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 ...
Tim Walz's risky financial move that experts warn will 'blow up your retirement' if you follow suit... so how will he manage a $29 trillion economy?
Tim Walz has been touted as potentially the poorest VP in history and experts suggest one questionable decision might be a ...
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 ...
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 ...