federal Reserve
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Business
Dow tumbles over 300 points after weak jobs report spooks investors
Wall Street’s main indexes fell on Friday after a crucial jobs report did little to clear the uncertainty around the…
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Business
US labor market added 142,000 jobs in August, fewer than expected
The American labor market weakened last month as employers added just 142,000 jobs in August — well below analyst estimates…
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Business
The Fed is finally about to start cutting rates — and here’s why you shouldn’t care
So it looks like the Fed will finally cut rates in September. But by how much? And is it too…
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Business
Federal Reserve Chair Jerome Powell says ‘the time has come’ to cut interest rates
Federal Reserve Chairman Jerome Powell signaled he is finally ready to start cutting interest rates, saying he believes the central…
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Business
Dow soars over 400 points as Wall Street cheers Fed rate cuts are on the way
Stocks rallied on Friday as dovish remarks from Federal Reserve Chair Jerome Powell solidified expectations that the central bank will cut…
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Business
Most Federal Reserve officials ready to cut rates in September if inflation keeps cooling
Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting…
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Business
Target sales surge as customers flock to low-cost retailers
Target’s earnings and revenue beat Wall Street’s forecasts in the latest sign that shoppers are flocking to discount chains as…
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Business
Dow surges 400 points, strong retail sales data ease fears of slowdown
The Dow jumped more than 400 points as Wall Street’s main indexes rose about 1% on Thursday as retail sales data for…
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Business
Bear market coming in 2025 over economic slowdown, AI bubble: David Roche
Investor and strategist David Roche expects the economy to enter a bear market in 2025, he said on Monday. The…
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Business
Mortgage rates fall to 6.47%, lowest level in more than a year, as Fed cut looms
Mortgage rates fell to their lowest level in more than a year in a welcome sign for the beleaguered housing…
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