Fed funds futures contracts pointed to a roughly 75% probability that the U.S. central bank would cut rates again in December.
Category: Finance News
Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved its second consecutive interest rate cut Thursday.
Here’s what changed in the new Fed statement
This is a comparison of Thursday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in September.
Stocks making the biggest moves midday: Warner Bros. Discovery, AppLovin, Wolfspeed, Lyft and more
These are the stocks posting the largest moves in midday trading.
Wall Street expects Trump presidency will unlock deal-making
Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment.
Stocks making the biggest moves premarket: Lyft, SolarEdge, Qualcomm, Moderna and more
These are the stocks posting the largest moves in premarket trading.
Former Treasury Secretary Mnuchin says Trump’s top priorities will be tax cuts, Iran sanctions and tariffs
Tax cuts are ‘a signature part of his program,’ Mnuchin said in a “Squawk Box” interview.
What Trump’s historic election victory means for the global economy
The former president’s litany of pledges include steep tariffs, tax cuts, deregulation and a push to withdraw from key global agreements.
China urges U.S. cooperation as Trump trade threat looms
China emphasized the need for greater cooperation with the U.S. a day after it became clear President-elect Donald Trump would be the next U.S. president.
Payments giant Adyen reports 21% jump in third-quarter sales
Adyen, whose technology allows firms to accept payments online and in-store, reported third-quarter net revenue of 498.3 million euros, up 21% year-over-year.