Stock market today: Nasdaq, Dow, S&P 500 hit records as tech surges, Fed's Powell says economy in 'remarkably good shape'
A tech rally boosted US stocks on Wednesday, with all three major indexes hitting new record closes, as investors digested ...
The Mercury2h
Powell: Fed’s independence from politics is vital to its interest rate decisions
WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve’s ability to set interest rates free of ...
Daily Maverick4h
Tech rally, Powell comments boost indexes to record closing highs
All three major US stock indexes scored record closing highs on Wednesday as technology shares rallied after upbeat results from Salesforce and as comments by Federal Reserve Chair Jerome Powell gave ...
RBI Policy: MPC meeting begins today; will the central bank cut the repo rate? Experts weigh in
The RBI is expected to maintain current policy rates in the upcoming MPC meeting, signalling potential future cuts. With GDP ...
Inflation threatens Fed rate-cut expectations once again. Here's why.
Inflation is back in the spotlight and could supplant this week's jobs data when it comes to how traders, investors and officials at the Federal Reserve think about further interest-rate cuts. The ...
3 mistakes to avoid if your CD matures in 2024
With just weeks left in 2024, savers who have a CD set to mature this year should avoid making these big mistakes.
Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms
Markets are still pricing in another cut in interest rates of 25 basis points when the Fed meets in two weeks. Unless things ...
Fed Chair Powell Acknowledges Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the ...
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
The Business Journals6h
2025 could bring some relief to one major housing challenge. Here's what to expect in the new year.
The supply of homes on the market has grown to levels not seen since December 2019 ... whether the Federal Reserve issues any ...
Savers hit by ‘Grinch-style’ cuts as rates reduced on over 200 accounts
SAVERS are being warned about Grinch-style cuts to returns as interest rates are being slashed on over 200 accounts, The Sun ...
Powell Remarks Watched for Sign of Pushback or Support of Fed Rate Cut
The Fed chair in fact has pressed on the need for the central bank to keep its options open at a time of increased ...