Latest in As Fed rate cuts continue, here’s where to find CDs that are actually increasing their yields
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Fed rate cuts were supposed to buoy small-cap stocks. What’s holding them back?
Small-cap stocks were widely expected to benefit most from the Federal Reserve’s interest-rate cuts — but that has yet to materialize.Business - MarketWatch - October 26 -
Larry Fink says the Fed won't cut interest rates as much as markets expect this year
"I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.Business - CNBC - October 29 -
Election-week Fed meeting won’t give markets the roadmap they want
Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce the benchmark interest rate by a quarter-percentage point to a range of ...Business - MarketWatch - 3 days ago -
The stock market is expecting more interest-rate cuts than the Fed can give
The U.S. central bank doesn’t have much room to combat the next U.S. economic crisis.Business - MarketWatch - 12 hours ago -
Interest rate cut expected from Fed, U.S. markets surge after Trump election win
Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...Top stories - CBS News - 17 hours ago -
Watch live: Fed Chair Jerome Powell speaks after interest rate cuts
Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...Politics - The Hill - 11 hours ago -
Why credit card debt forgiveness is worth it even with more Fed rate cuts
Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.Top stories - CBS News - 11 hours ago -
How the Fed's rate cut and this week's election made for record-breaking market rallies
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - 10 hours ago -
S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates
The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve.Top stories - NBC News - 8 hours ago -
Here’s how ETF investors can lock in higher yields as Treasury rates jumped in October
Defined-maturity bond ladder ETFs could help investors lock in high yields and maturity dates to match their investment goals during periods of heightened market volatility.Business - MarketWatch - October 31 -
Why you should open a CD before the November Fed meeting
The benefits of opening a CD could soon be waning. Here's why you should open one before the November Fed meeting.Top stories - CBS News - October 14 -
Why you should open a $10,000 CD before the November Fed meeting
For many savers, it makes sense to deposit $10,000 into a CD before the next Federal Reserve meeting. Here's why.Top stories - CBS News - October 29 -
Trump chooses Susie Wiles as White House chief of staff
President-elect selects his 2024 campaign manager in first appointment to a major role in his administrationWorld - Financial Times - 7 hours ago -
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The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you
The second interest rate cut in a row will affect consumer borrowing costs. Here's what it means for your credit card, mortgage rate, car loan and savings.Business - CNBC - 9 hours ago -
The top 5 'relatively affordable' U.S. cities where you can find a home for under $300,000: 'We're seeing sellers cutting prices'
"It's not chaos everywhere": Here are the top 5 metro areas where you can still find a reasonably priced home, according to Realtor.com.Business - CNBC - October 19 -
Where interest rates are heading
The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curveWorld - Financial Times - October 14 -
Fed Beige Book continues to point to sluggish economy
Nine out of 12 districts report flat or declining activity.Business - MarketWatch - October 23 -
Prop 36 supporters say it will combat California's retail theft. Here's what to know.
CBS News California examined retail theft rates in California and whether the high-profile Proposition 36 would help combat those crimes.Top stories - CBS News - October 24 -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
What to do when your CD matures in today's rate climate, according to experts
There are a few moves you may want to make when your CD hits maturity, experts say. Here's what to know.Top stories - CBS News - October 22 -
Here's what changed in the new Fed statement
This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.Business - CNBC - 10 hours ago -
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - October 31 -
10-, 30-year Treasury yields end at highest since July as deficit worries grow
Monday’s selloff in U.S. government debt pushed long-dated yields to their highest levels in almost three months amid growing concern about the potential for rising deficit spending after the Nov. ...Business - MarketWatch - October 21 -
STMicroelectronics Cuts Outlook Again on Continued Weak Demand
STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.Business - The Wall Street Journal - October 31 -
Mortgage rates increase for the fifth straight week — but there’s good news
The 30-year mortgage rate is averaging 6.72%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - October 31