News

Dow soars 800 points and hits record high as Powell hints at rate cut

Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell ...

Mortgage Costs Weigh On Buyers as Fed Signals Rate Cut: What It Means for Housing

Jerome Powell has suggested policy shifts may be coming-and for the housing market, costs remain a critical pressure point.

Most Gulf markets ease as US rate cut excitement fades

Most stock markets in the Gulf ended lower on Monday mirroring global declines as excitement over a potential U.S. interest ...

Jefferies' David Zervos: 'No reason' for Fed to be waiting this long for rate cuts

David Zervos, Jefferies chief market strategist, joins CNBC's 'Closing Bell' to discuss Fed Chair Jerome Powell's dovish ...
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Crude Prices Supported by Geopolitical Risks and Possible Fed Rate Cut

October WTI crude oil (CLV25 ) today is up +0.98 (+1.54%), and October RBOB gasoline (RBV25 ) is up +0.0083 (+0.42%). Crude ...

Treasury yields rise amid questions on Fed's ability to cut rates in September

Treasurys sold off slightly in Monday morning trading, but held on to the bulk of Friday's rally, as strategists raised ...

Philippine central bank to cut rates by 25 bps on August 28, ease more later

The Philippine central bank is poised to cut its key interest rate by 25 basis points on Thursday to support economic growth, ...

Barclays, BNP Eye September Fed Rate Cut

(Reuters) -Barclays and BNP Paribas expect the U.S. Federal Reserve to cut interest rates in September, after Chair Jerome ...

Rising Fed Rate Cut Chatter May Be Risky for Crypto, Santiment Warns

The optimism surrounding the potential Federal Reserve (FED) rate cut and its anticipated ability to spark a massive crypto ...

Why the first Fed rate cut in nine months would likely extend the stock market’s rally

The long pause between rate cuts could be particularly bullish for equities, potentially extending and broadening the stock ...