OpenAI nearly doubles valuation to $157 billion in latest funding round, Tesla deliveries rose but analysts wanted more, and other news to start your day.

Promotions on CDs already aren't as good as they were in January, but some attractive yields of 4% or higher remain on one-year CDs.

FedEx is the type of stock I always watch, waiting for a pullback. It directly benefits from a megatrend, a bull market in e-commerce sales.

The Federal Reserve’s monetary-easing campaign for 2024 may already be over as the strong labor report Friday underscores the stubborn resilience of the world’s largest economy, according to Wall Street veteran Ed Yardeni.

The Fed's recent rate cut is big news for the economy, but can it help you get a cheaper mortgage? Find out if now is a good time to buy or refinance.

Why it matters: For now it looks likely that the U.S. economy could avoid a recession as inflation plunges and the labor market remains healthy. Powell signaled that lower rates could help guarantee a so-called "soft landing," but cautioned that some risks remain.

The Federal Reserve cut its key lending rate by 0.5% on Sept. 18. While it remains to be seen how many more rate cuts will occur, the consensus appears to be additional quarter-point cuts by the end of the year. These cuts are more likely to affect prices on Wall Street than on Main Street.

Friday’s job market figures in the US were very strong, suggesting that in fact there was no need for a large rate cut. This is the kind of macro climate we have seen in the mid and late 1990’s.

The Federal Reserve cut interest rates, then standard 30-year mortgage rates went up. It’s a warning that lower rates from here are not a foregone conclusion.