Look at headline CPI and PCE to understand broad direction. Then pay attention to components that matter most to your ...
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed ...
U.S. stocks pulled back on Wednesday afternoon as Federal Reserve Chair Jerome Powell was outlining the thinking behind another interest-rate cut of 25 basis points. Powell pointed to weakness in the ...
Expectations for another Federal Reserve interest-rate cut in a few minutes has investors pushing stocks to fresh records Wednesday. The S&P 500 hit an all-time intraday high of 6,920.34 earlier in ...
The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank's target. Fed ...
Stocks rose, with the Dow industrials briefly climbing above 48000, ahead of a likely to cut to interest rates. Nvidia's stock jumped, making it the first company to reach a market capitalization of ...
Pre-markets are picking up where they left off as of Tuesday’s closing bell: three major indexes advancing to all-time highs, with only the small-cap Russell 2000 slightly off this morning. The Dow is ...
WASHINGTON (AP) — The Federal Reserve is expected to cut its short-term rate Wednesday for the second time this year despite an increasingly cloudy view of the economy it is trying to influence. A ...
Global markets were mixed ahead of the Federal Reserve’s interest-rate decision later Wednesday where a 25 basis-point cut is widely expected, and ahead of more U.S. big-tech earnings. President Trump ...
The Federal Reserve is set to make its next interest rate decision today, even as a near-total blackout of federal economic data continues amid the government shutdown. The Labor Department, however, ...
The Federal Reserve on Wednesday cut its benchmark interest rate for the second time this year as it seeks to boost economic activity and rejuvenate the sluggish labor market despite concerns about ...
Wall Street was pointing toward gains in premarket trading Wednesday as markets focus on the latest corporate earnings ahead of the Federal Reserve's interest rate decision this afternoon. Futures for ...