Fed's Powell says immigration surge boosted unemployment rate
Fed Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to the rise in ...
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The Fed has poured rocket fuel on the red-hot AI trade
"The Fed finally ripped the band-aid off and cut 50 bps with a dovish dot plot into 2025 that we view as a very bullish ...
Fed decision opens the real estate floodgates after four years
"Everybody's happy" about the Federal Reserve's rate cut – at least in real estate – potentially opening the floodgates to ...
Global investors brace for turmoil as big Fed cut sows confusion
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...
Stock market today: Indexes close at record highs and tech soars after Fed rate cut
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
The Fed just convinced markets it's not behind the curve
The Fed eased any prevailing investor concerns that it's aggressively cutting interest rates because it believes an economic ...
Fed's big cut may have been closer call than lone dissent suggests
The Federal Reserve's big bang start on Wednesday to what's expected to be more interest-rate cuts this year and next may ...