Dow hits 42,000 for first time in Fed fueled run
Investors celebrated the Federal Reserve's super-sized interest rate cut and what is likely the start of a long-time coming ...
Heard on the Street Fed Recap: Fifty Ways To Confuse the Market
The Federal Reserve cut rates by half a percentage point. But the market's reaction only raised more questions. Stocks ...
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Dow Jones Today: S&P 500, Dow Soar to Record Highs After Fed Cuts Rates
The Dow Jones Industrial Average also traded at a record, up 1.5%. The Nasdaq Composite surged 3%, led by soaring tech mega ...
Fed sees higher 'terminal' rate, reached sooner
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...
U.S. Jobless Benefits Applications Now Lowest in Four Months
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Smith: The Fed should be more measured now instead of making a big, bold move
Wells Fargo Advisors' Mark Smith says he doesn't see the need for a 50 basis point rate cut based on the economic data, and ...
Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...