Sign In
Free Newsletter
US stocks rise after the Fed cuts rates and hopes build for more
NEW YORK (AP) — The U.S. stock market rose to the edge of its record on Wednesday after the Federal Reserve cut its main interest rate to bolster the job market, and hopes strengthened for more cuts to come in 2026. The S&P 500 climbed 0.7% and finished just shy of its all-time high, which […]
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 […]
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.
Fed cuts key rate again to support slowing economy
The Federal Reserve lowered its key rate to 3.9%, its second cut this year, aiming to boost hiring as inflation remains elevated.
Fed expected to cut interest rate again Wednesday
The Federal Reserve is expected to cut its key rate Wednesday, likely followed by another in December to support U.S. hiring.
Powell signals more Fed rate cuts amid hiring slowdown
Fed Chair Jerome Powell said slowing hiring raises risks for the U.S. economy, signaling two more rate cuts are likely this year.
Wall Street rebounds as investors shrug off trade tensions
U.S. stocks rebounded Tuesday as investors brushed off rising trade tensions between the U.S. and China after early losses.
Powell signals Federal Reserve to move slowly on interest rate cuts
Fed Chair Jerome Powell signaled caution on more rate cuts, diverging from Trump-appointed officials pushing for faster, deeper reductions.
Wall Street holds near its record heights
U.S. stocks eased Tuesday after record highs, with Nvidia slipping and gold prices soaring past $3,800 amid Fed rate-cut expectations.
Federal Reserve cuts key rate for first time this year
WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and it lowered its short-term rate […]
Wall Street coasts toward the finish of its best week in the last 5
NEW YORK (AP) — Wall Street is coasting toward the finish of its best week in the last five on Friday as U.S. stocks hang near their record levels. The S&P 500 was mostly unchanged from the all-time high it set the day before. The Dow Jones Industrial Average was down 204 points, or 0.4%, as […]
Average rate on a 30-year mortgage falls to lowest level in nearly a year
The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week. The long-term rate eased to 6.35% from 6.5% last week, mortgage buyer Freddie Mac said Thursday. A year ago, […]
