U.S. stocks rose after the Federal Reserve lowered its benchmark interest rates by 50 basis points to a range of 4.75% to 5%.
It might tempt the European Central Bank to consider lowering rates again next month, for a third time since June.
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
JPMorgan Chase & Co added 1.1%, Bank of America climbed 1.6%, Wells Fargo advanced 1.5% after the big banks lowered their ...
Stocks were choppy in the lead-up to today's Federal Reserve policy announcement. While the main indexes made a confident ...
traders are pricing in a 100% chance that the Federal Reserve will cut its influential fed funds rate in September. That's up ...
The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater ...
The Federal Open Market Committee (FOMC) wrapped up its regularly scheduled two-day policy meeting by cutting the short-term ...
Markets on Wall Street were positioned to open at record highs Thursday after the Federal Reserve issued a bigger-than-usual ...
"While we acknowledge risks of larger cuts at subsequent meetings, we think the Fed will start off with a 25bp cut next week, ...
If voted into office in the November US presidential election, former President Donald Trump said he promises to impose ...
The Organisation for Economic Cooperation and Development (OECD) still sees total commitment from countries seeking to wrap up a global tax pact on highly profitable multinationals, its head of tax ...