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The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year ...
The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, ...
The FOMC voted 11-1 to cut the federal funds rate by a quarter percent, setting the interest rate between 4 and 4.25 percent.
Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it.
The early read on the September policy meeting was that chairman Jerome Powell retains the ability to “muster majority ...
The number of Americans applying for jobless aid last week retreated significantly after surging to a nearly four-year high a ...
0759 GMT - Oil prices slip in early trade as investors weigh a widely anticipated rate cut in the U.S. and mixed signals about demand. Brent crude is down 0.5% to $67.60 a barrel, while WTI falls 0.6% ...
Here’s what else you need to know to get up to speed and on with your day. 1️⃣ Jimmy Kimmel. Disney’s ABC announced it is ...