The Fed cut rates for the first time in 4 years. What does that mean for your money?
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
So we’re expecting a rate cut. When will we start to see a difference in the economy?
If you’ve been anxiously awaiting financial relief from the Federal Reserve, you are about to get a rude awakening.
Surprise! The Fed Cut Interest Rates by Half a Point -- Here's What It Means for Your Money
The Fed announced a 50 basis point rate cut on Sept. 18, 2024, bigger than expected. See what it means for your finances and the economy.
Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
Fed expected to lower key interest rate in latest move to boost slowing economy
The Federal Reserve said Wednesday it was lowering its interest rate by 0.5%, an unusually aggressive move that some may see as the central bank expressing concern about underlying weakness in the economy.
Fed interest rate cut means borrowing money will get cheaper for customers
Axios Visuals Prices that skyrocketed during the inflation crisis likely won't come down — but with the Fed finally cutting rates, the cost of borrowing money soon will. Why it matters: For the first time in about a half-century,
Fed cuts interest rate by half a percentage point as inflation cools
The Federal Reserve cut the interest rate by half of a percentage point on Wednesday. It's the first time there's been a rate cut in four years.
US economic toll of East Coast and Gulf port strike could be billions per day, trade expert warns
National Association of Wholesaler-Distributors CEO Eric Hoplin suggests that the union is being "too unreasonable" as a ...
Why Money Is Stressing 45% Of Americans Right Now
Discover why 45% of Americans are stressed about money and how understanding your financial mindset can help reduce anxiety ...
CNN reporter lectures boat-owning Trump supporter he shouldn't be complaining about economy
CNN reporter Elle Reeve clashed with a Trump supporter in Florida at a parade over whether he should be concerned about ...
Billionaire hedge fund manager says he would pull his money from the market if Harris wins election
Billionaire and Trump fundraiser John Paulson said Tuesday he plans to pull his money from the market and put it in cash and ...
Billionaire hedge funder John Paulson says he’ll yank his money from market if Kamala Harris wins election
The future of the American stock market and economy relies on the winner of the Nov. 5 general election, the 64-year-old ...
Your Money, Your Vote: How Harris’s and Trump’s Economic Plans Could Impact Your Finances
A podcast series that examines what the next administration’s policies would likely mean for voters’ financial futures.
EU pledges to loan Ukraine up to $39 billion to help rebuild its economy and power grid
G7 leaders agreed in June to engineer a $50 billion loan to help Ukraine in its fight for survival. Interest earned on ...
Gen Z Are Taking on 'Side Quests' in the Gig Economy
Airtasker Founder and CEO Tim Fung was thrilled to see how the younger generation had embraced the app: "It's exciting to see how the idea of 'side quests' is being embraced by the younger generation, ...
Stock Market Today: Dow tops 42,000, pushes deeper into record territory after Fed's big rate cut
Money-market funds shed $20.02 billion in assets in the past week, according to data from the Investment Company Institute. While balances were still lofty at $6.3 trillion for the week ending ...