Dow Jones industrials gain 510 points after Fed signals it could cut interest rates if US trade conflicts slow economy
Dow Jones industrials gain 510 points after Fed signals it could cut interest rates if US trade conflicts slow economy.
Markets Right Now: Dow gains 512 points on back of Fed
The latest on developments in financial markets (all times local): 9:35 a.m.
Bank of America CEO: Not expecting Fed rate cut this year
BofA's CEO doesn't buy the view that the Fed will cut rates in 2019.
As mortgage rates plunge, should you refinance?
Nearly 6 million people can now cut their mortgage payments with refinancing.
Fed, Trump on trade give stocks best day since January
The S&P 500 posts best day of the year.
US consumer spending slows to 0.3% gain in April
Consumer spending slowed in April with inflation up, but still far below the target set by the Federal Reserve.
The bond market is getting another whiff of a recession
The scent of a possible recession is wafting through the bond market again.
China trade tensions could spell trouble for US bank earnings
Trading volumes are down, as U.S. Treasury notes hit a 20-month low.
Why is the market forecasting a Fed interest rate cut this year?
The CME’s FedWatch Tool, which analyzes the probability of rate moves for upcoming Fed meetings, is currently predicting a 59.7 percent chance of a rate cut in September.
Gig economy workers are still struggling financially, 10 years after the recession
While most American families have experienced substantial gains since 2013, in line with the nation’s ongoing economic expansion, economic disparities still exist in the country.
US does not brand China as currency manipulator
The Trump administration has again decided not to label China or any other country as a currency manipulator.
Trump blames Fed once again for hurting economic growth
President Trump has been a frequent critic of both the Federal Reserve and its chairman, Jerome Powell.
Shocking number of Americans can't cover $400 surprise expense
Additionally, about one-quarter of non-retired adults have no retirement savings.
US tariffs on Chinese imports could help push inflation closer to 2%, Fed's Daly says
San Francisco Federal Reserve President Mary Daly foresees President Trump’s tariff on Chinese goods impacting the U.S. inflation rate.
Dallas Fed's Kaplan says he expects US economy to grow at a solid 2.25-2.50% rate this year
Federal Reserve officials signaled the inflation rate remained below the central bank’s goal of 2 percent.
Minutes show some on Fed still think rate hikes possible
Federal Reserve officials at their recent meeting believed the central bank could remain "patient" in deciding when to adjust interest rates, though some officials thought future rate hikes might still be needed.
Fed minutes reveal no interest rate moves coming for 'some time'
Minutes from the May 1-2 Federal Open Market Committee revealed that rates will remain steady for the remainder of the year.
Interest rates should remain on hold amid trade uncertainty: Boston Fed president
The Fed is trying to strike a balance between low unemployment and low inflation.
Powell says he sees 'moderate' risk from corporate debt
Federal Reserve Chairman Jerome Powell says a sharp rise in corporate debt is being closely monitored but currently the Fed does not see the types of threats that triggered the 2008 financial crisis.
Alice Rivlin, former OMB director during Clinton administration, dead at 88
Alice Rivlin, who served as the director of the Office of Management and Budget (OMB) during former President Bill Clinton’s administration, died Tuesday at age 88, the Brookings Institution and her family said.