Last month, the Fed cut its benchmark interest rate a quarter of a percentage point, opting for its first interest rate cut this year in an effort to revive the labor market. The federal funds rate ...
Wall Street’s main indexes hit record highs on Wednesday, with Nvidia becoming the first company to surpass a $5 trillion ...
President Donald Trump has publicly chastised Chairman Jerome Powell, who he appointed in 2017 to lead the central bank, ...
Most Gulf equities ended higher on Wednesday in tandem with a global stocks rally ahead of U.S. Federal Reserve’s policy meeting, while rising oil prices also lent support.
Yields on 10-year notes rose two basis points to 3.99% after falling the previous two sessions, while monetary policy-sensitive two-year notes held steady around 3.49% Wednesday morning. Traders have ...
California Gov. Gavin Newsom hit back at Donald Trump’s latest price-drop brag with a meme claiming he had “made it up.” The ...
The US Federal Reserve concludes its two-day monetary policy meeting today (October 29), with markets widely expecting a 25 ...
"Chair Powell’s press conference will pivot away from economic data—given its scarcity—and instead focus on balance sheet ...
The Federal Reserve is widely expected to lower its benchmark interest rate by a quarter percentage point on Wednesday, ...
The Federal Reserve is anticipated to announce a cut in interest rates on Wednesday, despite the lack of government data due ...
First Financial is upgraded to "Buy" as NIM expansion, loan growth, and strong capital position drive an improved outlook.
The S&P 500 Index edged up 0.2% as of 9:31am in New York, while the Nasdaq 100 Index gained 0.5%. Nvidia Corp extended its ...