Morning Report — Government funding up in the air
Lawmakers in the House are launching plan B to avert a government shutdown at the end of the month. Speaker Mike Johnson ...
Morning Bid: Taking stock after Fed glow, Japan/China hold
The big Fed cut alongside news of falling weekly jobless puts the 'soft landing' firmly on track and all stock indexes surged on Thursday - with new record highs for the S&P500 (.SPX) and the ...
Voters split on whether Harris or Trump would do a better job on the economy, new poll shows
A new poll finds neither Kamala Harris nor Donald Trump has a decisive edge with the public on the economy, turning an issue ...
CD Interest Rates Forecast: Will CD Rates Go Up In 2024?
As the Federal Reserve starts to cut rates, what's happening to interest rates on certificates of deposit (CDs)? After steady ...
Why Shares of Tencent, PDD, and Futu Are Rising Today
Shares of the Chinese tech conglomerate Tencent Holdings ( TCEHY 3.62%) traded roughly 3.3% higher, as of nearly 1 p.m. ET, while shares of the Chinese online retailer PDD Holdings ( PDD 2.66%) traded ...
What the Fed’s Big Rate Cut Reveals About the Economy
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...
The Fed cut rates for the first time in 4 years. What does that mean for your money?
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances ...
Mortgage rates are coming down — and home buyers are ready to pounce
Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.
The Fed’s rate cut had nothing to do with politics. That’s not holding politicians back
Jerome Powell, the unflappable Federal Reserve chair, would never march into a press conference, declare victory over ...
It’s the Economic Vibe, Stupid
Polling shows voters feel persistently sour about the economy, a confounding dynamic for Democrats. The war on inflation is ...
Surprise! The Fed Cut Interest Rates by Half a Point -- Here's What It Means for Your Money
The Fed announced a 50 basis point rate cut on Sept. 18, 2024, bigger than expected. See what it means for your finances and ...
Jumbo Rate Cut Was To Defend ‘Basically Fine’ Economy, Powell Says
“The U.S. economy is in good shape,” Powell said. “It's growing at a solid pace. Inflation is coming down. The labor market ...