Bitcoin stays above $60,000 after Fed’s jumbo rate cut. Here’s what to watch next.

Wall Street reacts to Trump win as Fed weighs interest rate cut

President-elect Trump’s victory spurred a surge on Wall Street with the Dow Jones, S&P and Nasdaq reaching record highs. It comes as the Federal Reserve is weighing another interest rate cut with a ...

Why mortgage rates could be heading to 8%, despite a Fed cut

The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.

Business - MarketWatch - 4 days ago

Trump’s win and the Fed’s rate cut are giving the stock market an open road

S&P 500 races ahead, and opportunities surface in solar power and crypto.

Business - MarketWatch - 5 days ago

How the interest rate cut from the Fed could affect you

Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has ...

Why the stock market can count on another Fed rate cut in December

The trend in short-term rates leading up to the U.S. presidential election usually persists.

Business - MarketWatch - 3 days ago

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 - 5 days ago

Mortgage Rates Fell, Then Rose. What Comes Next?

Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.

Business - The New York Times - 6 hours ago

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - November 1

What’s Next for Kamala Harris? Here Are Six Options.

Her friends, aides and political allies say it’s too soon for her to even contemplate her next career move. But the speculation has already begun.

Top stories - The New York Times - 5 days ago

As bitcoin nears $90,000, is now the time to buy?

Bitcoin reached an all-time high above $89,000 on Monday, amid enthusiasm that digital assets may face a more friendly regulatory environment after Donald Trump, who is considered pro-crypto, won ...

Business - MarketWatch - Yesterday

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...

Business - MarketWatch - October 14

Fed’s Daly open to skipping rate cut at one of two remaining meetings this year

San Francisco Fed President Mary Daly on Tuesday said she is open to skipping an interest-rate cut at one of the Federal Reserve’s two remaining policy meetings this year.

Business - MarketWatch - October 15

Big Fed rate cut was justified, but it may have acted politically, Trump economic adviser says

Kevin Hassett, who was Chairman of the Council of Economic Advisers in the Trump administration from 2017 to 2019, agreed with Trump’s view that the Federal Reserve has acted politically in recent ...

Business - MarketWatch - October 19

We're buying more shares on the dip in this Fed rate-cut stock tied to housing

Some of this decline is probably due to profit-taking since the stock has gone straight up since Sept. 6.

Business - CNBC - October 22

How to rethink cash as the Fed cuts interest rates, according to top financial advisors

The U.S. Federal Reserve cut interest rates in September, and more cuts are expected at least into 2025. Earnings on cash are expected to fall as well.

Business - CNBC - October 23

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 - November 4

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.

Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks rise

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - 4 days 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.

4 smart home equity moves to make now that the Fed cut rates again

The Federal Reserve has issued another rate cut. Here are four smart moves home equity borrowers should make now.

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 - 3 days ago

Minneapolis Fed president says another interest rate cut in December is "certainly possible"

Neel Kashkari, the president of the Minneapolis Federal Reserve, tells "Face the Nation with Margaret Brennan" that another interest rate cut after the December Fed meeting is "certainly possible" ...

Sticky inflation might make it more tricky for Fed rate cuts, CPI could show

A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.

Business - MarketWatch - 7 hours ago

What to know about the interest rate cut expected from the Federal Reserve

Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.

Czech central bank cuts key interest rate to 4% as inflation stays low

The Czech central bank has cut its key interest rate for the eighth time in a row as inflation remains low and the economy is making a slow recovery

World - ABC News - 5 days ago

Latest in Bitcoin stays above $60,000 after Fed’s jumbo rate cut. Here’s what to watch next.