Stocks Surge A Day after Federal Reserves First Rate Cut Since 2020

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Business - CNBC - 2 days ago

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

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 - 2 days ago

Federal Reserve interest rate news expected days after Trump wins 2024 election

The Federal Reserve will announce Thursday whether it will cut interest rates again after a jumbo cut in September. CBS News business analyst Jill Schlesinger breaks down what economists expect.

Top stories - CBS News - 2 days ago

Federal Reserve to Cut Rates Again Despite Unclear Post-Election Outlook

Two days after the election, the Federal Reserve will cut rates again.

Business - Inc. - 6 days 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.

Top stories - CBS News - 2 days ago

Powell: Fed won't 'speculate' about Trump's impact on economy

The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...

Politics - The Hill - 2 days ago

Federal Reserve cuts interest rate for second time in 2024

The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News ...

Top stories - CBS News - 2 days ago

Facing Post-Election Concerns, Federal Reserve Cuts Rate by Quarter-Point

After Donald Trump’s election win, the Federal Reserve cut its benchmark interest rate to about 4.6 percent.

Business - Inc. - 2 days ago

How the Federal Reserve interest rate cut could affect Americans

The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the ...

Top stories - CBS News - 2 days ago

Federal Reserve cuts interest rates another quarter-point

The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.

Wisconsin's first day of early voting surges past 2020 mark

The number of people who voted on Wisconsin’s first day of early voting in person for the 2024 election has surged past the number of people who voted on the first day of in-person early voting for ...

Politics - The Hill - October 23

GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance

GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.

Business - CNBC - October 22

Fed cuts interest rates days after election

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

Federal Reserve lowers rates by a quarter point

The Federal Reserve announced it is lowering the interest rate by a quarter point. NBC News’ Christine Romans explains what this means for the progress of inflation.

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

The Federal Reserve lowers interest rates by 0.25 percentage points

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.

Top stories - CBS News - 2 days ago

Stock market surges on Election Day

Major stock indexes and large tech firms showed gains on Tuesday.

Freshman Enrollment Appears to Decline for the First Time Since 2020

A projected 5 percent drop in this year’s freshman class follows a number of disruptions last year, including persistent failures with the FAFSA form.

Top stories - The New York Times - October 23

Elon Musk is $26 billion richer after Tesla's best day on the stock market since 2013

Tesla shares soared 22% on Thursday, lifting the world's richest person's net worth by roughly $26 billion.

Business - CNBC - October 24

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.

Business - CNBC - 3 days ago

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.

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

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 - 2 days ago

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 - 6 hours ago

UPS beat on revenue for the first time in 2 years, even as online sales slowed

UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.

Business - MarketWatch - October 24

Follow live: Rodgers, Jets look to snap five-game losing streak, host Texans

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Sports - ESPN - October 31

Tokyo Metro shares surge 45% on first day of trading

Tokyo Metro ‘s float on the Tokyo Stock Exchange marked Japan’s largest initial public offering since SoftBank’s ¥2.65 trillion listing in 2018

Business - MarketWatch - October 23

'#EndtheFed': Elon Musk endorses plan to let presidents meddle with Federal Reserve after Trump election win

During his first term as president, Donald Trump was not shy about publicly disparaging Federal Reserve Chair Jerome Powell and his policy decisions.

Business - CNBC - 32 minutes ago

30-year bond yield closes with biggest jump since 2022 after Trump wins

U.S. government debt aggressively sold off on Wednesday, pushing the 30-year yield up by the most in two years, as traders factored in the likely trade and deficit policies of a second Trump ...

Business - MarketWatch - 3 days ago

Tesla’s stock sees best day in 11 years. Why it’s still hard not to be bullish.

Tesla added $150 billion in market cap — more than the combined value of Ford, GM and Stellantis — as analysts cheered the growth forecast and increasing transparency.

Business - MarketWatch - October 24

Stocks surge after Trump wins 2024 presidential election

The stock market reacted favorably to news of former President Donald Trump winning the 2024 presidential election. CBS News MoneyWatch correspondent Kelly O'Grady breaks down how the U.S. economy ...

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

Small Business Owners More Confident About Borrowing After Rate Cut

Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.

Business - Inc. - October 29

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.

Trump warned against meddling with Federal Reserve’s independence

Any effort by president-elect to interfere in interest rate policy could destabilise markets

Business - Financial Times - 9 hours ago

Should you lock in a mortgage rate after the November rate cut? Experts weigh in

Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.

Stocks Surge A Day after Federal Reserves First Rate Cut Since 2020

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