JPMorgan Chase & Co added 1.1%, Bank of America climbed 1.6%, Wells Fargo advanced 1.5% after the big banks lowered their ...
U.S. stocks rose after the Federal Reserve lowered its benchmark interest rates by 50 basis points to a range of 4.75% to 5%.
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
The Federal Open Market Committee (FOMC) wrapped up its regularly scheduled two-day policy meeting by cutting the short-term ...
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...
traders are pricing in a 100% chance that the Federal Reserve will cut its influential fed funds rate in September. That's up ...
It might tempt the European Central Bank to consider lowering rates again next month, for a third time since June.
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
If voted into office in the November US presidential election, former President Donald Trump said he promises to impose ...
Stocks were choppy in the lead-up to today's Federal Reserve policy announcement. While the main indexes made a confident ...
"While we acknowledge risks of larger cuts at subsequent meetings, we think the Fed will start off with a 25bp cut next week, ...
The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater ...