Fed cuts interest rates by quarter point
The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.
Fed needs a 'much less discretionary, more rigorous systematic approach,' economist says
SMBC chief economist Joe LaVorgna provides his expectations for the Federal Reserve rate decision and weighs in on the state of the labor market on 'The Big Money Show.'
Real estate's 'pent-up demand' wants to meet supply needs, Kirsten Jordan says
Real estate adviser and former 'Million Dollar Listing New York' star Kirsten Jordan looks ahead to the Fed's next rate decision and the state of the market under a second Trump administration.
Market reporter warns investors to ‘be careful’ on Nasdaq, S&P 500’s evaluation
Barron's market reporter Jacob Sonenshine argues that the U.S. economy has been in a bull market since 2020 during an appearance on ‘Varney & Co.’
As long as Chuck Schumer doesn't 'have the gavel,' Congress will 'come together': Rep. Dan Meuser
Rep. Dan Meuser, R-Pa., reacts to Trump winning the swing state and how energy producers feel about the final election results.
Mortgage rates climb again, hurting demand further
Mortgage rates rose for the sixth straight week with the 30-year fixed rate average hitting 6.79%, as purchase demand continues to weaken in the stagnant housing market.
Trump's economic policies were approved by the stock market: Stephen Moore
Economist Stephen Moore discusses how Trump can grow the U.S. economy on 'Varney & Co.'
Stellantis to lay off 1,100 workers indefinitely
Stellantis, which has been working to reduce its inventory levels in North America, announced it was indefinitely laying off over 1,000 workers at its Jeep assembly plant in Ohio.
Exec reveals which market sectors could do well following Trump victory
Hennion & Walsh Chief Investment Officer Kevin Mahn discusses which market areas could perform well under a second Trump administration on 'Varney & Co.'
Fmr. Kansas City Fed president bolsters Jim Grant’s claim that Powell is ‘blowing it’
Former Kansas City Federal Reserve President and CEO Thomas Hoenig weighs in on the Federal Reserve’s handling of inflation and interest rates on ‘Mornings with Maria.’
Fed has an impossible job, says Jim Grant
Grant's Interest Rate Observer founder and Editor Jim Grant discusses the market's reaction to Trump's election win, the Federal Reserve's handling of the economy and shares his market outlook.
Investor says this ‘big theme’ in AI is making him ‘very optimistic’
Payne Capital Management President Ryan Payne and Amerivet Securities Head of U.S. Rates Gregory Faranello react to the latest market data during an appearance on ‘Mornings with Maria.’
Market is welcoming news of Trump win: 'The reaction is clear,' strategist says
LPL Financial chief technical strategist Adam Turnquist on the market's performance following President-elect Trump's victory, how GOP control could impact the stock market and his expectations for the Fed rate decision.
Nissan to cut 9K jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'
Nissan is cutting jobs and its CEO's pay after results from the first half of FY24 showed decreased consolidated net revenue and global sales volumes, and a .5% operating profit margin.
Trump's tariffs would drive up consumer prices: National Retail Federation
National Retail Federation CEO Matthew Shay issued concerns about President-elect Trump's proposed tariffs, saying it could drive up prices and result in job losses.
Fed set to announce latest interest rate move in wake of Trump's election win
The Federal Reserve will announce its next interest rate move on Thursday in the wake of the U.S. election, with markets expecting the central bank to cut rates by 25 basis points.
How Trump's win could impact the housing market
A report from Realtor.com says President-elect Trump's agenda includes policies that could have both positive and negative impacts on the housing market.
Who might Trump pick to serve as Treasury secretary?
President-elect Trump will soon begin announcing nominees to key cabinet positions, and his Treasury secretary pick will play a key role in advancing his economic agenda.
Real estate titan predicts major rate cuts following Trump victory
Real estate investor Grant Cardone says he believes the Federal Reserve will make historic rate cuts over the next year after President-elect Trump's win.
Trump's White House win sends Dow up 1,500 points
Investors celebrated former President Trump's win to become the 47th president of the U.S., which will likely usher in pro-business policies.