Oil prices fall as Fed rate cut stirs economic worries, storage report mixed
Oil fell on Wednesday after two sessions of gains after an industry report showed increasing U.S. crude and fuel inventories, ...
Fed’s Jerome Powell admits ‘we might well have’ cut rates in July if it knew about jobs report
Powell, however, said the policy decision announced by the Fed on Wednesday does not mean it is behind the curve; rather, he ...
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...
From auto to banks to IT: Analysts pick top sectors after US Fed rate cut
Analysts say banks, auto, real estate, IT, pharma, and metal sectors look attractive after the US Federal Reserve's rate cut ...
Social Security Pays Wrong People $22.8 Million: Fed Report
Representative payees have received millions of dollars in incorrect payments, according to the findings of a federal audit.
Fed might have cut rates at July meeting, Powell says
The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as ...
Two key inflation reports this week will help decide the size of the Fed's interest rate cut
The Bureau of Labor Statistics will first release the consumer price index Wednesday and then the producer price index ...
The Federal Reserve is finally lowering rates | Here's what consumers should know
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
Fed rate cuts are arriving too late and layoffs show the US economy is already in a recession, bond king Jeff Gundlach says
Layoff announcements climbed 193% over the last month, according to a report from the consultancy Challenger, Gray, & ...
The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn't satisfied.
The paltry CPI report means the Fed will likely only cut interest rates by a quarter percentage point. Wall Street, for ...
Fed cuts interest rates a half point in landmark policy shift
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...