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 ...

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

S&P 500 Climbs As Fed Opens Door To Resuming Rate Cuts

The week's biggest market-moving news came on Friday, 22 Aug. 2025, when Federal Reserve Chair Jerome Powell opened the door ...

Here are 4 ways lower interest rates could affect your personal finances

Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans.

Economy Primed for Lower Interest Rates as Inflation Remains a Problem

The Federal Reserve is expected to begin lowering interest rates next month, and that should boost the consumer economy.

Egypt central bank set to cut rates by 100 basis points

Egypt's central bank is likely to cut its key interest rates by 100 basis points on Thursday to support growth as inflation ...

There's no particular rush to lower interest rates, says Ed Yardeni

Ed Yardeni, Yardeni Research president, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, ...

Mortgage Interest Rates Today: Mortgage Rates Stay Put-for Now-While Fed's Next Step Looms

The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.