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 ...
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 ...
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.
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 ...
The Fed is following its 1995 playbook — and that's great news for stocks and the economy
The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling in value by the end of the ...
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 ...
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 ...