The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...

By Mike Dolan LONDON (Reuters) -Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency ...

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 ...

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 ...

Kristina Hooper, chief global market strategist at Invesco, said the U.S. economy looks set to avert a recession as the Fed starts easing monetary policy just ahead of the U.S. election, and she ...

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 ...