Wall Street got the rate cut it wanted. But with the Federal Reserve set to take a more cautious approach to trimming interest rates in 2026, investors are now left to wrestle with other concerns that had been put on the back burner while Fed rate cuts we
The Federal Reserves governing board unanimously approved the reappointment of nearly all of the Feds 12 regional bank presidents, a group that has come under scrutiny by the Trump administration.
After the Federal Reserve’s December rate cut, the U.S. central bank’s key borrowing benchmark now sits in a target range of 3.5-3.75%.
The Federal Reserve cut short-term interest rates by a quarter point on Wednesday for the third time this year. However, the bond market is more influenced by what the Fed says than by its actions.
By Yoruk Bahceli, markets correspondent What matters in U.S. and global markets today The Federal Reserve meeting is fast approaching on Wednesday – and the stakes are high. Rising bets for a December cut seem to have saved equities from AI jitters for
Hedge ratios are still fairly low, leaving investors vulnerable to any further falls in the dollar, according to the financial institution owned by 63 central banks.
They say death and taxes are life’s only certainties — but according to U.S. President Donald Trump, a significant portion of the latter could be on the chopping block.
The bond market’s reaction to the Federal Reserve’s interest-rate cuts has been highly unusual. By some measures, a disconnect like this, with Treasury yields climbing as the central bank lowers rates, hasn’t been seen since the 1990s.
Meta Platforms Inc. has poached Apple Inc.’s most prominent design executive in a major coup that underscores a push by the social networking giant into AI-equipped consumer devices.
Two of Wall Street’s biggest firms say the AI boom is far from a speculative mania. Instead, BlackRock and Bank of America say this cycle is being driven by real corporate investment, earnings, and productivity gains — not the kind of irrational exuberan
OpenAI (OPAI.PVT) CEO Sam Altman has issued an urgent memo to employees to accelerate improvements to ChatGPT as competition intensifies from rival AI developers Google (GOOG, GOOG) and Anthropic (ANTH.PVT).
President Trump was joined by Dell Technologies (DELL) founder Michael Dell and his wife Susan on Tuesday afternoon at the White House to unveil a $6.25 billion gift from the couple to supplement new savings accounts for young children that were passed in
Bank of America (BAC) says its wealth management clients should start thinking about getting some crypto exposure in their portfolios.
Vanguard Group, the world’s second-largest asset manager, has decided to allow ETFs and mutual funds that primarily hold cryptocurrencies to be traded on its platform, reversing a longstanding position.
President Donald Trump said Sunday he has decided on his pick for the next Federal Reserve chair after making clear he expects his nominee to deliver interest-rate cuts.
