Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week with the average rate falling from 5.27% to 5.15%. A ...
Bank of America predicts deeper Federal Reserve rate cuts despite its recent 50 bps reduction. They forecast an additional 75 ...
Dagen McDowell, anchor and analyst on Fox Business Network and co-host of The Bottom Line with Dagen McDowell & Sean Duffy, joined The Guy Benson Show.
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...
Solana prices rallied today, causing the highly prominent cryptocurrency to attain its highest value in several weeks.
Financial advisors say the rate cut proves the Fed thinks we’re at a point where we can safely lower interest rates to ...
The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.
Wall Street eagerly embraces the 50 basis points rate cuts implemented by the Federal Reserve. The Dow Jones index achieves a ...
Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.
Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a ...