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Fed cuts rates again but signals pause ahead
WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire from President Donald Trump, who has demanded steep reductions to borrowing costs. In a statement […]
Stocks slip as Wall Street awaits Fed rate decision
U.S. stocks were flat as investors awaited the Fed’s rate decision, with inflation concerns and rising Treasury yields shaping sentiment.
Fed faces divided debate ahead of expected rate cut
A divided Fed heads into a contentious meeting as Chair Jerome Powell seeks support for a third rate cut amid weak hiring and high inflation.
Wall Street rises to the edge of its all-time high
The S&P 500 closed just shy of a record as ULTA and Victoria’s Secret surged, while investors await a possible Fed rate cut next week.
Fed’s preferred inflation gauge stayed elevated in September as spending weakened
Inflation stayed steady in September, easing the path for a possible Fed rate cut next week as consumer spending slows and job losses rise.
US mortgage rates fall to 6.19%, nearing yearly low
U.S. mortgage rates dropped to 6.19%, the lowest since October, boosting buying power as Fed rate cuts loom and housing demand improves.
Jobless claims fall to 3-year low ahead of Fed decision
WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in more than three years during Thanksgiving week, potentially complicating the Federal Reserve’s upcoming decision on interest rates. The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the […]
Wall Street pulls near its all-time high
U.S. stocks climbed as mixed economic data boosted hopes for a Fed rate cut, pushing the S&P 500 near its record high and easing Treasury yields.
US stocks rise as Wall Street looks to add to its winning streak
U.S. stocks climbed Wednesday as traders grew more confident the Fed will cut interest rates in December, with tech shares and strong retail earnings lifting markets.
Stocks climb on hopes for lower interest rates as Dow rallies 660 points
US stocks climbed as bond yields eased and traders priced in strong odds of a December Fed rate cut. Retailers and small-cap stocks led broad market gains.
Stocks rally ahead of Thanksgiving on Fed rate-cut hopes, AI surge
U.S. stocks climbed Monday as investors bet on a December Fed rate cut and AI giants boosted the market ahead of the Thanksgiving holiday.
Stocks rise as Wall Street rebounds from sharp swings
US stocks rebounded Friday after volatile swings, with the S&P 500 up 1% as investors weighed Fed rate-cut signals and Big Tech uncertainty.
