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 ...
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 ...
Stock Market Today: Stocks Swing Lower After Fed's Jumbo Rate Cut
Stocks were choppy in the lead-up to today's Federal Reserve policy announcement. While the main indexes made a confident ...
Should We Worry About the Slowing U.S. Economy
With the labor market cooling off and financial markets turning jittery, just how healthy is the economy right now?
Reuters1d
A cut — and then what?
if the economy was in a recession, data from Evercore ISI going back to 1970 showed. That compares to a 14% gain for the S&P 500 when the Fed cut in a non-recessionary period. The index is up 18% in ...
Stock market today: Stocks close mixed as investors gear up for major Fed rate decision
Though the S&P 500 briefly touched a new record, equities were mixed as investors remain split over the Fed's interest rate ...