Albert Lea Tribune3h
Paid political letter: Inflation “IOI”
The level of inflation we are witnessing is the unintended consequence of the Democrat’s war on fossil fuel and their determination to implement the (flawed) Green New Deal. Democrats rarely consider ...
U.S. Federal Reserve Policy Decision: Securing A Soft Landing
The Fed’s aggressive 50 basis point rate cut, while unconventional, reflects a proactive approach to stave off any potential ...
CNET4h
Here’s How Much You’ll Earn If You Deposit $2,000 Into This CD Today
If you deposit $2,000 in CommunityWide Federal Credit Union’s one-year CD -- which has one of the highest APYs available ...
S&P advances more than 1% in historic week after Fed starts rate-cut cycle with a bang
The S&P 500 (SP500) on Friday added 1.36% for the week to end at 5,702.53 points, posting gains in three out of five sessions. Read more here.
What's Up Newp4h
What does the recent Fed decision mean for the local real estate market?
By Tyler Bernadyn and curated by Cam Stewart, Senior Loan Officer, Shamrock CMG Home Loans You might have seen news about the ...
Here are the benefits of opening a CD right now following the Fed’s rate cut
Now that the Fed’s first rate cut in four years is a fait accompli, there are still opportunities to open CDs with ...
Wall Street closes its record-setting week mixed
NEW YORK — A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs ...
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
Hosted on MSN7h
S&P/TSX composite flat Friday, U.S. markets mixed as Dow posts new record
Canada's main stock index was essentially unchanged Friday, while U.S. markets were mixed to end the week, with the Dow eking ...
Trump decries Fed rate cut as ‘political move’ that won’t work
Trump has repeatedly criticized the central bank and suggested presidents should have more of an influence over the Fed’s ...
SF Weekly7h
Stock markets mostly fall after Fed-fueled rally
US and European stock markets mostly retreated Friday following a record-filled rally sparked by a jumbo US interest rate cut ...
The Fed decision's lone dissenter worries the bigger rate cut sends a 'premature victory' message to markets
On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...