Fed cuts interest rates again
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The S&P 500 ended just shy of a fresh record on Wednesday as stocks jumped after the Federal Reserve cut interest rates for the third time this year to a range of 3.50%-3.75%. The S&P 500 gained 0.7%,
The S&P 500 has advanced 16% year to date despite economic uncertainty created by President Trump's tariffs, but the market environment warrants caution. A Federal Reserve study suggests President Trump's tariffs will slow economic growth,
A pause in interest rate hikes may offer no relief to people dealing with large amounts of credit card debt amid high inflation. But there are ways to pay off debt quickly. The "Shark Tank" star and O'Leary Ventures chairman warned inflation will be a ...
Wall Street's "fear gauge" was rising on Wednesday ahead of the Federal Reserve's final rate decision of the year. The Cboe Volatility Index, or "VIX," was up 2.6% to 17.34, according to FactSet. The index is a gauge of expected volatility in the the stock market over a 30-day time horizon.