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US Fed begins rate cut cycle
Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut
Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.
Federal Reserve lowers interest rates by 0.50 percentage points in first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Analysis-Rate Cuts Are Here, but US Stocks May Have Already Priced Them In
As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks may have already priced in the benefits of easier monetary policy, making it harder for markets to rise much further.
1h
Newsom's deepfake election laws are already being challenged in federal court
Gov. Gavin Newsom signed three bills to combat deepfake election content and remove deceptive material from social media, but ...
8h
Federal judge sets deadlines in SSCVA suit
The South Shore Convention and Visitors Authority and its former President and CEO Speros Batistatos could be headed to court ...
22h
on MSN
Federal Reserve Rate Cut Sparks MAGA Fury: 'Election Interference'
Prominent Republicans have questioned the timing and size of the Fed rate cut ahead of the November presidential election.
43m
Boston manufacturer Cabot Corp. gets $50 million federal grant for Michigan factory
The money will go toward a plant just west of Detroit where the company plans to make conductive materials for ...
16h
on MSN
Hunter Biden's sentencing on federal firearms charges delayed until December
Hunter Biden will be sentenced on felony firearms charges in December after the judge agreed Thursday to a delay requested by ...
20h
Inside the Brooklyn Federal Jail Where Sean ‘Diddy’ Combs Is Locked Up: Violence, Squalor, and Death
Sean 'Diddy' Combs was sent to the Metropolitan Detention Center in Brooklyn, a place that’s been described as “hell on earth ...
10h
Goon Squad Violence Leads to Federal Investigation of Mississippi Sheriff’s Office
The Justice Department will determine if allegations of widespread violence and improper searches amount to a pattern of ...
5h
Man killed in vehicle outside Federal Way apartment
The man, in his 20s or 30s, was found when a 911 caller reported a shooting outside the Avana Star Lake Apartments.
13h
on MSN
Federal prison in Minnesota on lockdown for more than 2 weeks due to drug use incident
A spokesperson for the Federal Bureau of Prisons confirmed Thursday that the Waseca Federal Correctional Institution was ...
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