The Consumer Price Index rose 2.6% versus a year ago in October — falling in line with expectations, the Labor Department ...
Elon Musk, a key Trump backer who is expected to have considerable sway in helping shape Trump's policies, included a "100" ...
Investors prepare for potential fireworks as Trump vs. Powell sequel may unfold at Fed's final 2024 meeting. Will Trump's 2nd ...
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.
President-elect Donald Trump has won Arizona and its 11 electoral votes, CBS News projects, giving him a sweep of all seven ...
Bitcoin (BTC) cracked $77,000 and set another new all-time high on Friday, one day after the U.S. Federal Reserve opted to ...
Looking across the sector landscape, the big winners for the week were the financial and banking stocks. The positive results ...
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
If bond investors take away one lesson from the last few years, it's this: pay attention not so much to what Jerome Powell ...
Treasuries inched higher, adding to gains clocked Thursday. The 10-year yield edged down two basis points to 4.31%, taking ...