Charting the Global Economy: Fed Goes for Big Rate Cut as BOE Holds
The Federal Reserve kicked off its campaign to lower interest rates with a larger-than-typical half percentage-point cut, while the Bank of England decided against a second consecutive reduction.
FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy.
'Keep the economy going well': What the rate cut means for the election
The Fed announced it will cut interest rates by half a point, its first cut since 2020, making mortgage payments and credit card bills more affordable for Americans. How will the big economic news affect the presidential race?
What the Fed’s Big Rate Cut Reveals About the Economy
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank overstepped its bounds.
Trump seizes on Fed rate cut to open new line of attack on economy
Trump attributed the rate reduction to either a "very bad" economy or to the Fed's "playing politics" to help Democrats.
Why rate cuts could actually slow the economy instead of sparking growth
Top strategist David Kelly warns of the hidden dangers of a jumbo-sized rate cut after the Fed's recent decision.
Fed’s Waller Says Slowing Inflation Led Him to Support Large Rate Cut
Federal Reserve Governor Christopher Waller said favorable inflation data, and not worries about the labor market, are what convinced him to support policymakers’ decision to lower interest rates by a half percentage point this week.
Fed's rate cut may spark a 'melt-up,' says president of Yardeni Research
Edward Yardeni, president of Yardeni Research, joins ‘Closing Bell’ to discuss warning signs of a melt-up, the markets' response to Wednesday's rate cut, and more.
Baby boomers have a ton of their wealth tied up in stocks and housing. Here's why that's a risk to the economy.
Boomers' net worths could be hit by falling stock and home prices. That's bad news for the entire economy, a portfolio ...
How to invest if you believe the Fed can’t stop the economy from falling apart
Also: What to expect for loan interest rates, how Social Security survivor and spousal benefits work, and advice from the ...
American voters equally split on whether Harris or Trump is better for the economy, as Republican advantage fades
About 4 in 10 registered voters say Republican Trump would do a better job handling the economy, while a similar number say ...
The US economy could get hit by a double whammy on September 30 if 2 major negotiations aren't hammered out
Congress needs to pass a spending bill by September 30 to avoid a partial government shutdown. Dockworkers and ports must ...
World economy faces pressures similar to 1920s, warns Christine Lagarde
ECB president highlights parallels between two eras but says modern central bankers have tools to manage structural change ...
German economy minister offers help to Volkswagen to avoid site closures
German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through a period of cost-cutting ...
One number shows why the economy might not get the immediate relief many hope for
For consumers to get more relief in the form of lower borrowing costs, the 10-year Treasury yield needs to move lower.
Asian Creators Redefine Success in the Creator Economy
John Hu, CEO & Founder of Stan, wins Startup of the Year award at the inaugural Asian Creator Awards. Andrew Ge. On September ...
Harris Campaign Hits Trump on Fed Comments Before Economy Speech
Vice President Kamala Harris’ campaign blasted Donald Trump for criticizing the Federal Reserve’s first rate cut in four ...