News

Dollar struggles as Fed rate-cut bets build, bitcoin soars to record

The U.S. dollar languished at multi-week lows versus major peers on Thursday as traders ramped up bets for the Federal ...

Asian shares are mixed after days of gains driven by hopes for US rate cuts

Asian shares were mixed on Thursday after days of gains driven by hopes for lower U.S. interest rates, while U.S. futures ...

Home equity rates dip as hopes of a Fed September slash strengthen

This uncertainty introduces interest rate risk, especially for HELOCs with variable rates, meaning borrowing costs could ...

As the Fed cuts rates, flows from money market funds will broaden the rally: Citadel strategist

Scott Rubner, a former Goldman Sachs tactical strategist now at Citadel Securities, remains upbeat on stocks through to Labor ...

Mortgage Interest Rates Today: Mortgage Rates Drop to Four-Month Low as Pressure Mounts on Fed

The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.

Dollar in doldrums as Fed rate-cut bets build; bitcoin soars to record high

The dollar languished near multi-week lows against the euro and sterling on Thursday as traders ramped up bets for the ...

Fed's Goolsbee is concerned about inflation, not jobs, hinting at high bar for rate cut

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a ...

Fed's current monetary policy stance is 'exactly where we want to be,' official says

Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...