Interest rates
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Business
When will Americans feel relief from the Fed’s interest rate cuts?
The Federal Reserve’s jumbo interest rate cut Wednesday should lower the rates for home mortgages, auto loans and credit cards…
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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
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
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
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
New-home construction slumps for 5th straight month
US single-family homebuilding dropped to near a 1-1/2-year low in July due in part to Hurricane Beryl’s disruption of activity,…
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