Business and finance

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S&P 500 Dips as Fed Unveils First Rate Cut of 2025

Lead: The S&P 500 fell 6.41 points, or 0.10%, to close at 6,600.35 on Wednesday as investors digested the ...

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Fed Cuts Interest Rate by 25 Basis Points to 4.00%-4.25% Amid Labor Market Concerns

WASHINGTON, Sept. 17 (Reuters) - The Federal Reserve lowered its benchmark federal funds rate by a quarter poi...

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Fed Cuts Interest Rate to 4.00%-4.25%, Signals Further Easing

Lead The Federal Reserve lowered its target range for the federal funds rate by 25 basis points to 4.00%-4.25% in Washington on...

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SPY Dips Amid Fed Rate Cut and Volatile Trading

Lead: SPY, the SPDR S&P 500 ETF Trust, slipped 0.15% to close at $658.97 in New York on Wednesday after th...

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Fed Cuts Rates by Quarter-Point to 4%-4.25% Amid Rising Job-Market Risks

**- Fed lowers federal funds rate by 25 basis points in first cut since December Policy shift reflects slowing job...

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US 10-Year Treasury Yield Eases to 4.02% as Markets Await Fed Decision

Lead: The yield on the US 10-year Treasury note dipped to 4.02% on Wednesday, down one basis point from the pr...

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Paramount Surges on AI Leadership Boost and Halloween Content Launch

Lead Paramount’s stock jumped 4.1% Thursday after appointing high-profile AI executives and unveiling its Halloween “Peak Screa...

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Fed Cuts Rates by 25 Basis Points, Signals Further Easing

Lead: In Washington on Wednesday, the Federal Open Market Committee trimmed its benchmark federal funds rate b...

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Mortgage Rates Slip Ahead of Fed Rate Cut Decision

Mortgage rates across the U.S. fell on Wednesday, with the average 30-year fixed mortgage dropping to 6.24% as investors priced...

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Fed Cuts Rates as Dow Jones Gains 297 Points

The Federal Reserve cut interest rates by 25 basis points Wednesday, lifting the Dow Jones Industrial Average nearly 300 points...