Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many ...
John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs “in the near term.” By Colby Smith Colby Smith covers the Federal Reserve.
The Federal Reserve might not cut interest rates in December, defying the hopes of President Donald Trump and much of Wall Street, with many officials believing the central bank should keep borrowing ...
Nov 26 (Reuters) - J.P. Morgan said on Wednesday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate cut in December, reversing its earlier call that policymakers would stay on ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Federal Reserve officials are sharply divided over whether to cut interest rates in December, with some citing cooling labor data and others warning inflation remains too high. The split has fueled ...
NEW YORK, Nov 26 (Reuters) - Wall Street extended its rally on Wednesday as revived tech strength and the increasing probability of a December interest rate cut from the U.S. Federal Reserve put ...
Sentiment has shifted dramatically in favor of an interest rate cut. Top officials at the Federal Reserve have displayed a rare degree of public disagreement over a possible interest rate cut next ...
The century-old partnership between the U.S. military and Scouting could be coming to an end. U.S. Defense Secretary Pete Hegseth is planning for the military to sever all ties with Scouting America, ...
Star Wars is coming back to movie theaters in 2027 for its 50th anniversary, and Lucasfilm has finally confirmed that it will be the original version, "newly restored," that will play in theaters for ...
From tech to Hollywood, retailers and utilities, U.S. companies are intensifying job cuts and workforce reductions that began in 2024, as they focus on cost savings and leaner operations amid a ...
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