That's because the market is forward-looking and had already started pricing in the rate cut before the announcement. It's ...

The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve doesn't control the federal funds rate directly. Instead, it uses various ...

Nike shares are up nearly 8% after the sneaker maker said it would replace Chief Executive John Donahoe with comp ...

It's a stark contrast to several weeks ago when global equity markets suffered a savage pullback at the start of August as a scare about the health of the U.S. economy dovetailed with a sudden surge ...

Reaction from Trump world shows the fight is now over who gets credit for what looks like a soft economic landing: "Why ...

U.S. stock index futures edged lower on Friday, taking a pause from the previous session's rally that set Wall Street's main ...

Fed Chair Jerome Powell downplayed the central bank’s role in the race between Vice President Kamala Harris and former ...

Futures for the Dow Jones Industrial Average slipped 18 points, effectively trading flat, and S&P 500 futures ticked down 0.1%. Both gauges had rallied to new highs on Thursday as investors mulled the ...

By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...

The big Fed cut alongside news of falling weekly jobless puts the 'soft landing' firmly on track and all stock indexes surged on Thursday - with new record highs for the S&P500 (.SPX) and the ...

The latest AJC polling shows Georgia voters' views about the economy have tilted — tentatively — toward optimism.

Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...