President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump’s economic policies as a failure ...
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
The number of Americans applying for unemployment benefits fell to their lowest level in four months last week. Claims slid ...
Bank of America predicts deeper Federal Reserve rate cuts despite its recent 50 bps reduction. They forecast an additional 75 ...
Financial advisors say the rate cut proves the Fed thinks we’re at a point where we can safely lower interest rates to ...
The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.
Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.
Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a ...
The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.
The number of Americans collecting benefits fell to 1.83 million for the week of Sept. 7, the lowest since early June.
WASHINGTON (WNDU) - As you may have heard, the feds lowered interest rates this week by a half percent. It’s the first cut ...