federal Reserve
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Business
Fed might have cut rates at July meeting: Fed Chair Powell
The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it…
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Business
Fed chair Jerome Powell blames influx of illegal migrants for rising unemployment rate
Federal Reserve Chairman Jerome Powell blamed the migrant crisis for the nation’s growing unemployment after cutting the benchmark interest rate…
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Business
Dow leaps to all-time high after Fed slashes rates by half-point
Wall Street’s main indexes jumped in volatile trading on Wednesday after the Federal Reserve’s highly anticipated half-point rate cut first interest rate cut in more than…
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Business
Dow nears record as hopes for bigger Fed rate cut revived
Wall Street’s main indexes rose on Friday as investors reevaluated the possibility of a bigger interest rate cut by the…
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Business
Investor hopes high for bigger interest rate cut, sending Dow near all-time high
Hopes for a big rate cut from the Federal Reserve next week got suddenly revived, sending the Dow near an…
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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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