The Federal Reserve gave investors exactly what they said They wanted to cut interest rates by a whopping 50 basis points on Wednesday – but that was still not enough. After a brief rise after the initial announcement, stock prices went through a period of high volatility before all three major US market indices closed […]
Americans with record credit card debt carry their debt longer Will the federal government’s potential interest rate cuts help Americans pay off their credit card debt in the second half of 2024? Scripps News This week, interest rates are expected to fall for the first time in four years, but experts say this is unlikely […]
Wall Street crashes, yen rises, oil price drops below $70, VIX soars, traders prepare for volatile month: What’s driving the markets on Tuesday? The first trading session of September began with a widespread sell-off in risky assets as traders adopted a cautious stance ahead of what has been a historically volatile month for global markets. […]
