They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
It was a historic week for Wall Street, with the benchmark S&P 500 (SP500 ... And it was a bumper 50 basis point cut at that! Aside from the Fed, there were some major earnings-related moves as well ...
Federal Reserve Governor Christopher Waller said Friday that it was the August inflation data released during the Fed's blackout period - and not concerns over a weakening labor market - that ...
On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
If stocks already were due for a tumble and the economy for a recession, the Fed’s rate cut probably didn’t avert it.
Editor: So now the FED is entering into election interference. Powell said the core rate had to be below 2% before lowering the points. But here it is at 3% ...
U.S. stocks are pulling back Friday from the records they set the day before during a worldwide rally. The S&P 500 was 0.5% ...
US stocks finished mixed Friday, with the Dow closing at a fresh record as Fed officials spoke out about their recent vote to cut interest rates by half a percentage-point.
The S&P 500 (SP500) on Friday added 1.36% for the week to end at 5,702.53 points, posting gains in three out of five sessions. Read more here.
Strategas chairman and CEO Jason Trennert reacts to the Federal Reserve slashing rates ahead of the election on 'Maria ...
NEW YORK — A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs ...
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...