S&P 500 closes at record high after Fed makes jumbo cut to US interest rates

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.

Dow, S&P 500 close at record highs and mark the year's longest winning streak

Both the S&P 500 and the Dow Jones Industrial Average surged to new record highs Friday, sealing six straight weeks of gains.

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

‘800lb gorilla’: luxury brands battle China’s hit grey-market app

Sales of top brands on DeWu make up estimated 70% of country’s grey market as consumers hunt for lower prices

World - Financial Times - October 15

Labour donor to back Tortoise’s proposed purchase of Observer

South African businessman Gary Lubner in talks on taking minority stake in online start-up

World - Financial Times - October 15

The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

Strong economic data and a still-hot economy has made some experts wonder whether the central bank made the right call with its jumbo rate cut.

Business - Inc. - October 18

S&P 500 eyes another record close — plus, our 2 health-care stocks that defied the group

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

Business - CNBC - October 18

These 6 charts suggest investors should proceed with caution as S&P 500 hits 47th record high of 2024

Some say investors are growing too complacent as the bull market shows no signs of slowing down.

Business - MarketWatch - October 19

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - 2 days ago

What the Fed rate cut means for mortgage interest rates

Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.

Top stories - CBS News - 2 days ago

What the Fed rate cut means for HELOC interest rates

The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.

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 - 2 days 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 - 2 days ago

10-year Treasury yield ends below 4-month high after Fed cuts rates again

Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.

Business - MarketWatch - 2 days ago

Is an End to the S&P 500’s Record Rally in Sight?

The S&P 500’s huge gains over the past two years won’t be duplicated some analysts say, as a series of economic challenges piles up.

Business - The New York Times - October 22

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 ...

Here's what to expect with the Fed's next interest rate cut looming

On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.

Top stories - CBS News - 2 days ago

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - 2 days ago

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - 2 days ago

What does the Fed's interest rate cut say about the state of the economy?

The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly ...

Top stories - CBS News - 2 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 ...

What will happen to mortgage rates after this week's Fed rate cut?

The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.

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

Fed poised to look past US election uncertainty with quarter-point rate cut

Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policy

Business - Financial Times - 6 days ago

Yahya Sinwar: the ruthless architect of Hamas’s October 7 attack

Fugitive militant who spent decades in jail has been killed in Gaza

Business - Financial Times - October 17

Trump hawks merchandise as White House race enters final stretch

Republican candidate cashes in on fame to sell pieces of his suits, branded jewellery and footwear and his image

Business - Financial Times - October 17

Will UK interest rate cut make mortgages and loans cheaper?

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome

World - Financial Times - October 15

Will gold's price fall after this week's Fed rate cut?

The Fed rate cut could have a big impact on gold prices this week, but that impact may not be what you'd expect.

US central bank boss says Trump can't fire him

The US central bank cuts interest rates, as its chairman vows to stay on the job.

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 further

World - Financial Times - October 23

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

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

Latest in S&P 500 closes at record high after Fed makes jumbo cut to US interest rates

S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates

Dow, S&P 500 close at record highs and mark the year's longest winning streak

Fed cuts interest rates days after election

‘800lb gorilla’: luxury brands battle China’s hit grey-market app

Labour donor to back Tortoise’s proposed purchase of Observer

The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

S&P 500 eyes another record close — plus, our 2 health-care stocks that defied the group

These 6 charts suggest investors should proceed with caution as S&P 500 hits 47th record high of 2024

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

What the Fed rate cut means for mortgage interest rates

What the Fed rate cut means for HELOC interest rates

Interest rate cut expected from Fed, U.S. markets surge after Trump election win

Watch live: Fed Chair Jerome Powell speaks after interest rate cuts

10-year Treasury yield ends below 4-month high after Fed cuts rates again

Is an End to the S&P 500’s Record Rally in Sight?

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

Here's what to expect with the Fed's next interest rate cut looming

Fed cuts interest rates as Powell says he will not resign as chair

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

What does the Fed's interest rate cut say about the state of the economy?

How the interest rate cut from the Fed could affect you

What will happen to mortgage rates after this week's Fed rate cut?

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

Fed poised to look past US election uncertainty with quarter-point rate cut

Yahya Sinwar: the ruthless architect of Hamas’s October 7 attack

Trump hawks merchandise as White House race enters final stretch

Will UK interest rate cut make mortgages and loans cheaper?

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Will gold's price fall after this week's Fed rate cut?

US central bank boss says Trump can't fire him

Bank of Canada resorts to jumbo rate cut as growth falters

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

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

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