relief for borrowers. It remains to be seen, however,
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The blue-chip Dow was on pace to ink a milestone, a day after the Federal Reserve cut interest rates in a big way. The Dow Jones Industrial Average was up 1.3%, at last check, trading near 42,030. Should that level hold,
Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut
Stocks jumped Thursday as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow rose 633 points, or 1.5%, on Thursday afternoon to pass 42,000. The S&P 500 gained 2%,
Stocks jump following larger-than-expected Fed rate cut — but labor market concerns linger
Stocks surged to open Thursday trading in the wake of the Federal Reserve’s announcement that it was lowering interest rates by half a percentage point.
Stock Market Today: Dow tops 42,000, pushes deeper into record territory after Fed's big rate cut
Money-market funds shed $20.02 billion in assets in the past week, according to data from the Investment Company Institute. While balances were still lofty at $6.3 trillion for the week ending Wednesday,
Stock Traders ‘Sell the News’ After Fed Goes Big: Markets Wrap
Dollar rebounds after Fed goes big on rate cut
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.
The Dow closed above 42,000 for the first time after the Fed's big interest rate cut
The Dow Jones Industrial Average (SPGI) jumped 522 points Thursday and closed at a new record high, as the Federal Reserve’s decision to slash interest rates by 50 basis points gave fuel to markets.
Nike replaces its CEO with a longtime veteran and the stock is jumping
A leadership change is underway at Nike (NKE) as current CEO John Donahoe steps down, and longtime veteran Elliott Hill takes ...
Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands pat
Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the ...
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a ...
Fed rate cut forecasts show massive change from early summer optimism
With the warm evenings of summer starting to take hold, the baseball season in full swing and the eyes of the media on the ...
Miami man among 2 charged in $230 million cryptocurrency theft and laundering scam
A Miami man is facing charges after authorities said he teamed up with a California man in a scam to steal and launder over ...
Sterling feeds on peculiarly high BoE 'terminal rate': Mike Dolan
By Mike Dolan LONDON (Reuters) -Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency ...
Nike Replaces CEO Donahoe With Veteran Executive in Revival Bid
Nike Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill out of retirement ...
Death of young Ernst & Young employee raises questions about workplace culture
Indian authorities are investigating the work environment at Ernst & Young after the death of a 26-year-old employee whose ...
Anti-money laundering watchdog calls on India to speed up prosecutions
The global anti-money laundering watchdog, the financial Action Task Force (FATF) urged India on Thursday to speed up its ...