Federal Reserve Chairman Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy on July 31, 2024 in Washington, USA. Kevin Mohatt | Reuters The Federal Reserve has forecast a further half-percentage point rate cut by the end of 2024, and the central bank […]
A trader works on the trading floor of the New York Stock Exchange following the Federal Reserve’s interest rate announcement on September 18, 2024. Andrew Kelly | Reuters U.S. stock futures rose on Wednesday evening as traders digested the Federal Reserve’s earlier decision to cut interest rates by half a percentage point. Dow Jones Industrial […]
Every weekday, CNBC Investing Club with Jim Cramer publishes the Homestretch – an actionable afternoon update, just in time for the final hour of trading on Wall Street. Markets: The Federal Reserve cut the Fed’s overnight interest rate by 50 basis points on Wednesday afternoon, to a range between 4.75% and 5%. The Fed was […]
WASHINGTON – The U.S. Federal Reserve on Wednesday decided on its first interest rate cut since the beginning of the Covid pandemic, lowering the key interest rate by half a percentage point to prevent a slowdown in the labor market. In view of the declining employment situation and falling inflation, the Federal Open Market Committee […]
Alaska Airlines completed the acquisition of Hawaiian Airlinesthe companies said Wednesday, a day after the U.S. Department of Transportation approved the deal on the condition that the airlines maintain the value of their frequent flyer programs and keep several key routes. The merger agreement between the two airlines was reviewed by the US Department of […]
Here you can see the development of consumer interest rates as the markets expect a rate cut by the Fed The Federal Reserve is expected to make its first interest rate cut on Wednesday after more than two years of tight monetary policy. The central bank’s target interest rate range is currently 5.25 to 5.5 […]
Federal Reserve Chairman Jerome Powell answers a question from a reporter during a press conference following a meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 31, 2024. Andrew Harnik | Despite all the hype surrounding them, Federal Reserve meetings are usually […]
Taylor Swift performs during the “Taylor Swift | The Eras Tour” at Wembley Stadium in London, England on August 16, 2024. Getty Images Former President Donald Trump attacked pop star Taylor Swift on Sunday, less than a week after the musician endorsed Vice President Kamala Harris. “I hate Taylor Swift!” Trump posted in capital letters […]
Julie Hedrick, president of the Association of Professional Flight Attendants (right), announces a strike authorization outside Dallas-Fort Worth International Airport near Dallas on August 30, 2023. Shelby Tauber | Bloomberg | American Airlines The flight attendants agreed to a five-year collective agreement that ended one of the most controversial wage negotiations in the industry and […]
Former U.S. President and Republican presidential candidate Donald Trump speaks during a press conference at Trump National Golf Club Los Angeles in Rancho Palos Verdes, California, September 13, 2024. Robyn Beck | Afp | Shares of Trump media jumped more than 25% on Friday, just minutes after majority owner Donald Trump said he would not […]
