Dollar gains ground after Fed delivers bumper 50 basis point rate cut
The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target.
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
Federal Reserve Chair Jerome Powell had one big job on Wednesday which was to convince market participants that a 50 basis-point rate cut is consistent with a "thoughtful policy adjustment" rather than a sign of the central bank being behind the curve,
Stocks Race To Record Highs After Fed Opts For Bigger Interest Rate Cut
After sitting flat as traders sat on pins and needles ahead of the 2 p.m. EDT Fed release, stocks soared, with the leading indexes S&P 500 and Dow Jones Industrial Average each setting new all-time highs immediately Wednesday after the news.
Dollar edges lower after Fed goes big on rate cut, Aussie jumps
The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal Reserve's outsized interest rate cut that had been largely priced in by markets.
The Dow closed above 42,000 for the first time after the Fed's big interest rate cut
The Dow Jones Industrial Average (SPGI) jumped 522 points Thursday and closed at a new record high, as the Federal Reserve’s decision to slash interest rates by 50 basis points gave fuel to markets.
S&P 500, Dow Jones surge to record high close on euphoria over Fed rate cut
The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates by 50 basis points and indicated more rate cuts were on the horizon. The blue chip Dow Jones Industrial Average also registered a record closing high,
Dollar stores getting crushed sends ominous signal about US economy: Consumers are 'tapped out,' expert warns
RFD-TV's Scott Shellady warned the downward trajectory for dollar stores is a bad indicator for the U.S. economy, showing ...
7 Best Fall Items at Dollar Tree That Can Be Reused Next Year
Some of your fall Dollar Tree purchases, like candles and craft supplies, will likely get used up this year. However, there ...
Dollar slumps 1% versus yen as US election debate gives Harris momentum
The dollar slumped more than 1% against the yen on Wednesday to its weakest level of the year after Kamala Harris put rival ...
AEW to sign multi-million dollar deal with Warner Bros. Discovery network
AEW is close to finalizing a multi-million dollar deal with Warner Bros. Discovery Network, valued at approximately $170 ...
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5 Things to Know About the Klarna Card
The Klarna credit card can help you buy time to pay off purchases. Find out how it compares to other credit cards and which ...
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Florida man scratches his way to $1 million lottery win
The Florida Lottery announced on Monday, that James Breseman of Beverly Hills, Florida claimed the $1 million prize from the ...
USD to ZiG: Here’s why the Zimbabwe currency is melting away
The recently launched Zimbabwe ZiG continued its downward trend this month as concerns about the economy rose. The official ...
Germany, Australia sign $660 million green hydrogen deal
Australia and Germany on Friday signed a multi-million dollar deal to deepen cooperation on new green hydrogen supply chains ...
'The trauma is still there': 1 year after racist shooting at Jacksonville Dollar General store
The Dollar General shooting was not the first time racism fueled violence against Black people in Jacksonville. The community response is ongoing.
Dollar General Corporation (DG): A Top Buy-The-Dip Stock with Strong Long-Term Potential
According to Larry Tentarelli, chief technical strategist at the Blue Chip Trend Report, the market is expected to be choppy ...