"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically ...
If stocks already were due for a tumble and the economy for a recession, the Fed’s rate cut probably didn’t avert it.
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
In the market, traders are pricing in about 70 basis points worth of easing by the end of the year — and nearly 2 percentage ...
Bitcoin is acting more like a regular stock, with its price now closely tied to Wall Street and U.S. equity markets. Recent ...
Many Americans are aware of the Fed's existence, at least: A recent Pew Research Center survey found that 45% have a favorable view of the U.S. central banking system, while 32% have an unfavorable ...
The U.S. stock market was already priced two-thirds of the way for a 50 basis point cut. So they basically delivered on what they market was already discounting. It was probably the appropriate move ...
A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs they hit during a worldwide rally the day before. The S&P 500 slipped 0.2% from its ...
U.S. stocks are pulling back Friday from the records they set the day before during a worldwide rally. The S&P 500 was 0.5% ...
Vice President Kamala Harris’ campaign blasted Donald Trump for criticizing the Federal Reserve’s first rate cut in four ...
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...
FedEx dragged on the market with a drop of 13.5% after its profit and revenue for the latest quarter fell short of analysts’ ...