WASHINGTON, Sept. 20 (Xinhua) -- The U.S. Federal Reserve has announced that it will slash the target range for the federal funds rate by 50 basis points, marking the first rate cut since March 2020 ...
The Federal Reserve's 50 bps rate cut seems like a big tailwind for dividend stocks. Explore strategies to navigate potential ...
FedEx cut its outlook after posting lower quarterly profit and revenue. Its stock fell 13%; shares of rival UPS also fell. Ford and General Motors fell after Mercedes-Benz trimmed its forecasts and ...
Reaction from Trump world shows the fight is now over who gets credit for what looks like a soft economic landing: "Why ...
The U.S. stock market was already priced two-thirds of the way for a 50 basis point cut. So they basically delivered on what they market was already discounting. It was probably the appropriate move ...
After an all-out fight against inflation over the past two years, the Federal Reserve recently voted to lower interest rates by half a percentage point.
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...
In the bond market, the yield on the 10-year Treasury held steady at 3.71%, where it was late Wednesday. The two-year ...
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 ...
Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of ...
Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger ...
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