The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the ...
According to the University of Hawai‘i Economic Research Organization’s (UHERO) third quarter forecast for 2024, Hawai‘i’s economic trend growth is now slower than in past decades. The report ...
Fed cuts rates by 50 basis points, hints at more cuts in the future. Powell emphasizes labor market and data-dependence. Wall ...
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...
The Fed's rate cuts boost Bitcoin and markets. Big banks, including Morgan Stanley and Goldman Sachs, offer differing impact ...
Tesla's in-house 4680 battery could significantly enhance margins and drive future growth, starting with Cybertrucks next ...
MORE: What does the Fed interest rate cut mean for mortgages and homebuyers? By the end of 2024, interest rates will fall ...
Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...
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 ...
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...