Fed cuts interest rates a half point in landmark policy shift
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage point, or opt for a larger half-point cut. The tool estimated the probability of a half-point cut at 65% and the odds of a quarter-point cut at 35%.
Fed Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to the rise in ...
Representative payees have received millions of dollars in incorrect payments, according to the findings of a federal audit.
Delays in the federal probe into what caused the deadly Champlain Towers South condo collapse in 2021 mean a draft report on ...
17hon MSN
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The paltry CPI report means the Fed will likely only cut interest rates by a quarter percentage point. Wall Street, for ...
“Act cautiously and responsibly,” Channel said, “and don’t make any rash decisions based on a single Fed meeting or ...
Two small planes crashed in northeast Nebraska within an hour of each other Aug. 26. New NTSB reports note fog in the area at ...
Cigna Group’s Express Scripts sued the US Federal Trade Commission over a recent report that the company said demonizes ...
The Federal Trade Commission said social media and streaming companies including YouTube, Amazon and Facebook fail to ...
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