Browsing: cut

Fun shouldn’t come with a financial hangover. But in 2024, the average American spent more than $3,600 on entertainment and an average of $3,200 on dining…

Rick Rieder, BlackRock’s chief investment officer for global fixed income, is sticking with his call for a jumbo rate cut from the Federal Reserve next month after…

The impact of Trump-era tariffs on goods and services is starting to trickle through the economy, but for now, the effect on inflation appears minimal, raising…

A couple of weeks ago, Dow (NYSE: DOW) cut its dividend in half due to a “prolonged industry downturn” and “to provide additional financial flexibility.” That’s…

Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions Friday, both indicating that the central bank…

Overall employment numbers fell below what the market anticipated, with 73,000 July job additions compared to estimates for 104,000, making it more likely that a mortgage…

July Fed Meeting Recap: FOMC keeps rates steady, while Powell says a September cut is uncertain Source link

Rick Rieder, BlackRock’s chief investment officer for global fixed income, said July’s dismal jobs report opened the door for a jumbo rate cut from the Federal…

Complaints to the Consumer Financial Protection Bureau have skyrocketed in 2025, a trend that experts say is driven by a rise in complaints related to payment…

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in…