After the Federal Reserve made its second consecutive quarter-point cut this past week, Chair Jerome Powell said “there were ...
The Federal Reserve lowering its benchmark interest rate to between 3.75% and 4% — their second rate cut this year — should have been the biggest news coming out of Wednesdays ...
On Wednesday, after the Fed’s policy-setting committee voted 10-2 to lower its benchmark interest rate to the 3.75%-4.00% range, Powell delivered an unusually clear warning to markets: given "strongly ...
NEW YORK] Wall Street’s main stock indexes closed higher on Friday (Oct 31), with their biggest boost coming from Amazon’s upbeat earnings forecast, but sentiment was dampened by worries that the ...
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Americans staying put: US home turnover rate at lowest level in decades as housing slump drags on
Sales of previously occupied U.S. homes sank last year to their lowest level in nearly 30 years. Sales have been sluggish ...
McDonald's is among several large companies adjusting to a growing shortage of pennies following the U.S. Mint's decision to ...
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