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Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
A number of stocks jumped in the afternoon session after the semiconductor sector continued to rally as a favorable July inflation report boosted investor confidence for a potential Federal Reserve ...
The blue chip Dow Jones Industrial Average gained 1.0% to 44,922 on strength in UnitedHealth Group ( UNH, +3.9%) and Nike ( NKE, +3.1%). The IPO market remains hot as evidenced by today's market debut ...
Donald Trump, from inside the White House, said Wednesday that he's already trimmed his Fed chair shortlist down to “three or ...
Inflation remained stable last month, but underlying price pressures accelerated in a concerning change for the Fed as it debates a rate cut in September.
Newsom moving on redistricting{beacon}PRESIDENT TRUMP took a hardline with Russian President Vladimir Putin on Wednesday ahead of their high-stakes summit in Alaska at the end of the ...
U.S. stocks are ticking higher after a rally spurred by hopes for lower U.S. interest rates wrapped around the world.
And even small changes in the average inflation rate will have a big effect on your standard of living over time. If inflation averages 3% in your retirement instead of 2%, your purchasing power will ...
U.S. stocks are ticking higher after a rally spurred by hopes for lower U.S. interest rates wrapped around the world. The S&P ...
Treasury Secretary Scott Bessent wants Federal Reserve officials to lower interest rates by half a percentage point at the ...
Most of us just accept that government economic data is the best possible estimate of the economy. That could change, and that would be bad for all of us.
Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...
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