Understanding the Federal Reserve's unexpected interest rate cut and its potential impact on job market and economy.
Retail sales inch up 0.1% in August, signaling consumer resilience amid economic challenges and Fed's rate cut considerations ...
September Fed meeting: What homebuyers should know Will mortgage rates drop now that the Fed has cut rates? How Fed rate cuts affect mortgage rates Is it a good time to buy a house now?
Barrick Gold has suspended operations at its Porgera gold mine in Papua New Guinea until Thursday after tribal violence in ...
The difference between the two possible approaches to the first Fed rate cut since 2020 may sound trivial. After all, Fed officials are expected to launch a flurry of rate reductions now that ...
A quarter percentage point? A half? We will learn for sure during the Fed’s press conference on Wednesday. But rates don’t magically change just because a Fed official announces they’ve changed.
Workhorse says FedEx will be able to avoid an estimated 607 metric tons of harmful tailpipe emissions annually. Workhorse electric delivery van logo; via Workhorse. Sharp readers will recall that ...
“This is a big meeting,” said former Kansas City Fed president Esther George. “It’s one that’s been foreshadowed since late last year. It’s long been expected.” The central bank is ...
The stock market is on the verge of a multi-week rally after a major Fed decision on interest rates is handed down on Wednesday, according to Fundstrat's head of research, Tom Lee. The prominent ...
After its last policy meeting in July, the Fed kept its benchmark federal funds rate steady at a 23-year-high range of 5.25% to 5.5% but opened the door to interest rate cuts if inflation ...
"The time has come for policy to adjust," Fed Chair Jerome Powell said during his address at a gathering of central bankers in Jackson Hole, Wyoming, last month. The inflation data from the ...
"In the very short-term, we think the best case scenario for equities this week is that the Fed can deliver a 50bp rate cut without triggering either growth concerns or any remnants of the yen ...