Olive Garden parent Darden’s earnings hit by ‘significant’ drop in traffic in July, but stock gains on Uber delivery tie-up
Darden Restaurants Inc.’s stock rose 7% Thursday, after the parent to Olive Garden, LongHorn Steakhouse and other restaurant ...
Jobless claims fall to lowest level since May
The number of Americans who applied for unemployment benefits last week fell to the lowest level since mid-May.
Harris has closed the gap with Trump on who would handle the economy better, new report says
Democratic presidential nominee Kamala Harris has caught up to Republican rival Donald Trump on the question of which of them ...
Opinion: Stocks need to hold any gains after the Fed rate cut or the S&P 500 is at risk
A S&P 500 close well into new all-time high territory would be extremely bullish and eliminate worries. On the other hand, a ...
How low could mortgage rates go now that the Fed has finally started cutting? Economists weigh in.
The Federal Reserve announced Wednesday that it was cutting interest rates for the first time in four years. How far will ...
Powell’s recalibration on rates may bring 1995-like boost to stocks: strategist
That the U.S. no longer needs “emergency levels of monetary squeeze” should be bullish for risky assets, says one strategist.
Homeowners scramble to refinance as U.S. mortgage rates hit two-year lows
A then–newly purchased house in Chicago’s Lincoln Park neighborhood undergoes renovation in 2022. A big drop in mortgage ...
Bond market gets a Fed wake-up call after pricing in a recession
Long-term yields rose even though the Federal Reserve took a big bite out of interest rates on Wednesday. Here’s why.
Mortgage rates fall to lowest level in two years: Here’s how much money you need to buy a $400,000 home
Mortgage rates fell to the lowest level in two years a day after the Federal Reserve cut its benchmark interest rate. The ...
Stock Market Today: Dow climbs 100 points after Fed's historic rate cut of 50 basis points
U.S. stocks rose after the Federal Reserve lowered its benchmark interest rates by 50 basis points to a range of 4.75% to 5%.
Bond spreads for ‘Magnificent Seven’ tighten as investors celebrate interest-rate cut
Bonds issued by the so-called Magnificent Seven group of big tech companies perked up Thursday, after the Federal Reserve ...
Fed rate cut has ‘delayed but not derailed’ recession, this stock-market veteran warns. Here’s what you should buy now.
With interest rates headed lower, own long-term Treasury bonds and gold, plus utilities, real estate, financials and dividend ...