The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy is making the “soft landing” that she ...
The latest pullback in rates should help spur demand for refinancing and home purchase loans, said Sam Khater, Freddie Mac’s ...
The Federal Reserve on Wednesday cut its short-term interest rate for the first time in four years—a sign that the central ...
Key Takeaways Bitcoin topped $63,000 a day after Federal Reserve cut rates by 50 basis points.Lower rates could benefit ...
With the stock market's surge on Thursday to fresh records, something extra has been taking hold of equities in the wake of ...
Historically, Nvidia shares have done well after rate-cut announcements when looking out several months. On average, the stock has seen a 6.9% gain in the month after a rate cut, a 16.6% gain in the ...
U.S. existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement ...
Representative payees have received millions of dollars in incorrect payments, according to the findings of a federal audit.
Thursday’s Fed-fueled stock rally means that there is a lot of green on the screen. But something is decidedly lower: the CBOE Volatility Index, or VIX. Wall Street’s so-called fear gauge tumbled ...
In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.
A Macquarie Group investment adviser has agreed to pay $79.8 million to settle charges in connection with overvaluing ...