Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of ...

There is strong optimism for naira recovery in the foreign exchange market against the US dollar following decision taken by ...

Yellen's remarks came a day after the Federal Reserve opted for an aggressive rate cut of half a percentage point, its first since 2020 as inflation cooled. "It reflects confidence on the part of the ...

Financial advisors say the rate cut proves the Fed thinks we’re at a point where we can safely lower interest rates to ...

The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.

Australia's central bank will keep its key policy interest rate unchanged on Tuesday and for the rest of the year amid ...

Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.

Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a ...

The Federal Reserve has cut its benchmark interest rate for the first time in more than four years, which will have ...

The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.

The number of Americans collecting benefits fell to 1.83 million for the week of Sept. 7, the lowest since early June.

President Biden confessed Thursday that there’s “a hell of a lot more work to do” to tame inflation and boost the economy — ...