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,
The Shadow Dollar That’s Fueling the Financial Underworld
The cryptocurrency has grown into an important cog in the global financial system, with as much as $190 billion changing ...
10 biggest contracts in NFL history according to total value
With Dak Prescott signing the largest contract ever in terms of AAV, we looked at the biggest NFL contracts ever for total value.
What the struggles of dollar stores reveal about low-income America
Discounters often prosper in downturns, but recently they have been hurt by rising costs and their customers’ precarious ...
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‘Beauty of an education’: A multimillion-dollar gift to UTC will help students solve real-world problems
Students at the University of Tennessee at Chattanooga will solve similar problems, using data-based solutions discovered at ...
Harris and Trump Debate: Sept. 10 Campaign News
In an extraordinary election campaign, the prime-time debate will catapult the campaigns of Donald J. Trump and Kamala Harris ...
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Nvidia has more than just billions of dollars in value to lose if its stock keeps falling
To get it in your inbox, sign up for free, here. New York CNN — Nvidia ... Bloomberg published a deeply reported account of ...
'Slap in the face:' San Antonio Airport-Southwest standoff could hurt both sides
Southwest Airlines wants 10 gates in San Antonio International Airport's new terminal, but that would mean kicking out ...
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 ...
2 N.Y.C. Fire Department Chiefs Arrested on Bribery Charges
The officials, who oversaw safety inspections, are accused of taking tens of thousands of dollars in connection with building ...
'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.