For all the nail-biting about the economy over the past year, investors had it easy: a 5% yield on short-term U.S. debt, one ...
Futures for the Dow Jones Industrial Average slipped 18 points, effectively trading flat, and S&P 500 futures ticked down 0.1%. Both gauges had rallied to new highs on Thursday as investors mulled the ...
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...
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 ...
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is ...
One of the most immediate effects of Fed rate cut is the shift in global capital flows. That is where emerging markets like ...
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 ...
President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump’s economic policies as a failure ...
The number of Americans applying for unemployment benefits fell to their lowest level in four months last week. Claims slid ...
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...