A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...

New Oriental Education is assigned a Buy rating, considering the stock's attractive valuations and the presence of potential ...

The Federal Reserve has made its first rate cut in 14 months, with more expected in 2024. Here are the smart money moves to ...

When it comes to romantic dramas, classics like "The Notebook" and "Pride and Prejudice" often dominate the conversation (deservedly so). But newer gems can get overshadowed by these beloved favorites ...

Today’s interest rate for a 15-year fixed-rate mortgage is 5.125%, which is unchanged from yesterday. The monthly payment for ...

Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...

In our news wrap Thursday, President Biden said the Fed's interest rate cut is a vindication of his economic policies, Wall Street celebrated the cut with stocks surging to new highs and Republican ...

A group of reverse mortgage leaders reacted to the news of the Fed's rate cut this week and how their companies are preparing ...

Want to know why stocks are surging?It seems like investors have taken a closer look at what Fed chair Jerome Powell said after the central bank cut rates. His new buzzword, “recalibrate,” has them ...

Nicholas Colas, co-founder of DataTrek Research, said recalibration was Powell's "word of the day" as he laid out a credible argument that appeared to convince investors that the larger-than-usual cut ...

The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.

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