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US Fed Cuts Interest Rates a Quarter Point
S&P 500 and Nasdaq extend rally after Fed cuts rates and hints at more ahead. Dow ends flat
The Dow ends flat but S&P 500 and Nasdaq add to their steep post-election gains after the Fed trims rates and hints at more though pace is uncertain.
The Fed Keeps Cutting Rates — So Why Aren’t Mortgage Rates Going Down?
On Thursday, at the end of its November meeting, the Fed announced a reduction of 0.25 percentage points in the federal funds rate, or the rate at which banks lend each other money overnight. The move follows an initial cut of half a percentage point in September.
S&P 500, Nasdaq set to extend gains from Trump-fueled rally, Fed decision on tap
The S&P 500 and the Nasdaq were set to open higher in the run-up to an interest-rate decision from the Federal Reserve on Thursday, extending a sharp rally sparked by Donald Trump's stunning comeback as U.
4d
Billionaire Warren Buffett Sold $10.5 Billion of Bank of America Stock, but Has Spent Almost $78 Billion Piling Into Another Financial Colossus
Based on these filings, we've learned that Warren Buffett and his top investment aides, Ted Weschler and Todd Combs, have ...
1d
Federal Reserve Cuts Its Key Interest Rate by a Quarter-Point Amid Postelection Uncertainty
The Federal Reserve cut its key rate by a quarter-point in response to the steady decline in the once-high inflation that had ...
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