|
The S&P 500 index narrowly missed a fresh record close Wednesday and the Dow Jones Industrial Average finished with strong gains after the Federal Reserve's decision to deliver a final quarter-point rate cut for 2025, which gave investors optimism that equities can keep climbing through year-end.
|
RELATED ARTICLES | | |
|
The central bank's decision to lower interest rates for a third straight meeting was highly contentious, reflecting an internal divide that will likely limit how much borrowing costs will fall next year.
|
RELATED ARTICLES | | |
|
Trump says Fed could have 'at least doubled' latest interest rate cut cnbc.comTrump administration live updates: Judge orders Epstein grand jury records released NBC NewsTrump Says Fed Didn't Cut Rates Enough The Wall Street JournalDonald Trump Reacts to Federal Reserve Interest Rate Cuts News
|
|
Three members of the Federal Open Market Committee didn't agree with the central bank's quarter percentage point cut on Wednesday.
|
|
Mets did not make an offer to Pete Alonso before he agreed to Orioles deal: Sources - The Athletic The New York TimesSources: O's, Alonso finalizing 5-year, $155M deal ESPNMLB free agency 2025: Live updates from winter meetings as Pete Alonso reportedly signs with Orioles, Edwin Diaz joins Dodgers Yahoo SportsWhy Mets never even bothered making Pete Alonso an offer New York Post
|
|
Federal Reserve issues FOMC statement Federal Reserve Board (.gov)The Fed just cut interest rates for the third-straight time CNNA divided Fed cuts interest rates again as economic concerns persist NBC NewsFed Meeting Live Updates: Central Bank Lowers Interest Rates Again The New York Times
|
|
The Federal Reserve on Wednesday made its final final interest rate move of the year.
|
|
Democrats Warn of National Security Concerns With Paramount's WBD Bid VarietyParamount's hostile takeover bid is one of the largest CNNParamount Skydance's David Ellison Sends Letter to Warner Bros. Discovery Shareholders Making Case for Why Its Bid Is Better Than Netflix Deal: ‘I Am Passionate and Dedicated to This Pursuit' VarietyFed expected to cut rates and Hollywood's own drama kicks off awards season: Morning Rundown NBC News
|
|
Dow gains 200 points as investors hope for Fed rate cut and more easing ahead: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq wobble with Fed rate decision on deck Yahoo FinanceFed Meeting Today: Dow, S&P 500 Steady Ahead of Likely Interest-Rate Cut — Live Updates The Wall Street JournalWall Street is quiet as it waits for the Federal Reserve's announcement in the afternoon AP News
|
|
Executives on a DealBook Summit task force panel said fear was not the way to build teams capable of navigating difficult times.
|
|
US taking 25% cut of Nvidia chip sales "makes no sense," experts say Ars TechnicaWhat to know about Nvidia's Chinese competitors as Trump opens up the market AxiosDonald Trump's flawed plan to get China hooked on Nvidia chips The EconomistTrump's Disappearing Messages The InformationChina adds domestic AI chips to official procurement list for first time Financial Times
|
|
The Federal Reserve is expected to lower interest rates Wednesday. Here's what that means for your mortgages, car loans and credit cards.
|
|
The divided Federal Reserve is considering cutting interest rates today. And, Afghans in the U.S. who fought for the CIA say they feel abandoned by the agency.
|
RELATED ARTICLES | | |
|
Oil major will cut investment over next five years from $30bn to $20bn
|
|
October ‘Jolts' figures unlikely to deter the Federal Reserve from cutting interest rates on Wednesday
|
|
Used thoughtfully, AI becomes a powerful ally that helps startups transform potential into market success.
| |
Persistent high inflation and recent statements from Fed officials did cause us to remove one interest rate cut from 2024 with the first cut now in September.
|
|
Main image:
WHAT are Republican lawmakers in politics to achieve? Not many years ago, at the peak of their outrage over Barack Obama''s economic stimulus package, 'balanced budgets' might have featured in the answer. But the frenzied passage of the Tax Cuts and Jobs Act through Congress has revealed the insincerity of the party''s fiscal moralising. Republicans in Congress do not oppose government borrowing when it suits them. Rather, the overarching policy objective that unifies them is cutting taxes—and damn the fiscal consequences. Following the passage of the tax bill through the Senate in the early hours of December 2nd, Republicans are on the brink of achieving their goal.On November 30th budget scorekeepers unveiled a forecast for how much extra economic growth the tax bill might spark: enough to pay for about one third of its $1.5trn cost. Previously, Republicans might have viewed this projection as a triumph. They have long pressed for budget forecasts to include such 'dynamic' effects (see blog). But the score briefly seemed to imperil the bill. It undermined the absurd claim, made by the Republican leadership and the Trump administration, that tax cuts would pay for themselves in full. No serious economist ever thought this credible. Yet the official score seemed to blow Republicans'' ...
|
|
